DIGITAL TRANSFORMATION
Delivering digital solutions that help TCSPs to
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Manage business processes
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Embed control
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Enable automated evidence of compliance
Products
Using Laserfiche forms technology, we have developed digital solutions for over 40 business processes. They have been deployed in the Trust and Corporate Services financial services sector. Below are a selection of the most impactful grouped into functions. These solutions can be deployed quickly, adapted and turned into bespoke solutions
Compliance and Co-Sec
Compliance Monitoring Programme
Regulatory notices
Compliance actions
Board meetings
Directorships management
Authorised signatory management
Client Accounts and Finance
Accounts production
Tax filings
VAT filings
Expense claims
Company payments
Onboarding
New business control
Initial searches
Commercial assessment
Application forms
Fee quotes
Information and documents
Compliance sign off
Due Diligence
Source of Wealth and Funds
Proof of identity and address
CRS self-certification
Risk appetite
Risk assessment and mitigation
Beneficial ownership assessment
PEP assessment
Administration
Periodic reviews
Client payments
Bank notifications
Entity closures/ offboarding
Change of circumstance
GAD calculations (pensions)
Operations
Gifts and entertainment
Data incidents and breaches
Regulatory submissions
IGOR updates
HR and staff
Joiners
Contractor timesheets
Overtime
Leavers
Projects
Project management
Digital process request
Change control
Staff roles
Methodology
Developing user-defined flexible solutions. Fast
01
Understanding requirements
Solutions are built around existing business processes, policies and procedures.
Before building any solutions, we need to understand how the business operates.
Spending time on understanding and definition saves time later.
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Build
The modern approach to solution development is both iterative and adaptive. The digital platform will develop over time as new requirements, ideas and capabilities arise. The build phase is fast.
02
Design
Moving to a digital platform is not just about replacing manual checklists and processes with electronic versions.
New technologies allow development of new solutions that enhance efficiency, accuracy and consistency.
We can use technology to guide users through processes whilst embedding company policies and authorisation mechanisms
04
Deliver and train
Perhaps the most important phase of the change process.
Engaging the users in the new ways of working is vital to ensure there is no going back.
We deliver workshops that both train staff and lead to new ideas and subsequent developments
PETER BRUGES FCCA
Finance and Operations professional
Peter Bruges is a finance and operations professional. He has over 30 years of experience working in the retail and finance industries.
Most recently he has lead the digital transformation of Bourse Trust Company, a Guernsey Trust and Corporate Services business.
He is now working with other technology providers to deliver a digital platform that enables businesses to
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Make entire processes digital
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Drive efficiency
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Engage with clients digitally
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Enhance staff knowledge and motivation
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Manage risk
Peter has extensive experience from his roles as Finance Programme Manager at Specsavers, CFO at Channel Islands Cooperative and Praxis and running sales businesses in the UK and Australia.
He holds BA (Economics & Accounting) from Reading University, is a Fellow of the Association of Chartered Certified Accountants, a Prince2 Practitioner and yellow belt 6 Sigma.
PARTNERS
People and organisations I have worked with previously who provide services that compliment Stonebridge Consulting and I am proud to be able to introduce.
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