Deriskly

🎊 IT’S A WRAP!    Last week was nothing short of inspiring as we had the privilege to witness a diverse range of outstanding leaders and organisations within the financial services sector being recognised for their dedication in their implementation of the Consumer Duty.   Adapting to “game changing” regulations is never a straightforward task. Our primary objective in executing this initiative is to spotlight organisations that have diligently embedded the Consumer Duty within the year since its implementation.    As our founder & CEO Tatiana Botskina has mentioned, the stories of tonight’s winners illustrate the opportunities that the Consumer Duty brings: a chance to set new standards, foster trust between consumers, and build a better future where every consumer (including the most vulnerable) are valued and protected.   At Deriskly, we believe that responsible practices and consumer-centric approaches are key to growth. We are dedicated to helping organisations follow the rules and put consumer interests first. It is through collaboration that we can achieve a future where every consumer feels valued and safe.   We hope that through this initiative, we could inspire excellence and innovation in all aspects of the Consumer Duty – driving positive change towards a more consumer centric financial services industry for the years to come.   🏆 Here are your winners! Consumer Duty Leadership in Consumer Finance: Cardiff & Vale Credit Union , Caroline Richardson, Llinos Jonathan BA ( Hons), FCIM, CMktr, Consumer Duty Leadership in Consumer Investments: The Wisdom Council in support of Rathbones Group Plc and M&G plc. Sarah Horgan, Martha Webb, David Blackburn Olubunmi Stuber Consumer Duty Leadership in Retail Banking: Newbury Building Society. Chris Adlard Consumer Duty Leadership by a Fintech: Monzo Bank, David Whittaker, Amanda O., Karon Chohan, Jessica Taylor Consumer Duty Leadership in Insurance: Hiscox, Doug Stewart, Melanie Barnard, Stuart Logan Dip CII Consumer Duty Leadership in Use of Technology: ABCUL AND PERFORMANCE METRICS LTD 1872 Culture, Fergal Brehony Consumer Duty Champion of the Year: Cheryl Pidler, Hinckley & Rugby Building Society Consumer Duty Leadership in Addressing Vulnerable Customers' Needs: Personal Group, Mike Laird, Hywel Phillips. Lastly, we would like to thank all applicants, shortlisters, and winners for their demonstrated commitment!

We are excited that our solution to help firms deliver clearer comms and #finproms under the #consumerduty has been selected for the FCA's Digital Sandbox!

Our CTO & co-founder Tatiana Botskina will be sharing her insights on data-driven strategies and tools that will help firms with the first board reporting deadline for the #consumerduty on 31 July 2024. Join her and other industry experts on 17 May, 3-4pm on this special webinar. Register here: https://lnkd.in/dPGSGAAJ. Consumer Duty Leadership Awards Consumer Duty Alliance Kroll

Deriskly is proud to support the Consumer Duty Leadership Awards that recognise firms demonstrating exceptional leadership and commitment to delivering excellent customer outcomes. #consumerduty #financialservices #leadership #awards #FCA

The FCA’s Consumer Duty heralds a significant transformative shift across the financial services sector. Embedded within this duty, is the obligation for firms to “act to deliver good outcomes” for their retail customers. This includes being cognisant of market inefficiencies (such as behavioural biases and information asymmetries) and acting to ensure that they do not lead to consumer exploitation.   With the cost of living on the rise, consumers are pressured to make important financial decisions quickly, in an increasingly complex environment. This duty requires businesses to conduct themselves ethically and ensure that consumers are well-informed when making such financial decisions.   If your firm has made strides under this new duty and seeks recognition for its efforts or initiatives, we warmly invite you to apply for the Consumer Duty Leadership Awards 2024. 🗓 Deadline for submissions: 31 May 2024 🔗 Link to apply: https://lnkd.in/eHmBGuhM We look forward to receiving your submissions! For any questions, please do not hesitate to contact us at [email protected]

We are looking forward to supporting the inaugural Consumer Duty Leadership Awards, which will showcase leading practices by firms in approaching the #.ConsumerDuty. We are delighted that our CTO and co-founder Tatiana Botskina will be part of an esteemed judging panel. Please submit your nominations for the awards by 31 May 2024!

Check out PwC's podcast with our co-founder Mimi Zou on her journey as a professor, innovator and tech pioneer!

We are very grateful to be one of 15 companies in Accenture’s FinTech Innovation Lab London this year. The support from senior leaders across Accenture and its network of partners and mentors in financial services has been nothing short of spectacular! Many thanks to those who joined us last Thursday for the launch event (which, of course, took place in a converted warehouse in Shoreditch😏) Our cofounder Tatiana Botskina smashed her pitch 🚀🧨😎 We look forward to being inspired and growing in the coming months ahead!

We look forward to working with the community at NatWest to accelerate our growth and support #financialservices in delivering excellent outcomes for their customers 🚀 #consumerduty