Ensuring Compliance in App Building and Use: Aurachain’s Commitment
Our platform streamlines processes, enabling efficient and confident actions, ensuring your organization stays agile and protected.
A Partner in Compliance
For compliance professionals, Aurachain is more than just a tool; it is a strategic partner in navigating the complex landscape of regulatory requirements and conducting comprehensive audits for all processes. By. increasing transparency and ensuring the context of data, documents, and decisions is easily understood, Aurachain simplifies interactions with both internal and external auditors.
Our platform’s commitment to improving efficiency and transparency makes Aurachain an indispensable component of any organization’s compliance toolkit.
With Aurachain, you leverage a platform designed to not only enhance compliance processes but also optimize access to vital information for all compliance professionals. Join us in redefining compliance for the digital age.
Aurachain’s Advantages to Compliance Teams
Governance Assurance
Aurachain ensures governance across all front-to-back processes, including all compliance reviews, escalations, and actions. This ensures data quality, case related context for documents and access to previous decisions and actions to optimize the risk mitigation and thoroughness of compliance actions. Additionally, this helps maintain quality even as process volumes increase.
Comprehensive Audit Trails
Aurachain’s best-in-market audit trail capabilities ensure you can always see who did what, where, and how, even down to field-level data changes. This not only enhances the efficiency and effectiveness of compliance teams but also facilitates smooth interactions with auditors and regulators.
Rapid Process Changes
A constant challenge in traditional case management or compliance process automation is the ability to adapt to changing regulatory landscapes, team dynamics, organizational structures, or necessary improvements. With Aurachain, you can respond to these changes swiftly without disrupting operations or enduring lengthy change queues.
Cost Efficiency
Digitalization of the compliance actions in key processes reduces the efforts needed to complete them, thereby reducing the operational costs associated with manual processes and disconnected systems. As compliance teams have exploded in size over the past two decades, this enables you to optimize your resource allocation to improve overall efficiency and either reduce compliance costs, or maintain them while you grow aggressively.
Competitive Advantage
Effective, efficient compliance teams that both mitigate risks and assist in providing seamless customer engagement help to differentiate from competitors. By optimizing compliance speed and efficiency you can additionally keep the costs of compliance in check while still having access to robust audit trails and case-based contexts for all decisions. Optimized compliance brings down the cost per customer, potentially opening new areas for revenue.
Out-of-the-Box Compliance Tools
The unique strength of Aurachain lies in its out-of-the-box capabilities, such as Process Live View, Custom Views, and Process Controller. These tools are not just add-ons but are integral to our platform and solutions, ensuring that compliance is prioritized and supported at every stage of the app building and usage process.
Process Live View
Our Process Live View offers a business friendly holistic overview of all applications in use, allowing you to identify all activity, in real-time, making data, documents, decisions, escalations and identified risks transparent and easily accessible. Additionally, this assists you in ensuring all processes run smoothly and are measured against your process KPIs.
Process Controller
Aurachain’s Process Controller provides your technical counterparts unparalleled depth of visibility into your app’s development lifecycle and operational use. The feature ensures that every step, from conception to deployment, adheres to your communicated compliance requirements.
Custom Data Views
The Aurachain platform empowers you to establish tailored data views, providing end users with targeted insights into crucial process data. These custom data views enable users to create unique perspectives aligned with their specific needs. Administrators retain control over which data end users access, how it is presented, and the level of visibility.
Supporting Compliance at Every Step
Aurachain’s platform is meticulously crafted to address the unique requirements of compliance professionals, providing context, thoroughness, and comprehensive oversight at every step. This ensures that every process solution not only aligns with regulatory standards but also optimizes the role of compliance in enhancing your company’s competitiveness and mitigating risks.
How Intuitive is Aurachain?
Hear it from our clients:
The decision to partner with Aurachain for our low-code process automation needs was easy. We had already created a requirements list and evaluated several other offerings. Aurachain checked all the boxes. We were extremely impressed at the rate of innovation and the ease of application maintenance Aurachain provides in their platform.
SOFIA VUJATOV
Head of Business Innovation
With our commitment to innovation and through out partnership with Aurachain we’ve harnessed the power of transformative low-code to create applications that have improved our internal processes. We are already working towards a fully streamlined vision of our future at TMV Capital.
ASTA MARTINIONÉ
Chief Process Officer
Using the Aurachain platform meant we were able to go digital with key workflows in a few short months. The Aurachain team helped us to hit the ground running, and the tremendous customer support has allowed us to build up internal capability at a pace we are comfortable with. As a Private Bank, we now have greater transparency, flexibility and can process at a higher speed. Both our internal and external customers are seeing faster decisions and a lower error rate..
MARCEL PFISTER
Head of Private Banking
The partnership with Aurachain allows CEC Bank to continue its digital transformation and align with the best available technologies worldwide. While online access to banking products is becoming mainstream, current discussions on the future of banking, at international level include public and private blockchain implementations, including involvement of Central Banks. Blockchain technology and distributed ledger solutions instead of centralized databases may foster faster, more secure and more efficient financial services. Low-code solutions can stand at the basis of blockchain technology implementation.
BOGDAN NEACSU
General Manager
This joint project between the Central Securities Depository and Aurachain is very important from the perspective of the digital transformation of all processes in capital markets. We want to use Aurachain’s solutions in the area of identifying and profiling individual clients, a solution we want to offer to the brokerage community in the capital market, and to other industries or platforms that need such a solution.
ADRIAN TANASE
CEO
We see immense future possibilities in using low-code as a way of transforming to save costs and increase efficiency more quickly. Although this example came from a crisis, there are so many ways low-code could improve collaboration and efficiency in governments domestically and globally..
OCTAVIAN OPREA
President
I’m looking forward to working together with Aurachain to support our clients with digital transformation.[...]The partnership with Aurachain will add their unique experience of low code application development to our existing offering, bringing additional opportunities to offer services to our clients.
RICHARD PERRIN
Head of Advisory Department
We have created Elrond as a significant improvement enabling simpler and more streamlined value exchange for both startups and established enterprise platforms. The Aurachain customers will be able to enjoy increased security and lower costs through the Elrond mainnet without managing additional blockchain complexity.
BENIAMIN MINCU
CEO
For ABP Consultancy, Aurachain platform represents an extension of our product portfolio and core organizational competency, into the promising arena of blockchain. More so, we can now offer our clients a means to achieve a broader type of process automation value, through trust based collaboration with their external universe of ecosystem partners.
JORGE SOARES
CEO
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