efficiently meet legal, regulatory & standards obligations

Compliance requires the establishment of a corporate wide culture. Your organisation must implement appropriate and proportionate technical and organisational measures to abide by laws and regulations, to meet industry standards and to protect personally identifiable data.

The benefits of centralising technical and organisational measures include:

• improved company wide governance, risk management & compliance
• a more complete cyber resilience 
• increasingly trusted brand, and consequently
• enhanced customer patronage

Why Standardise ?

Separately managing the requirements of multiple legal / regulatory frameworks and industry standards can magnify departmental inefficiencies. Standardising common control lexicons, facilitates cross framework mapping and generates crosswalking productivity gains.

Natural Language Processing, an Artificial Intelligence discipline, drives the automation of framework document ingestion, leveraging compliance by design, automated crosswalking, continuous control automation, real time risk management and up to the minute executive and board reporting.

Appropriate compliance by design, policies and procedures are derived from a clear understanding of the data in use, held at rest or in transit. Organisational and technical measures introduced to protect company data, ensure cyber security and meet regulatory obligations, can then be proportional in accordance with the nature, scale and complexity of business operations.

So, do you know how your compliance regulations and frameworks interrelate? Are you taking advantage of the benefits of NLP, (document processing automation)? Does real time continuous assessment reveal the hierarchy of your risk exposure?

We use SimpleRisk and other emerging software products, backed by powerful AI and automation for integrated, multi disciplinary, compliance as a service. 

Productivity tools that elevate the knowledge and skills of your people, illuminate best practice process, maturing company culture and exposing hidden tech insights that deliver advanced reputational value.

Save time and money by automating complex labor intensive tasks; stay safe, be legal.

Compliance frameworks that css.bm products support include:

Bermuda Monetary Authority - Insurance Code of Conduct (Aug 2022)

Bermuda Monetary Authority - Operational Cyber Risk Management Code of Conduct (Sep 2022)

IASME Cyber Baseline & Cyber Assurance - UK government-backed cyber security certification body 

FATF Recommendations - 40 measures countering global money laundering and terrorist financing

FISMA - USA Federal Information System Management Act enabled by NIST 800-53 

Cyber Essentials - UK National Cyber Security Centre accreditation required for government contracts.

NIST Cyber Security Framework - USA protection of the confidentiality of Controlled Unclassified Information.

NIST Privacy Risk Framework - management of organisational privacy risks in accordance with statutes and regulations.

ISO 2700x - International Information Security Management Standard.

ISACA Risk Management Framework - facilitates comprehensive view & management of IS related risks.

MITRE ATT@CK - federally funded not for profit global knowledgebase of threat activity, techniques & models

GDPR - UK / European General Data Protection Regulations.

PIPA - Bermuda Personal Information Privacy Act 2016. 

 FINTECH and REGTECH solutions: 

Client Lifecycle Management

Security / Privacy Compliance as a Service

Integrated Risk Management

Know Your Customer

IBM Financial Crimes Insights

Anti Money Laundering / Anti Terrorist Funding