Regulatory Compliance and Surveillance

Financial and capital markets are transforming to adapt to new regulations and compliance requirements. Data-heavy organizations need to respond with minimum disruption.
With TCS’ Regulatory Compliance and Surveillance Consulting Services, we help your organization become compliant rapidly.

MiFID II Compliance | OTC Derivatives Compliance 

Client Challenges 

  • Coping with the market fluidity, with new regulations being introduced frequently
  • Handling country / region specific regulations for localized solutions / offerings that affect companies’ global compliance frameworks
  • Meeting compliance standards quickly while minimizing the business impact
  • Minimizing the incremental cost of compliance without compromising on quality and timelines
  • Automating existing compliance frameworks to make them more efficient, accurate and cost-effective and reduce reporting turnaround times
  • Managing operational complexities arising from increased oversight of regulatory bodies and higher transparency required in regulatory reporting

What We Provide

We, at TCS, offer a wide range of solutions in the area of regulatory compliance & surveillance for capital market participants. Our key services include the following:

  • Impact assessment of new regulatory directives such as MiFID II, Dodd Frank, European Market Infrastructure Regulation (EMIR) and others affecting current business processes and systems of market entities
  • Due-diligence to assess compliance readiness levels of your organization to meet the new regulatory directives
  • Business requirements analysis for new regulatory provisions with respect to systems and key business processes
  • Product centric consulting on compliance solutions covering the following:
    • Product fitment analysis for in-house / third-party products design to meet the requirements of local regulations
    • Detailing and prioritization of product customization and / or enhancements
  • Process improvement and automation in various compliance areas such as Anti-Money Laundering (AML), Know Your Customer (KYC), market abuse, Chinese walls, control room operations, cost basis reporting, Extensible Business Reporting Language (XBRL) reporting framework, etc. covering the following:
    • Gap analysis for current processes and future-state process design
    • Process and system change / improvement recommendations to meet the new compliance needs
  • Prioritization of change opportunities, including system upgrade, planning and creation of transformation roadmap to facilitate movement from current state to future state
  • Enterprise Compliance Framework Assessment and implementation of enterprise-wide compliance program

Business Value

Our in-depth knowledge and extensive research on the impact of regulatory directives in business operations and compliance frameworks will enable you to achieve higher levels of compliance. We ensure timely implementation of changing regulatory provisions, thereby improving accuracy, cost-effectiveness and reporting turnaround times.

Our experience in managing compliance upgrades and regulatory processes for leading capital market regulators allows us to accelerate your time to compliance. On an average, we reduce time to compliance by 30% and deliver a 25% cost saving on building compliance frameworks and reporting.

Reach Us.