Compliance & licensing administration platform OneComply has introduced that due to customer-requested engagement, eight jurisdictions are actually accessing applicant licensing data within the OneComply information repository to conduct their investigations. This implies markets depend on OneComply to make sure their licensees are compliant.
OneComply’s Options Now Utilized by Regulators
OneComply stated that the jurisdictions in query embody six US states, particularly Tennessee, Maryland, Colorado, Ohio, Virginia and Indiana. All of their respective regulators accessed OneComply shopper information to conduct their laws. The compliance specialist famous that its OneComply information repository ensures a extremely safe and environment friendly course of that forestalls data leaks.
OneComply defined that each time an organization submits a key particular person or enterprise software for a playing license, it’s required to supply extra data to assist the appliance. Beforehand, firms’ licensing workers needed to manually undergo the hustle of discovering and organizing the requested data. As well as, they’d usually should resort to utilizing third-party file-sharing software program like Dropbox.
Happily, OneComply gives higher options, permitting purchasers to retailer all of their regulatory data of their private OneComply Doc Repository. All its purchasers have to do is create a brand new folder inside their repository, copy the information already residing in OneComply after which securely share solely the stated folder with the respective regulator or investigator. Shoppers can afterward make the folder non-public as soon as once more, stopping leaks.
OneComply Cares about Its Shoppers’ Knowledge
OneComply’s founder and chief government officer, Cameron Conn, spoke concerning the worth of his firm’s options. He stated that his group was all the time conscious that OneComply’s options weren’t solely useful to operators however appreciated by regulators as properly. Conn famous that many consumers are completely satisfied that OneComply helps them simplify the normally arduous licensing duties. Regulators, alternatively, are starting to understand the effectiveness of OneComply’s options in terms of compliance investigations.
Conn reasserted that OneComply’s options shield purchasers’ information from being stolen.
This functionality not solely centralizes information entry for regulators, however reduces publicity to our purchasers from copying non-public paperwork from a number of places to exterior file-sharing websites. We sit up for extra jurisdictions coming onboard to profit from this necessary functionality.
Cameron Conn, founder & CEO, OneComply
Out The Gate is one in all OneComply’s many happy clients. Christopher Kape, the previous firm’s chairman and chief government officer, referred to as OneComply an necessary innovator that facilitates the compliance course of.
In July, OneComply additional strengthened its platform, integrating WhistleBlower’s ethics reporting alerts.