Financial Services Qualification System Slate Case Study

Hellios develops communities of buying organisations to provide third party risk management processes by collecting, validating and monitoring supplier’s information.

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FSQS (Financial Services Qualification System) from Hellios is a community of financial institutions including banks, building societies, insurance companies and investment services, collaborating to agree a single standard for collecting the increasing amount and complexity of third party information needed to demonstrate compliance to regulators, internal policies and governance controls.  It is a trusted source of information to help make business decisions easier.

The ethos of Hellios is to provide the highest quality supplier information based on long term sustainable relationships with both their buyer and supplier customers.

At Slate we recognise the importance of demonstrating our robust framework of operational and compliance policies and processes to our clients in the Financial Services sector.  Agility is the name of the game, and being able to hit the ground running on our client’s programmes of work is key to our success. In the past, during the initial contracting process, progress has been delayed while we worked through the necessary due diligence requirements of our clients’ internal procurement teams.

For Slate, the FSQS process has freed up not only our team resource, but also our clients procurement / supply team from the burden of assessing our risk, giving them great data, gathered efficiently, and the confidence of being part of a growing buying community. 

Buying from an FSQS registered supplier such as Slate, they need not have a fragmented approach to risk.  Uncoordinated questionnaires, difficulty chasing up, limited validation of quality controls are a thing of the past when buying from Slate via FSQS.  Team resources are free to concentrate on deeper more value added tasks, adding greater value to the wider business.

See the Slate case study here: 

FSQS Slate Case Study

See Slate on the Hellios FSQS site here:

https://hellios.com/case-studies/

fsqs

About Slate

If your business is bogged down by legacy technology, and you’re spending millions every year on your digital programme, Slate helps you move past this. Our proven sweet spot is reducing the cost of digital change.

Digital change in corporations requires a “start-up mindset”, however, people with a start-up mindset tend not to work for corporates. We provide a small capped team of incredibly smart technologists, problem solvers with ‘start-up thinking’, for just as long as you need them. 

Our developers work within your own Enterprise IT team, working on your technology, your digital capability, upskilling your own employees along the way and reducing your dependence on any existing incumbent suppliers, saving you millions in the process.

To find out more, please email us or visit us at AskSlate.com

 

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