AJ Bell selects Redland for Accountability (SM&CR) solution

Jan 30, 19

AJ Bell is the latest financial services company to select Redland’s multi-awarding-winning Senior Managers & Certification Regime (SM&CR) SaaS solution.

The solution will be rolled out across three of AJ Bell’s legal entities, enabling the Group to comply with all aspects of the Accountability regime.

Louis Petherick, Chief Risk Officer, AJ Bell comments: “The Senior Managers & Certification Regime has a fundamental impact on all FCA regulated firms. For firms of our size, technology is the only workable solution. Therefore, we conducted a thorough review of suitable software vendors and chose Redland for their proven SaaS-enabled software and regulatory expertise.

Gary Muchmore, Chief Executive, Redland, commented: For large firms, SM&CR adds significant complexity. From our experience, whilst meeting the regulatory deadline in December 2019 is an understandable priority, the real heavy lifting comes with ongoing management and compliance. We’re delighted that AJ Bell has chosen Redland, further endorsing us as the genuine market leader in SM&CR technology solutions.