Compliance & Risk Management
Whether you work in a regulated market or not, in a compliance or risk management role you can use Nelly to significantly improve regulatory compliance and mitigate employee centric risk.
More than 90% of our clients are firms regulated by the markets in which they operate. To varying degrees the law requires that they not only train their employees, but also evidence that employees have learned and retained the training content.
Despite this requirement, few firms have even the capability, time or resources to accurately establish employee knowledge and competency in these areas, let alone ensure they achieve a required level and that this is maintained.
54 million interventions in 2018 concluded that on average employees know half of what they are required to know to perform their duties optimally and within the framework of the law.
By continually assessing employees every day, Nelly provides the very highest standards of evidence of individual employee knowledge and competency. Not only does she evidence the actual current standard, but her AI identifies and fixes the gaps and subsequently maintains each and every employee at the required standard. And unlike any other non AI driven system, Nelly uses a micro-time footprint, so management do not suffer productivity impact and employees do not suffer compliance fatigue.
All of this valuable insight and evidence is displayed in client specific intuitive heat-maps and risk gauges, accessible only to authorised individuals within the enterprise and updated daily. At the click of the mouse you can drill down into increasing levels of detail, if necessary focussing on a single employee and individual questions.
There is no better, more accurate and less intrusive way for a compliance professional to monitor, manage and ultimately mitigate employee centric risk. Click here to download our purple paper on how to use Nelly to improve the standards of compliance and reduce operational risk in your business.