SimplyBiz pairs with Comentis on vulnerable client support

The upgrade to its ‘regtech' offering comes ahead of the implementation of Consumer Duty which places greater emphasis on the treatment of vulnerable clients. SimplyBiz also said its latest member survey revealed 44% of respondents had seen an uptick in vulnerable client numbers during the past 12 months. Comentis operates a vulnerability assessment platform which gives firms an extra level of regulatory support when identifying and supporting vulnerable clients. SimplyBiz said it would work with Comentis to analyse and track trends in the vulnerable clients' space, and "deliver gu...