back to listings SME Profile: MYRIAD Group Technologies Limited


E: enquiry@myriadgt.com          W: www.myriadgt.com

 

MYRIAD Group Technologies Limited is a technology group based in the City of London that has served the financial services sector since 2004.

We provide fully-configurable technology solutions that span initial client engagement and the management of service providers, extending outwards across banking operations and numerous departments such as legal, audit, compliance, risk and even out to the regulators.  

From Client Onboarding and Lifecycle Management, Due Diligence, through to Vendor and Cost Management, our products address the complete counterparty relationship and all the component parts down to the smallest detail.

We have an excellent track record of delivery to our Clients and they testify that they are able to perform their Vendor, Document, Cost and Data management more effectively, saving them time and money, freeing up resources to concentrate on higher value activities by using our solutions.

 

Our Products

Vendor Management and Governance

MYRIAD delivers first-class organisation and oversight of a firm’s Vendor Network, providing transparent governance, risk management and compliance. Designed to evolve with your business requirements and environment, it will continue to be effective in times of change and reorganisation. At its core is a workflow capability that can manage and report on all operations and data to the most granular level.

  • Data management

    • Relationship mapping
    • Documentation repository and management
  • Performance management and measurement

    • Semi-automated Request for Information engine (for RFP, Due Diligence, etc.)
    • Comprehensive issue tracking and call/meeting report system, including SLA matching and performance grading
    • Service level monitoring, KPI and benchmarking information
  • Automated data capture and archiving

  • Process and control

    • Efficient task routing and sign-off
    • Configurable workflow templates
  • Automated and manual invoice capture

    • Rapid generation and maintenance of complex fee schedules
    • Transparent cost management
  • Full reporting capability

    • Report Templates and intelligence dissemination
    • Ad-hoc and scheduled reporting
    • Store, share and export reports, in multiple formats, via email and in-system
  • Complete management overview

  • Full audit trail of all activity

  • Inter-departmental/company handover and messaging

  • Multi-departmental access with strict user permission controls

Client Onboarding and Client Lifecycle Management (CLM)

Embus is an efficient, comprehensive and cost-effective technology solution to reduce the time it takes to onboard a Client, to enhance the Client experience and to provide transparency throughout the process. It provides you with the tools to manage your Clients effectively, on an ongoing basis, throughout the Lifecycle.
  • Data management and rationalisation
  • Automated data capture and archiving
  • Documentation repository and management
  • Pre-onboarding process - to enhance and facilitate the onboarding process
  • Account-opening process and workflow templates
  • Performance management and measurement
  • On-line, automated Questionnaires engine (KYC/AML, Due Diligence, etc.) with client access.
  • Comprehensive issue tracking and call/meeting report system
  • Process and control
  • Efficient task routing and sign-off
  • Configurable workflow templates
  • Full reporting capability
  • Report Templates and intelligence dissemination
  • Ad-hoc and scheduled reporting
  • Store, share and export reports via email and in-system
  • Complete management overview
  • Full audit trail of all activity
  • ‚ÄčInter-departmental/company handover and messaging
  • Multi-departmental access with strict user permission controls

Due Diligence and Risk Management

CODUDE encapsulates the phrase ‘Collaborative Due Diligence’ and addresses the increasing commercial and regulatory requirements for rigorous Due Diligence. The platform supports the bilateral exchange of information between multiple counterparties in a completely secure sytem, using all types of embedded questionnaires.

  • Questionnaires stored within the system, ready for completion

  • Copying and cloning functionality for completed responses

    • Input responses once only
    • Response storage (indefinite)
  • Addition of supporting documents at any level

  • Export of completed files in several formats

  • In-system messaging between Requestor and Responder

  • Response scoring functionality

  • Tracking of counterparty’s position in the request-response cycle

  • Year-on-year delta management functionality

  • Audit trail generated for the whole process

  • No third-party inspection: data visible only to the Requester and Responder

  • Prompt answer, prompt review, prompt clarification and sign-off

  • Immediate and continuing reduction of workload, year-on-year

  • Reduction in costs generated by traditional email and document-led Due Diligence practices.

 

KEY BENEFITS OF OUR PRODUCTS’ FUNCTIONALITY

Transparency is increased across all functions leading to dramatically improved audit and MIS
Visibility and Maintenance.  Improved by merging multiple sources of information and documentation
Automation.  Reduction of repetitive functions improves efficiency and saves time
Knowledge Management.  A consolidated information repository available across your department or entire organisation
Regulatory Compliance.  Enhanced by deploying workflow for critical processes
Cost Management.  Invoice capture, fees savings models and resource-optimisation enable significant reduction in outlay
Risk Management.  Currency and transparency of data, immediate and accurate reporting to all internal/external auditors and regulators

 

 



 

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