Our Core Regulatory Compliance Technology & Other Services

SERVICE OFFERINGS


We like to think of ourselves as business enablers through IT, legal, compliance and front office expertise. Monivation’s Service Offerings are informed by the Team’s business, banking and financial know-how, specialising in sophisticated and complex regulatory challenges. We strive to ultimately change the perception and experience of compliance to that of “effortless Compliance” – as it should be.

We offer an unrivalled mixture of experience, expertise and business acumen: a practical, no-nonsense bridge between compliance and business.

The team provides practical and fit for purpose solutions, assisting businesses to manage the cost of compliance and navigate within their defined regulatory landscape. We are a team of specialists - individuals with a singular drive for exceptional delivery. This, coupled with our unique regulatory and compliance virtual advisors, the Digital Compliance Officer, creates a comprehensive solution set, delivering value to your business.


Digital Compliance Officer®

Innovate
Lead
Disrupt

The Digital Compliance Officer®, an augmented intelligence platform, enables lightning fast, effective and data driven execution of regulatory compliance tasks through an easy-to-use graphical user interface. Through its various specialised Virtual Advisors, the DCO addresses the Anti-Money Laundering, Countering the Financing of Terrorism and Sanctions requirements for any size business.


Compliance as a Service

Compliance Agents
Compliance Officers
Compliance SMEs

We provide specialised resources for businesses which require qualified compliance officers or other compliance resources to assist with daily business operations. We take care of compliance while you focus on your business.

Specialised Due Diligence

Know your Customer
Know your Business
Know your Supplier

We protect businesses against fraud and other forms of financial crime by empowering their staff to generate detailed and specialised Know your Customer (KYC), Know your Business (KYB) as well as Know your Supplier (KYS) Due Diligence Reports in an automated or outsourced (Compliance as a Service) manner.


Professional Services

Consulting
Advisory
Assurance

The team provides practical and fit for purpose solutions, assisting businesses to manage the cost of compliance and navigate within their defined regulatory landscape.

Specialised Due Diligence

CORE SERVICE OFFERINGS


The Digital Compliance Officer enables the automation, while our Client’s Risk Management and Compliance Programme (RMCPs) inform the rules to be automated in the execution of due diligence. We recognise the risks and complexities businesses face and have developed a capability to generate detailed Due Diligence Reports, for both individuals and legal entities across the globe. Depending on the Client’s internal rules (RMCP) and risk categories, information such as a Customer’s background, identity and residential address verification, source of funds and wealth, bank account verification, political and sanctions exposure, financial status, possible adverse media etc. (to name only a few due diligence checks), are consolidated into Due Diligence Reports, fully automated through the Digital Compliance Officer compliance services, irrespective of the level of complexity or jurisdiction, which include, but not limited to:


  • Simplified Due Diligence (SDD)

  • Standard Due Diligence (STDD)

  • Enhanced Due Diligence (EDD)

  • Investigative Due Diligence (IDD)

  • Supplier Due Diligence (SPDD)

  • Non Compliance Remedial action for existing Customer base


Compliance as a Service

CORE SERVICE OFFERINGS


We provide specialised resources for businesses which require qualified compliance officers or other compliance resources to assist in the day-to-day operation of a business. We take care of compliance while you focus on your business.

Our Compliance as a Service offering consist out of the following, but not limited to, the outsourcing of:


  • FICA Compliance Officers

  • FAIS Compliance Officers

  • Due Diligence services, where our team of professionals will perform the required compliance checks, in order to manually generate either Simplified, Standard, Enhanced or Investigate Due Diligence Reports. This service is popular amongst Clients where their volumes and staff compliment do not warrant automation

  • Ongoing Compliance Support and Advice

Professional Services

CORE SERVICE OFFERINGS


Our Regulatory Compliance Consulting Services include a wide spectrum of professional services, such as assisting with preparation for regulatory inspections, formulating your business’ Risk Management and Compliance Programme, defining your Regulatory Universe, conducting risk assessments, drafting of policies and procedures and general advisory.

MONIVATION blends experience with innovation, technology and efficiency. Our team of experienced professionals can assist Clients with practical Regulatory Compliance services, irrespective of the level of complexity or jurisdiction, which include, but not limited to:


  • Outsourced Compliance Partner - either in Advisory capacity or end-to-end functional capacity

  • Enterprise Risk Management

  • Regulatory Compliance Advisory

  • Data Privacy Compliance

  • Define Regulatory Universes for all types of organisations

  • Enterprise-wide Financial Crime (AML/CFT & ABC) Risk Assessments

  • An organisation’s Risk Management and Compliance Programme (RMCP), which includes risk rating models and methodology, Risk Based Approach (RBA), Customer Due Diligence requirements etc.

  • Regulatory Compliance Assessments / “GAP” Analysis

  • Training – the facilitation and development of specialised material relating to Regulatory Compliance (including Financial Crime and other disciplines)

  • Preparation for Regulatory Inspections / reviews by i.e. the SARB, FIC, FSCA etc.

  • Policies, procedures, processes and guidelines, bespoke to a particular business’ operations, risk appetite and risk based approach

  • Compliance Remediation Projects / Programmes

  • Project & Programme Management

  • Perform compliance monitoring and quality assurance reviews

  • Technology Risk Assessments / Roadmaps