Central Markets to migrate to jComply Software as a Service platform

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) April 22, 2010 -- Bracknell, UK – Migrating to Software as a Service platform, Central Markets employees will be able to now access jComply from anywhere on the internet. This will particularly benefit people working from remote locations and people who are constantly on the move.

Since rolling out jComply, Central Markets have been successful in implementing relevant policies and procedures throughout their organisation. jComply makes it possible for Central Markets to distribute and train their employees on all the regulations that effect their operations thus creating a strong proof of compliance. Furthermore Central Markets has been using the inbuilt features of the software to disseminate board meetings to the directors and generate and distribute various types of detailed reports to the managers.

Previously Central Markets were using their own internal server for hosting the software which could not be accessed from outside the company’s intranet. By switching to jComply SaaS Central Markets employees can access jComply from anywhere in the World. Apart from this major advantage Central Markets has drastically cut down on their cost of hosting and managing the software as well as the hardware. Upgrades to new releases, security and maintenance are no longer a concern for Central Markets.

To learn more about jComply SaaS, visit www.jcomply.com/software-as-a-service.

About jComply
jComply is a complete 360° application to introduce policies and procedures in the company. jComply enables you to create and manage policy documents using the built-in review and approval workflow, disseminates the documents to the employees, trains the employees, tests their knowledge on policies and procedures and generates reports on the company’s compliance level.

Additional modules to support the process of compliance include accident and incident management, risk assessment, audit, forms and a mobile module for supporting field workers.

In this day and age, every mid to large size company is regulated by some authority or government body. For banks and building societies, it is FSA, EU, MiFID, FATF, Basel Committee; for healthcare it is BMA, CHRE, GCC, GOC, GMC and more; for pharmaceuticals, it is BNF, MHRA, FDA; for local and Central Government, it is ODPM, DWP etc. There are standards such as Sarbanes-Oxley, Basel II, IAS, etc. to comply with, depending on the sector in which the company is operating. Internally, companies have their own policies and procedures which employees and departments need to follow. Surprisingly enough, a lot of employees are not even aware of some of the common policies relevant to their businesses.

Failure of non-compliance with the industry related directives can result in serious consequences for the organisation such as defamation, imprisonment, financial loss, sanctions, loss of customers, etc.

More and more companies are embracing technology for process control. In order to not only survive but to thrive in today’s highly competitive and regulated environment, companies have to ensure that their internal policies and procedures are in compliance with external policies and directives relevant to their businesses.

To learn more about jComply SaaS, visit www.jcomply.com

About Tabaq Software:
Tabaq Software specialises in designing and developing enterprise compliance solutions for the heavily regulated sectors such as finance and banking, healthcare, pharmaceuticals, airlines, etc.

Our solutions not only help our customers mitigate the compliance risk but also help them in developing a strong compliance and corporate governance culture through training and educating their employees on the relevant policies and procedures.

Tabaq Software also provides bespoke software development services. The development services include application development, application re-engineering, application integration, mobile application development, web 2.0 development, content management systems, project management and complete outsourcing.

To learn more about Tabaq Software, visit www.tabaqsoftware.com.

More information can be found online at http://www.jcomply.com

Compliance Management     fsa regulated     Software as a Service SaaS