Integrated Solutions
Obligation Management Solution
Unlocking compliance excellence: Ashurst's practical, reliable and simplified solution
Navigating the complex compliance landscape with an innovative solution
At a time of rapid regulatory change and increased scrutiny, organisations today are faced with the challenge of navigating a complex compliance landscape.
As regulatory demands continue to accelerate, staying ahead requires a proactive and tailored approach to risk and compliance management – that's where we can help.
Ashurst’s Obligation Management Solution (OMS) is a comprehensive obligations register, tailored specifically to focus only on what’s relevant to your organisation’s business activities. Using easy-to-understand language, our innovative OMS offering is designed to be used as the foundation for your organisation’s compliance management framework and can be seamlessly integrated with existing Governance, Risk and Compliance (GRC) platforms.
With ongoing monthly maintenance, regular updates on regulatory reforms and access to our help desk, you can have peace of mind knowing that Ashurst’s OMS offering is backed by the expertise of our legal, New Law, and risk and compliance professionals.
Interested in learning more?
Discover our Obligation Management Solution
Tailored and relevant
OMS delivers a tailored obligations solution, designed by expert lawyers, which outlines the specific obligations relevant to your business and offers a help desk for expert assistance. This gives you peace of mind that you have all the bases covered, without the distraction of irrelevant obligations.
Expertly designed
Designed by experts with deep operational experience, OMS brings a comprehensive solution to help manage regulatory compliance. The solution includes compliance guidance, materiality ratings, a business taxonomy, reportable situations overlay, and easy integration with your compliance management system, framework and tools.
Forward looking
We proactively monitor both current and future obligations, keeping you up to date with an eye on the horizon. This proactive approach delivered through a monthly update, together with our RegRadar publication, helps to ensure you stay ahead of the curve – preparing you for upcoming regulatory changes.
Simple and easy to understand
Easy to use and understand with simple, plain English language and specific, segmented and detailed information, making compliance accessible.
Latest thinking
Carousel: clicking the "Previous" or "Next" button changes the content between the buttons.
-
Business Insight 
Customer Data: Are you managing the risks to reap the rewards?
25 Jul 2024
Discover more -
Business Insight 
FAR from BEAR - Make sure you comply with the Financial Accountability Regime (FAR)
07 Jun 2024
Discover more -
Business Insight 
The perils and pitfalls of managing compliance obligations
09 May 2024
Discover more -
Business Insight 
Are you future proof? How to keep on top of a rapidly changing risk and compliance landscape
05 Apr 2024
Discover more
Challenging the status quo
The OMS team - partners Morgan Spain, Samantha Carroll, Chris Baker and Nathan Bellgrove - share how our innovative solution addresses the challenges of obligations management.
Read moreAshurst Risk Advisory LLP is a limited liability partnership registered in England and Wales under number OC442883 and is part of the Ashurst Group . Ashurst Risk Advisory LLP services do not constitute legal services or legal advice, and are not provided by qualified legal practitioners acting in that capacity.
Ashurst Risk Advisory LLP is not regulated by the Solicitors Regulation Authority of England and Wales. The laws and regulations which govern the provision of legal services in other jurisdictions do not apply to the provision of risk advisory services. For more information about the Ashurst Group, which Ashurst Group entity operates in a particular country and the services offered, please visit www.ashurst.com.
Frequently Asked Questions (FAQs)
Ashurst’s Obligation Management Solution (OMS) is a comprehensive obligations register, tailored specifically to focus only on what’s relevant to your organisation’s business activities. Our OMS helps organisations understand their current and future compliance obligations by drawing on the combined expertise of our legal and risk advisory teams and is supported by our NewLaw capability.
The Obligation Management Solution (OMS) is tailored specifically to an organisation’s business activities providing end-to-end oversight over current and future obligations. It is currently being used across highly regulated industries, including banking, superannuation, wealth management, insurance and retail energy.
Our team of legal, risk and compliance experts work closely with you to identify the full scope of your obligations, ensuring that OMS captures only what’s relevant to you. This means the scope of the obligations covered by OMS will vary from organisation to organisation.
Ashurst’s OMS offering is backed by the expertise of our legal and risk advisory teams, supported by our NewLaw capability and regularly maintained on a monthly basis. All obligations are settled by practising legal partners who are experts in their respective areas and are reviewed by regulatory risk and compliance experts with a practical lens.
All updates to the register undergo robust quality assurance processes providing you and your Board with peace of mind and legal assurance that all bases are covered. OMS also features a detailed change register, which provides important information and tracked changes for new, removed or updated obligations. Other key features include segmented obligations to avoid duplication, subject matter categorisation and compliance guidance. It is currently being used by organisations within highly regulated sectors, including banking, superannuation, wealth management, insurance and retail energy.
The Obligation Management Solution (OMS) is intended to supplement, rather than replace, existing Governance, Risk & Compliance (GRC) platforms to provide a more comprehensive approach to compliance management. Ashurst’s OMS offering helps organisations understand which obligations are relevant to them based on their business activities, whilst GRC platforms are used to formally structure governance, risk management and regulatory compliance processes within an organisation.
While our OMS offering can be seamlessly integrated with existing GRC platforms, you do not require one to be able to use OMS within your organisation.
Clients of Ashurst’s Obligation Management Solution (OMS) are provided with an exclusive subscription to RegRadar, a monthly publication produced by our legal, risk and compliance experts. RegRadar provides detailed insights on recent regulatory activity, a forward-looking analysis and 12-month regulatory calendar – it's a one-stop shop for regulatory intelligence!
