Introducing Close-the-Loop Coaching

SeeEverything, a global provider of performance improvement and compliance management solutions for the banking industry, announced the launch of an innovative solution named Close-the-Loop Coaching. The new solution helps financial institutions significantly reduce compliance issues while minimizing the burden of compliance on scarce testing resources and frontline teams.

“We are very excited about the release of this major platform functionality for our banking customers,” said Randy Ross, CEO of SeeEverything. He continued, “Frontline teams drive growth but they are also a major source of operational risk. 75-85 percent of non-financial compliance issues like KYC deficiencies, AML violations, or credit risk are attributed to human behavior or knowledge gaps. SeeEverything Compliance with the new Close-the-Loop Coaching solution enables effective collaboration between compliance and frontline teams. And it helps minimize compliance issues by coaching to skill gaps and discovering root causes."

The results from early adopters of the SeeEverything Close-the-Loop Coaching are impressive, reducing repeat issues 3x more effectively:

  • Without Close-the-Loop Coaching, compliance issues repeat 45% of the time

  • With Close-the-Loop Coaching, compliance issues repeat only 15% of the time

To learn more about the SeeEverything Compliance with Close-the-Loop Coaching, click here to view the infographic.

Philip W