“We are now in a position where we can meet and exceed regulatory requirements in terms of the information we pass onto clients via Compass. The FCA demands that we provide quarterly reporting and an annual custody statement. However, the information we provide via Compass goes well beyond that, while …

“The idea is to provide a single look and feel to a wider range of back office administration functions like this one. With the use of this new insulation layer, we can upgrade and improve back office systems in the background, without disturbing our clients’ experience of the front-end tools …