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EY Beyond Consumer Duty

EY Beyond Consumer Duty

by Ernst & Young LLP (USA)

Establishing end-to-end process management within a single system of action under Consumer Duty allows for a unified view of product performance and potential customer harm. This approach helps identify customer vulnerabilities early, reducing remediation costs and facilitating access to new markets.

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First tracked: 2024-10-30 Latest: 2026-09-09 (0 installs)
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About

Without thoughtful coordination and technology, the effort of Consumer Duty compliance can create expensive and manual offline operational support processes without returning business value. By creating end-to-end process management in a single system of action Consumer Duty can bring a unified view of product performance, avoid customer harm, reduce remediation costs by identifying customers' vulnerabilities early on, and increase new market access.

Results/Outcomes:

- **Simplify Compliance.** Bypass data challenges and create end-to-end auditability.​
- **Improve Customer Satisfaction.** Leverage proactive sentiment insight to improve retention and increase market share.​
- **Reduce Support Cost.** Decrease complaints and negative outcomes while removing expensive support inefficiencies​

Key Features

Functional Features:

- Create portals, workflows, and automation to support Consumer Duty processes​
- Connect processes to any data source across the organization​
- Continuously improve user experience with end-to-end process control

 

Technical Features:

- Simplify complex cross-functional workflows with pre-built workflow nodes​
- Leverage ML, AI, and Robotic Process Automation to drive efficient processes​
- Maintain and evolve processes with low-code development

ID: 1093a42c1bb0165093a716db234bcb1f · Updated: Sep 09, 2026