onlinecompliance.org Open in urlscan Pro
185.13.246.154  Public Scan

Form analysis
0 forms found in the DOM

Text Content

 * Home
 * About
 * Truths
 * Benefits
 * Sectors
 * Members
 * Model
 * Contact


 * MORE THAN A STANDARD
   
   The Online Compliance Consortium (OCC) is a business model
   designed for a regulated world
   
   ONLINE COMPLIANCE CONSORTIUM


 * COLLABORATE WITH YOUR COMPETITORS — AND WIN
   
   OCC firms pool their resources based on the understanding that there is
   no competitive advantage in compliance
   
    


 * "150 FIRMS HAVE PROVED THAT BY SHARING
   KNOWLEDGE AND RESOURCES WE CAN CREATE
   BETTER SOLUTIONS AT A LOWER COST"
   
   Howard Finger, OCC Founder
   
    
   







 


ABOUT THE OCC


THE OCC COLLABORATIVELY DEVELOPS COMPLIANCE AND RISK MANAGEMENT TRAINING, TOOLS
AND TECHNOLOGY TO THE SPECIFICATIONS OF ITS MEMBER COMPANIES.

TODAY THE OCC REPRESENTS OVER 150 LEADING LAW FIRMS, INCLUDING 60 OF THE TOP 100
UK FIRMS, 8 OF THE TOP 10 US FIRMS AND THE LEADING FIRMS IN BOTH HONG KONG AND
SWEDEN. BY COLLABORATING WITH OTHER FIRMS, OCC MEMBERS BENEFIT FROM THE
EXPERTISE OF THE GROUP, THE ASSURANCE OF ACCURACY AND TREMENDOUS COST SAVINGS.




BASIC COMPLIANCE TRUTHS

OCC FIRMS POOL THEIR RESOURCES BASED ON THE UNDERSTANDING THAT THERE IS NO
COMPETITIVE ADVANTAGE IN COMPLIANCE. BY WORKING TOGETHER, FIRMS CAN DESIGN
BETTER PRODUCTS, ESTABLISH BEST PRACTICE AND REDUCE COSTS.


REGULATORY BREACHES REDUCE
STAKEHOLDER VALUE




COMPLIANCE IS EXPENSIVE
AND TIME CONSUMING




COLLABORATING ON COMPLIANCE
MAKES BUSINESS SENSE




FIRMS DO NOT COMPETE ON
WHO IS MOST COMPLIANT




THE OCC IS FACILITATED BY





THE LEADER IN ONLINE COMPLIANCE SOFTWARE


THE BENEFITS

COMPARED TO BUYING OFF-THE-SHELF OR DEVELOPING BESPOKE SOLUTIONS, THE
COLLABORATIVE DEVELOPMENT MODEL ALLOWS EACH COMPANY TO:

 




COLLABORATE

 * Draw on peer experience
 * Pool knowledge
 * Keep solutions current




STANDARDISE

 * Establish best practice as a group
 * Create assurance in numbers
 * Drive market adoption




SHARE

 * Share financial resources
 * Share people and time
 * Share risk




DEVELOP

 * Develop with VinciWorks
 * Create industry-leading software
 * Custom products at low cost




JOIN THE OCC FIND OUT HOW COLLABORATION CAN ENHANCE YOUR COMPLIANCE

TALK TO US


THE OCC BY SECTOR

THE OCC MODEL WORKS IN ANY REGULATED SECTOR WITH A HIGH COST OF COMPLIANCE. JOIN
A CONSORTIUM IN YOUR SECTOR TO BENEFIT FROM THE POOLED RESOURCES OF
COLLABORATION.

    Join now


LEGAL

    Join now


FINANCIAL

    Join now


ACCOUNTING

    Join now


INSURANCE


OCC FOUNDING MEMBERS

IN 2004, THESE 14 LEADING LAW FIRMS FORMED THE OCC TO JOINTLY SOLVE THE PROBLEM
OF THEIR MANDATORY AML TRAINING REQUIREMENTS. THEY WERE CONVINCED THAT THE ONLY
WAY TO CREATE TRAINING THAT WOULD WITHSTAND REGULATORY SCRUTINY WAS BY WORKING
TOGETHER. IT WAS DEFENCE IN NUMBERS. ANY FIRM COULD TELL THE REGULATOR THAT 13
OTHER LEADING FIRMS WERE USING THE SAME TRAINING.




THE BUSINESS MODEL

HOW THE OCC MODEL WORKS

PLANNING

A company expresses a need or a compliance problem to VinciWorks and the seeds
of a new core group are planted. VinciWorks approaches other companies in the
sector to determine whether there is common interest in a solution. VinciWorks
organises a meeting to determine high-level specifications for the product.

EXECUTION

A group of firms agree to actively participate in ongoing meetings and advise
VinciWorks on product details. The VinciWorks team manages the project and
creates the solution in close consultation with the group. Firms who participate
in the core group benefit from enhanced access to the development team and the
ability to add features that they require. The combined investment in
intellectual as well as financial resources by all Core Group firms ensures that
the solution is of the highest quality in terms of practical requirements,
reduces the risks one firm takes in trying to develop a solution independently
and reduces the cost to each individual firm.

MAINTENANCE

The finished solution is tested and then implemented by the Core Group firms,
and the tested and approved solution is offered to other firms at a licence fee
determined by the Core Group. Uptake by the Core Group and other OCC firms
establishes the new solution as an industry standard, while the Core Group
remains responsible together with VinciWorks for enhancing and maintaining the
solution.


JOIN THE OCC FIND OUT HOW COLLABORATION CAN ENHANCE YOUR COMPLIANCE

TALK TO US


THE OCC BY THE NUMBERS

10+ YEARS
140+ FIRMS
80k+ USERS
60+ COUNTRIES


TESTIMONIALS

> One of the strengths of VinciWorks is facilitating the collaborative process.
> By collaborating, the core group benefits from peer expertise, and thereby
> produces better solutions that achieve our mutual compliance goals and
> importantly does so at a lower cost.

Guy Powell, Hogan Lovells

> I highly value the opportunity to work collaboratively with my peers from
> other leading firms. By sharing knowledge, experience and resources, we are
> able to produce better solutions and establish best practice.

Che Odlum, DLA Piper

> People are often surprised that we managed to persuade so many major law firms
> to collaborate and agree on a single draft but we had very senior people
> working together who realised the seriousness of falling foul of the
> legislation.

Nick Cray, Hogan Lovells
 1. 
 2. 
 3. 


ABOUT US

The OCC collaboratively develops compliance and risk management training, tools
and technology for the world's leading firms.

Today the OCC represents over 150 leading law firms, including 60 of the top 100
UK firms, 8 of the top 10 US firms and the leading firms in both Hong Kong and
Sweden. By collaborating with other firms, OCC members benefit from the
expertise of the group, the assurance of accuracy and tremendous cost savings.

The OCC applies a methodology that is designed to satisfy regulatory
requirements whilst meeting the specific needs and quality standards of the
world's leading firms.

Facilitated by VinciWorks, the OCC has established itself as the benchmark for
professional compliance solutions.




CONTACT US

Elsley Court, 20-22 Great Titchfield Street
London, W1W 8BE United Kingdom
Phone: +44 20 8815 9308
Email: info@onlinecompliance.org

© 2015 Online Compliance Consortium. All Rights Reserved.