“Information is stored on multiple systems or is in storage, and if the Financial Conduct Authority asked them about it, it would take some time and work to pull the correct information together.” Sound familiar? This is a quote from August 2024 by BAT
The FCA published a Thematic Review in March 24, and 22% of files submitted to the FCA had Material Information Gaps, MIGs. It is an awful statistic.
BAT AI tool eliminates that proportion of files at the adviser level. The solution is weirdly simple. A quarter of all file checker time is spent sifting through unstructured and unclear files for completeness. BAT tool simply checks what is there, and highlights what isn’t there. If things are missing, it will tell the adviser right there and then.
Get your files pulled together with BAT. Use BAT-AI File checker. For BAT, Compliance is a competitive edge.
Work smarter, not harder.
BAT: The future of compliance, powered by AI.