Since 2004, eflow has had a clear mission: to help financial institutions meet their regulatory obligations in the most robust and efficient way possible.

To achieve this, we first had to identify why so many firms either struggled to demonstrate their compliance or spent far too much time, effort and money in doing so. We found that for many institutions, their regulatory processes were broken. An over-reliance on spreadsheets and siloed data. Slow, legacy reporting systems that were no longer fit for purpose. Or, an unscalable point of failure in the form of one person ‘who has always looked after compliance’.

Many compliance professionals felt the only way to meet their increasingly complex regulatory obligations was to dedicate significant budgets, teams of people, or countless hours of work to create their own bespoke solution. Surely, the most effective way to solve a problem is to design a product that meets your own specific needs?