Rockstone Compliance has partnered with intermediary platform Acre to help brokers meet their third-party compliance requirements.
Over the past 10 years, the financial advice landscape has changed significantly – with advisers subject to stricter oversight under Consumer Duty, and an ever-changing set of lending rules.
In order to keep up with these regulatory changes, Rockstone has chosen Acreâs all-in-one customer relationship management (CRM) platform as its preferred supplier.
The platform includes automated verifications of case data, key compliance workflows and self-documenting history of each client and case to ensure consistent advice and the best customer outcomes.
Elizabeth Harris, Rockstone compliance director, said: âFirms are required to report to the Financial Conduct Authority (FCA) several times a year, and it is crucial that this information is both accurate and timely.
“Sadly, some systems are not up to task – leaving brokers open to risk.
“Weâve known Acre for some time and are impressed by how theyâve embedded data collection and reporting into every step of the advice journey, diminishing the potential for error and making the jobs of compliance officers much easier.
“From day one of being on Acre, brokers will be compliant and it’s why we have decided to formalise a partnership.â
Justus Brown, Acreâs CEO and founder, added: âNo one understands the complexities of compliance better than Elizabeth and her Rockstone team.
“They recognise the critical role good technology holds in meeting regulatory requirements.
“We are thrilled to have their recognition as a superior platform that has been built with compliance in mind.â
