CEOs: Automate Product Governance & Conquer Consumer Duty
by Leica Ison
Are you a CEO or leader wrestling with Consumer Duty mandates and the burden of manual product Lifecycle governance processes? Skyjed offers an innovative Product Management solution designed to streamline your operations and ensure compliance.
The product landscape is evolving rapidly. Consumer Duty mandates raise the bar for fair treatment and transparency. Now, more than ever, CEOs and leaders need a strategic approach to product governance. But manual processes and siloed data create a compliance burden that hinders agility and innovation.
This is where Skyjed emerges as a game-changer. Our Product Management solution automates key governance tasks, empowering product teams to focus on delivering exceptional customer experiences.
Beyond Automation: Building a Best-in-Class Governance Framework
Skyjed goes beyond automation – it fosters a culture of product excellence through several key best practices:
Skyjed centralizes and automates product governance, offering a single source of truth for all product data and reviews. This translates to:
- Reduced Risk & Enhanced Consumer Protection: Align your product management processes with Consumer Duty requirements, ensuring fair treatment of customers.
- Effortless Collaboration: Foster seamless teamwork through a collaborative platform for product design, review, and approval, including customer content.
- Boost Efficiency with Automation: Eliminate tedious manual tasks with no-code automation for core product and governance review processes.
- Tailored Solutions: Define and manage review parameters & create custom templates for different product types (e.g., mortgages vs. savings).
- Actionable Insights: Gain complete visibility into your product lifecycle with centralized dashboards and task management tools.
- Data-Driven Decisions: Leverage data integration capabilities to ingest product information from multiple sources for comprehensive reviews and risk assessments.
- Future-Proof Scalability: Accommodate any size team and product portfolio with a solution built for scalability and security.
Skyjed empowers you to:
- Define & Edit Review Parameters: Set the criteria for product reviews, tailoring them to specific product classes.
- Pre-Built & Bespoke Templates: Utilize pre-built templates for product reviews and risk assessments, or customize them for your needs.
- Collaborative Workflows: Assign tasks and track progress with user groups and action management features.
- Centralized View: Track work-in-progress, overdue tasks, and upcoming activities across your entire organization.
- Configurable Processes: Empower authorized users to define and edit workflows as your business evolves.
- Detailed Audit Trails: Maintain a clear audit trail for all approvals and changes, ensuring transparency.
- Data Powerhouse: Integrate data from various sources in real-time or at regular intervals for a holistic view during reviews.
- Reporting & Compliance: Generate MiFID II compliant reports for regulatory requirements.
- Granular Access Control: Secure your data with role-based permissions for users across administrative, creation, editing, and reporting functions.
- Unlimited Potential: Skyjed scales seamlessly with your business needs, supporting countless users, products, and audit trails.
- Multi-System Integration: Integrate with your existing systems through APIs and file-based solutions to streamline data exchange.
Let Skyjed be your partner in achieving Consumer Duty compliance and building a robust product governance framework.
Request a demo today and discover how we can transform your product management practices! Investing in Skyjed is an investment in the future of your product management practice.
Watch this 1 minute Explainer Video
Ready to learn more? Request a demo today and discover how Skyjed can transform your product governance and empower your product teams to excel.