TORONTO, May 1, 2017 /PRNewswire/ --
NexJ delivers deep vertical
customer management solutions for financial services firms that
streamline key processes for industry standards and regulatory
compliance
NexJ Systems Inc. (TSX: NXJ), a provider of enterprise customer
management solutions to the financial services industry, is pleased
to be helping leading financial services firms around the globe
modernize their customer experience while addressing current and
upcoming regulatory requirements
Financial services firms are trying to balance advancing their
digital innovation initiatives and the need to comply with
legislation. With NexJ's deep vertical customer management
solutions, creating a modern customer experience can be achieved
while adhering to the ever-changing regulatory environment.
NexJ has partnered with industry experts to help solve
regulatory challenges, such as the upcoming MiFID II standards and
the General Data Protection Regulation in the EU, which Forrester
Research believes without planning … will become the Achilles' Heel
of a financial services firm's digital agenda. (Forrester Research
Inc., E. Iannopollo, Best Practices For Privacy And GDPR In
Financial Services, March 14,
2017.)
The goal of these partnerships is to help customers demonstrate
compliance, modernize CRM, and deliver a superior customer
experience in a complex and information-heavy regulatory
environment. Examples include a think tank of some of the largest
US wealth management firms who gathered in the autumn of 2016 to
work through the implications of DoL.
Most recently, NexJ entered into a partnership with Andrew Cant, an independent consultant to the
Wealth Management sector. Mr. Cant previously spent 15 years in
Investment Banking, Asset Management and Private Banking at Credit
Suisse in the U.K., focused on workflow and technology-based
solutions, regulatory change and business process change. Mr. Cant
will co-host NexJ's upcoming webinar about the implications of
MiFID II on the U.K. financial services market. Click here to
register for this free webinar.
"Regulatory compliance is a top priority for financial services
firms, but there's no reason for this to come at the expense of
customer experience and business differentiation," says
Bryan Sachdeva, Senior Director,
Financial Services Solutions of NexJ Systems Inc. "NexJ's solutions
incorporate the best practices of today's industry leaders to help
firms demonstrate compliance, while simultaneously innovating on
customer experience and attracting the industry's top talent."
Billions of dollars in highly publicized fines have been levied
over the past several years to firms found in breach of regulatory
requirements. NexJ has been working with firms to deploy innovative
and strategic solutions to pro-actively avoid fines and address
complex compliance regulations across the globe. Firms leverage
NexJ's award-winning enterprise customer management solutions to
establish a comprehensive risk and regulatory-focused view of
customers that also drives a more personalized customer experience.
The solution then drives compliant and efficient front-office
behaviors through its business process automation, by streamlining
key activities like documenting recommendations. All the data is
stored, archived, monitored, and reported on to prove compliance to
regulators.
For example, the private banking division of a major Swiss bank
is using NexJ CPM to eliminate fines and demonstrate compliance
with KYC and AML requirements in the United Kingdom. "It's our unique combination
of technology, expertise in the industry, and great customers that
makes it possible for us to deliver solutions of this magnitude,"
says Richard J. Broley, Chief
Operating Officer at NexJ Systems.
To learn more about the implications of MiFID II on business and
the technology solutions that can help firms meet regulatory
requirements, click here.
To learn more about NexJ's enterprise customer management
solutions, visit http://www.nexj.com
About NexJ Systems Inc.
NexJ Systems provides enterprise customer management solutions to
the financial services industry. Our solutions include
industry-specific customer relationship management (CRM) to enable
collaboration across countries, regions and teams; customer process
management (CPM) for client onboarding with KYC and AML for
regulatory compliance; and customer data management (CDM) to
support digital transformation and customer analytics across the
enterprise. Our solutions integrate information from multiple
systems into a unified view to help firms better understand and
share information about their customers to increase loyalty, drive
cross-sell and improve the customer experience.
Based in Toronto, NexJ has
clients throughout North America,
Asia Pacific and in Europe. For more information about NexJ visit
http://www.nexj.com, e-mail info@nexj.com, or call 416-222-5611.
Join us on LinkedIn, follow us on Twitter, subscribe to our YouTube
channel, like us on Facebook or hang out with us on Google+.
NexJ Forward-looking Statement
Certain statements in this press release may contain words
considered forward-looking statements or information under
applicable securities laws. These statements are based on NexJ's
current expectations, estimates, forecasts and projections about
the operating environment, economies and markets in which the
company operates. These statements are subject to important
assumptions, risks and uncertainties that are difficult to predict,
and the actual outcome may be materially different. NexJ's
assumptions, although considered reasonable by the company at the
date of this press release, may prove to be inaccurate and
consequently its actual results could differ materially from the
expectations set out herein. For additional information with
respect to risks and other factors which could occur, see NexJ's
securities filings with the OSC and other securities regulators.
NexJ securities filings are available on http://www.sedar.com.
Unless otherwise required by applicable securities laws, NexJ
disclaims any intention or obligations to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Matthew Bogart, Vice President,
Marketing, NexJ Systems Inc., +1-416-227-3708,
Matthew.bogart@nexj.com
