Philosophy

Imagine building a skyscraper with most skilled ironworkers, contractors, electricians, state-of-art materials and equipment, but no architectural (“blueprint”) or guidelines. The lack of a master plan to combine the individual efforts of each group member would result in an insufficient or inefficient utilization of resources, which would result in increased costs, as well as an inferior structural outcome. At BRC, we believe this concept applies when establishing a successful compliance program. Constructing a sound compliance program begins with the proper blueprint and qualified compliance experts to architect and apply solutions to reduce risk for each organization. BRC specializes in architecting solutions for compliance through its abilities to identify, mitigate and assist organizations in managing “Risk”.

Unlocking the Keys to “RISK” – Regulation, Interetation, Strategy, Knowledge

BRC’s knowledge of the regulatory blueprint, expertise, and insight, enable us to effectively assist our clients in constructing compliance programs that minimize regulatory risk and increase efficiency and profitability. BRC’s keys to architecting solutions for risk and designing customized compliance programs include its ability to incorporate what it views as the four (4) pillars that comprise risk:

REGULATION – Various State, Federal and Self-Regulatory Organizations’ rules and regulations govern the overall business activities conducted by financial institutions. Architecting an appropriate compliance program requires a proper evaluation of the regulatory framework that is applicable to each organization’s structure and specific business activities.

INTERPRETATION – Misinterpretations of regulatory requirements are one of the primary factors that exposes organizations to greater regulatory scrutiny. Architecting customized compliance solutions requires the ability to properly interpret regulatory requirements and guide related expectations through direct regulatory experience.

STRATEGY – To properly develop customized compliance solutions, it is critical to organize the proper architectural plan specific to the business activities and risks of each organization.

KNOWLEDGE – The ability to understand regulatory requirements often enables organizations to properly assess risk and poorly constructed compliance programs. In order to create and implement such a customized plan, it is essential to adequately understand and apply the examination methodologies utilized by regulators.