EQ launches new automated complaints product for the financial services industry
- Compliance , Regulatory Standards
- 02.07.2020 12:49 pm
EQ (Equiniti), the international technology-led services and payments specialist, is delighted to announce that it is launching a new automated complaints management product for the financial services industry – EQ Complaints Professional.
EQ Complaints Professional is a powerful complaints solution that will enable firms to enforce their FCA compliance immediately and on a continual basis as regulation evolves.
The solution’s automation and machine-learning capabilities will ensure companies meet regulatory requirements to a higher and more consistent standard, eliminating the risk of rule breaches. By streamlining operations, it will also allow staff to focus more on individuals, to achieve better customer engagement and outcomes.
Based on over 20 years’ worth of complaints management expertise and specialist skills, EQ Complaints Professional benefits from the advanced proprietary technology of the wider EQ business.
The tool is quick to deploy and cloud-hosted, providing firms with secure SaaS functionality. Its scalable model allows EQ to tailor the service to individual businesses to suit the level of customer interaction.
Andrew Edler, MD of EQ Charter, commented: “We are delighted to bring this exciting new product to market which will allow financial services companies to strengthen customer engagement while complying with the significant regulatory burdens they face. Our products and services will help optimise their continued compliance with FCA regulations, and give them greater capacity to focus on providing an excellent customer experience. This product will enable businesses to streamline their operations, reduce cost, minimise compliance risk while improving how they engage with their customer base.”