Thursday, 04 May 2023
“(Consumer Duty) sets higher and clearer standards of consumer protection across financial services, and requires firms to put their customers' needs first.”
The new rules for Consumer Duty come into force soon (31 July). Our recent research shows that many firms are progressing well in meeting the deadline.
However, if you are experiencing challenges within your Consumer Duty change project, a bethebrand system can help:
Here are some of the key considerations in looking at how your bethebrand system can support your Consumer Duty change project:
Thursday, 04 May 2023
Perhaps the first and most common issue bethebrand sees in supporting clients obtain the right digital asset management solution for their financial services business is expiration dates.
Without a financial services specific Digital Asset Management Solution driving a process to keep on top of expiration dates, keeping on top of them is simply a matter of human will. In financial services, not managing expiration dates represents a significant risk as out of date compliance assets may continue to be used.
With bethebrand, the Solution configuration can be set-up so that asset expiry is managed:
If you would like to master marketing asset expiration for your organisation contact Chief Executive Adam Hainsworth at email@example.com.
Tuesday, 02 May 2023
In our continuing series examining the possibilities of how you can configure and utilise the bethebrand system, this time we are looking at how bethebrand can help you utilise assets most effectively in terms of time and marketing resources. In other words, how you can spend less time on traffic control and more time on value creation.
If great marketing starts with inspiration, then it is perspiration that makes it come to life. Solid project management is a core skill in a busy marketing department. Without the right tools, the 'crosstown traffic' of emails, meetings and conversations can cause congestion and create errors and omissions risks.
If marketers can become more operationally efficient with the help of the right tools, they can spend more time looking forward than having to look down. The ratio of time spent on admin against value creation can then permanently swing in the right direction.
Once an asset is signed off and ready to be set to work, the bethebrand system will also get to work:
Let's look at channel distribution in a little more detail, as an example.
Post check in, it's possible for an owner to send a deliverable to different channels, at the same time, for them to take the appropriate action e.g. upload to the website, etc. Here's a sample workflow to show you what we mean:
The job owner will select which channels the deliverable should be sent to, ensuring users are assigned to each channel before the deliverable is sent. The channel roles are entirely configurable to a particular business.
The channel will then confirm that the appropriate action has been taken, with evidence if applicable, to ensure the audit trail is complete.
This system enhanced approach delivers speed without complication, an audit trail of end-to-end asset management activities and acts as an important compliance risk management tool.
If you would like to unlock the potential of brand management for your organisation contact Chief Executive Adam Hainsworth at firstname.lastname@example.org.