The Safeguarding Control Centre turns safeguarding from a periodic exercise into a daily controlled process. You connect banks, custodians and internal sources, through Open Banking across more than 5,000 banks or through API and SFTP for any other system. You then define your regulatory scope, add your bank and ledger accounts and record your counterparties. From that point the platform calculates your safeguarding position every day, across all currencies, against regulatory requirements and the tolerance thresholds you have set. Where a surplus or deficit appears, a case is raised automatically with its audit trail attached. Breaches can be escalated and linked to the CASS controls they affect, and FCA notifications are recorded centrally.

Reviewing the safeguarding process end to end shows you where evidence actually lives. Under CASS 15 the obligations are continuous rather than periodic: daily reconciliation of relevant funds, a monthly return to the FCA, an annual audit by a qualified auditor and a resolution pack retrievable at short notice. A process review tests whether each of those can be evidenced on demand rather than assembled when asked. Three things usually come out of it. Firstly, gaps in data coverage become visible, including sources that arrive inconsistently. Secondly, controls without documented policies behind them are identified. Thirdly, the path from data load to reported figure can be traced, which is what an auditor will ask you to demonstrate.