Integrated software platform
HCOB says goodbye to silos
As part of this transformation, the Hamburg-based bank sought a comprehensive software platform capable of centrally handling existing and future compliance needs holistically, via a single provider. Another priority was to minimize the degree of customizing – the greater the level of standardization, the more scalable the IT solution would be going forward.
“We kept to the standard as far as possible to get a solution up and running faster”, says Dr. Michael Sendker, Head of the Compliance Digitization Project at HCOB.
“We just had to put our foot down!”
HCOB chose the ACTICO Compliance Suite partly because of the numerous best practices from the financial sector. “As only one of two providers, ACTICO covers all the functions we need in an all-inclusive software solution,” Dr. Michael Sendker recalls. “Coordinating a single provider, rather the six we used to have, makes for much easier communication and fewer errors.”