RegTech insights: Innovative information processes in digital quality and compliance management

DHC Business Solutions GmbH & Co. KG announces the successful completion of the “digiCOMP” research project. An innovative solution for information management within the framework of digital quality and compliance processes was developed and tested. The new “information logistics” approach provides accurate and reliable data for management decisions.

The Saarbrucken-based RegTech company DHC Business Solutions has successfully completed the research project “digiCOMP – Digital Compliance Management through Information Logistics”. The focus was on technological solutions for regulatory-compliant management and control of information created within the framework of digital quality processes. In particular, the focus was on intelligent technological options for analyzing the individual decision-making context of, for example, a quality manager and presenting the results for the specific role and function, sorted by topic and prioritized. The result of the project is a prototype solution for digital quality and compliance management that guarantees a reliable and targeted flow of information. It thus provides a secure data basis for quality-relevant decisions. The new “Cognitive Search” engine is to be transferred to the digital quality management system DHC VISION in the coming months.

We are aware of the business-critical importance of secure information processes in a regulated environment,” explains Dr. Wolfgang Kraemer, Managing Director of DHC Business Solutions. “In this respect, it was an exciting task for us to develop a new approach for functioning ‘information logistics’. The research and development work was carried out in the “RegTech InnoLab” of DHC Business Solutions, the company’s own incubator for innovative technology solutions for regulated companies.

The “digiCOMP” project was funded by the Central Technology Programme Saar (ZTS) and the European Regional Development Fund (ERDF). “The ZTS opens up a very good experimental field for new ideas for which day-to-day business does not leave enough room,” emphasizes Kraemer.

Further research and development projects are currently underway at “RegTech innoLAB” and additional proposals are currently being reviewed. For research and development projects, DHC Business Solutions also cooperates with partner companies and research institutes. Thus, research excellence and technical expertise from different domains come together in a dynamic innovation network.

About DHC Business Solutions

DHC Business Solutions with headquarters in Saarbrucken and offices in Freiburg, Berlin and Rzeszów is one of the leading providers of software solutions and consulting services for quality and process management as well as governance, risk and compliance in German-speaking countries. Numerous companies use DHC VISION as a management system to comply with the increasing requirements of quality standards and norms as well as legal requirements. Simple, Smart and Small are the central design elements of DHC’s solutions and services to efficiently meet the increasing complexity.

Further information on DHC Business Solutions is available at: http://www.dhc-vision.com/EN