Working collaboratively with Brooklyn Solutions, Danske Bank were able to fully integrate audit tracking against the EBA Guidelines framework. Meaning, they are always digitally ‘fit for audit’.
Using the Brooklyn tool, Danske have now divided all their agreements into three tiers: Basic, Intermediate and Complex. This enables them to better manage resource dependent on contract level. Basic are self-paced, with the additional automation they benefit from the Brooklyn Solutions tool. For Intermediate, they can now manage 6 contracts per FTE, which before Brooklyn was very difficult. And for Complex Agreements, one contract manager can now manage three agreements.
Overview
- Delivering against EBA outsourcing governance and Danish FSA regulatory compliance
- Establish and maintain a ‘fit for audit’ stage
- Overseeing outsourcing of services
- Overseeing outsourcing of business-critical services and processes
- Driving governance and relationship management through a single tool
- Gaining a holistic view of vendors
Want to be always digitally fit for audit? Talk to our Digital transformation experts today