HOW IT WORKS
Conect™ has been developed — from the ground up — as both a powerful standalone customer solution and to integrate seamlessly within partner platforms across the insurance and financial sectors. Allowing businesses to further simplify software integration for regulatory compliance to add further value at the touch of a button.
Albany Group has also developed strong relationships with a range of sector-specific partners to bring additional insight and expertise from legal to audit to outsourcing to accountancy to insurance.
With Conect™, platform providers: embed unparalleled risk management, compliance and oversight capabilities to their customers’ supply chains. Intuitive, easily customisable and highly automated, Albany Group’s innovation encompasses:
workflow and assessment
world leading data resources
analysis and insight
With Conect™, platform providers: bring their customers a single view of the entire supply chain — including financial health, performance, policies and contracts — in a searchable and auditable environment. Conect™ delivers customer confidence across a range of regulatory agendas, including the FCA and PRA, to address scenarios including due diligence, Know Your Customer and fraud prevention.
With Conect™, platform providers: protect their customers against potential supplier fraud (ghost companies), financial risk (profit warnings/collapse) and AML risk (sanctions/adverse checks) — all of which are inherent in extensive supply chains. Conect™ raises the game, with comprehensive daily checks to deliver complete visibility across silos.
With Conect™, platform providers: help customers to drive efficiency as well as effectiveness. Highly automated, Conect™ greatly reduces the need for expensive human resource (as well as potentially expensive human error).