ONE regulatory announced it has been appointed by Luxembourg-based global advisory and family offices firm Maitland to implement R-ONE, a cloud-based compliance technology and workflow tool.
With an increasing large portfolio of clients, the regulatory landscape is becoming increasingly complex. Using technology to create efficient governance processes and managing workflows remains challenging for advisory firms.
To manage this, Maitland has appointed ONE regulatory, to implement its cloud-based compliance technology and workflow tool product. R-ONE will provide all companies with bespoke, integrated compliance solutions. This aims to relieve firms from their time-consuming, daily compliance functions and allow them to focus on adding value to clients.
“With an ever-expanding portfolio of clients, one of our biggest challenges is how to use technology to create robust and scaleable governance processes and manage our workflows,” said David Kubilus, Managing Director of ManCo Services at Maitland.
Tobias Ettlin, Partner at ONE, added: “Our ability to provide customised, bespoke service solutions for our clients positions us perfectly to support Maitland”.
David Kubilus continued: “We were looking for an independent partner offering a standalone product, with a tailor-made and integrated compliance solution that wouldn’t comprise the security of our data. For us, this appointment underlines our ability to provide comprehensive management company services”.
Tobias Ettlin concluded that “the key value-add is ONE acting as a specialist service provider acting as an extension of a client’s daily operations and relieving them of compliance resource challenges. This is achieved via R-ONE, a scaleable technology solution for compliance and governance processes reflecting the current state of Luxembourg and EU rules and regulations”.
ONE group solutions provides the next generation of fund management solutions. It consists of four entities that deliver third-party Management Company, Regulatory & Compliance Advisory, Corporate Secretary and Governance Technology solutions to asset, wealth and fund managers from around the globe through its offices in Luxembourg, London and Zurich.
