SMCR Software

Xactium's Cloud-Based Solution for the Senior Managers & Certification Regime
SM&CR-Software

As a leading provider of modern, cloud-based Governance, Risk and Compliance solutions to FCA regulated organisations, Xactium has created an integrated solution for the Senior Managers & Certification Regime (SM&CR) into its suite of applications.

Xactium has extended its cloud-based compliance application to include full support for the end to end SMCR process. This includes being able to capture all the relevant functions and responsibilities which apply across the organisation.

Key benefits of Xactium's SMCR software solution

  • Get access to ‘one version of the truth’ with our centralised and detailed management of Senior Management Functions (SMFs) and Prescribed Responsibilities.
  • Create and share detailed Responsibility Maps within your organisation.
  • Easy to follow workflow allows senior managers to view and approve all responsibilities and functions assigned to them by the organisation.
  • Assign risks and actions related to specific Prescribed Responsibilities and track their progress.
  • Powerful reporting and dashboard tools make it easy to produce reports on approval status, assignment of responsibilities and for identifying shared responsibilities.
  • Easily produce a variety of documents that set out the firm’s management and governance arrangements, with a click of a button.
  • Generate branded certificates as part of the Certification Regime

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Responsibility-Map

Responsibility Maps

Create visual and interactive responsibility maps of positions responsibilities, functions and governance structures, such as committees, throughout your organisation ensuring that there are no gaps in accountability.

It is also possible to create and share multiple versions of a Responsibility Map.

 

smcr-hub

SMCR Hub

Each senior manager can access their own SMCR hub, within the Xactium system, allowing them to review and approve all their key responsibilities and functions as assigned by an organisation.  

Workflow Automation

Workflow Automation

Powerful document, task management and workflow automation capabilities are also provided within our SMCR software allowing you to set reminders, track completion of specific tasks, attach documents and share notes with other users.

Reporting-and-Dashboards

Dashboards and Reporting

Xactium’s powerful reporting and dashboard tools make it easy to produce reports on the organisation governance from all sorts of perspectives.

Track the approval status or assignment of responsibilities and identify shared responsibilities all in one convenient place. 

Customise your dashboard to show information relevant to you. 

 

 

Document-Generation

Generate Documents

By using Xactium to capture all this information in one place, organisations benefit from having access to ‘one version of the truth’. This in turn provides the capability to produce a variety of documents within the software that set out the firm’s management and governance arrangements, with one click of a button.

The flexibility of the document generator means that a wide variety of formats can be configured, along with branding. These documents provide an overview of the allocation of responsibilities across a firm and can be shared directly with the regulator. 

 

Certification

Create Certificates

Certificates can be produced simply and easily. Data taken from the individual’s record is used to produce a standard certificate in a word document. The signed copy can then be imported back into the system to be referenced. 

Easily manage the certification of senior managers by being able to track individual persons, their certification status as well as track all the relevant steps required to perform certifications.

GRC-Product Suite

Part of our integrated GRC product suite

Our SMCR application makes up part of our Xactium Compliance platform, which can also be linked up to data within our risk management and audit applications, providing an advanced level of operational oversight for your business, alongside a fully integrated GRC solution. 

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Request an Xactium SM&CR demo

Find out how the Xactium Senior Managers and Certification Regime solution can help your business tackle the new rules and regulations being enforced.

 

Download our SMCR Brochure Now

Our SMCR brochure presents a more in depth look into the software product features, as well as further integration into a wider GRC solution.

Senior managers face scrutiny as SM&CR sweeps in.

The clock is ticking as many prepare for the FCA’s Senior Managers and Certification Regime (SM&CR), which is poised to be hugely influential in terms of its impact on firms’ culture and operations.
Read more

Xactium Compliance

Find out how Xactium's intuitive Compliance management software, and what it can do for your organisation.
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