The dashboard on display allows the user to get a real-time snapshot of overall adviser and business compliance performance.
We present this in the following ways:
Regulatory Risk Rating trend: this tracks the average scores of each document assessed in the last seven days for a single licensee.
Regulatory Risk Matrix: As a licensee you can assess areas of advice within a heat map. The output is shaded green, yellow and red shading to assist the user to compare Each attribute is grouped into one of seven thematic categories, namely:
- Know your client
- Know your product
- Basis of advice
- Statutory disclosure
- Fee disclosure
- Plan execution.
The horizontal axis measures the average compliance score for each measured attribute.
The vertical axis measures the frequency of measurement for attributes within a category.
Financial Adviser exposure: ranks each financial adviser within a licensee based on their average compliance score per audit. The graphic shows individual adviser scores. It also shows the average score of all advisers under a single license.
High Risk Files: Explore a sortable and exportable breakdown of the compliance audit results to give you an analysis for all audited SOA files.
High Risk Attributes: Explore a sortable, filterable breakdown of the "High Risk Attributes" for all SoA files.