Regulatory Remediation

The Third-Party Support You Need to Achieve and Maintain Compliance

PLANNING. EXECUTION. REPORTING.

Our Services

Whether internally initiated or formally required by a consent order, Simpluris aids respondents in meeting critical obligations and deadlines. Simpluris is prepared to plan and execute remediation actions tailored to your institution’s size and needs. As a third-party administrator, we understand the importance of swift remediation and provide “white glove” customer service from planning, to execution, through final reporting.

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How We Work

Learn more about our client services experience.

DEDICATED TO QUALITY & EFFICIENCY

Compliance & Remediation

When a consent order is passed down, swift action is required. Institutions that demonstrate comprehensive efforts to remediate non-compliance earn substantially reduced penalties. As an objective third party, Simpluris is trusted by regulators to remediate gaps and administer corrective actions. We implement the necessary measures to safeguard your quality reputation. Most importantly, Simpluris’ technology-driven approach ensures that regulators, executive management, board members, and relevant stakeholders are provided with accurate and timely data reporting that demonstrates successful standing with the applicable regulatory authorities.

SERVICES

Regulatory Remediation Offerings

Simpluris provides a wide range of services to ensure your remediation efforts are conducted efficiently and effectively.

Comprehensive Remediation Strategy Planning

Experts review your unique matter, consult with you, and create a custom remediation roadmap.

Noticing Expertise and Planning

Simpluris notifies impacted clients through physical mail and/or email, tracking and remailing when appropriate.

Distribution and Fund Management

Distribution and Fund Managment

We distribute funds both physically and electronically, providing daily reconciliations and reports back to the regulatory body.

Accounting & Taxation

We create a Fair Fund/QSF with a federally insured bank and deliver tax reporting for both the Fund and the impacted parties.

Data Management

Data Management and Analytics

Our data analysts are solution-oriented problem solvers that excel at organizing information and making it work for you.

Contact Center

Our contact centers are staffed with live multilingual representatives, trained to clearly explain case-related information to callers and escalate inquiries as appropriate.

CONTACT US

Let’s discuss how Simpluris can solve your administration challenges.

Our focus on providing superior customer service, coupled with our experience and ability to create innovative solutions, has given Simpluris a reputation for exceptional settlement administration.

Key Contact:

Paul Saroj

SVP Regulatory Enforcement & Remediation

psaroj@simpluris.com