Automated monitoring of transactional and Master File data provides 100% assurance to the senior executives and the board that these risks are being managed effectively.
Due to the complexities associated with Conflict of Interest in an organisation, often the monitoring of COI risks is ad-hoc. Methods applied to monitoring are typically manual checks based on a sample of transactions resulting in limited assurance to senior executives and the board. Some organisations have adopted an attestation approach. Whilst this approach can be more automated by the use of electronic questionnaires, it is still not data-driven, leaving responses open to be manipulated to cover up potential COI. Our COI solution delivers automated, continuous monitoring of these risks and 100% peace of mind.
SatoriCOI ensures exceptions are addressed in a timely manner, daily, weekly or monthly. Exceptions that are presented to the business due to an annual review may not be relevant at the time of reporting, making it too late to take meaningful action.
Rather than following up on a potential COI policy breach that happened months ago, SatoriCOI allows you to identify breaches as they happen. This allows you to follow-up immediately and dramatically improves your chances of remediation.
SatoriCOI automatically monitors COI risks within an organisation on a daily basis across multiple disparate data sources. Potential conflicts identified can then be investigated providing 100% assurance to the board that these risks are being managed effectively.
COI risks monitored
SatoriCOI provides management with greater visibility of what departments and teams are doing to resolve and remediate issues that have been raised.
Our customisable case management and workflow engine is a key differentiator to standard exception reporting, providing managers with greater assurance that these potential risks are being addressed.
High-level system performance and identification of areas for control, policy or process improvement summary
SatoriCOI includes server, software, Installation, and maintenance of software.
Implementation of initial tests with configuration of your workflow and visualisation.
Best practice end user training to close exceptions and operation of the solution.
Satori becomes your System Admin Manager and provides daily health checks on the server and data loads.
We work with you on an ongoing basis to refine your tests, ensuring the exceptions are delivering the required outcome.
A realtime overview of what exceptions have occurred, what has been followed up and what is potentially overdue.
We work with you on data quality improvements and new tests to increase coverage or cover gaps on controls.
The Satori Customer Success and Support team are APAC based providing support even through holiday seasons.
”“We created Satori to change people’s behaviour, create a culture where the rules are being implemented…of being mindful with a company’s money and set the tone for the organisation”
Gavin SteinbergCEO
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