Financial Services Payroll Management

Financial Services Payroll Management

IRIS FMP provides support to some of the leading businesses in the Financial Services world – Banking, Finance, Insurance, and Investments.

For organisations in financial services with monthly payrolls potentially running into millions of pounds, errors are not only expensive but can have a very damaging impact on employee relations. We provide financial services payroll support to some of the leading businesses in the Financial Services world, and have experience and knowledge of Banking, Finance, Insurance, and Investments sectors.

Specific requirements for financial services payroll or companies with highly regulated environments can include:

  • Visibility of information
  • Compliance to strict legislation
  • Bespoke reporting requirements
  • Robust payroll processes
  • Management of information
  • Stringent data protection requirements
  • Pension reform administration and third party guidance
  • Central and secure data storage
  • Knowledge of FCA and regulatory compliance and other industry changes
Financial stocks portraying financial Payroll Solutions Specialists

At IRIS FMP, we have significant experience in dealing with all aspects of payroll management in the financial services sector, not only in the ‘Square Mile’ but throughout the UK.

Our expertise will help save you time and resource within your financial services payroll, and add business efficiencies to the process. More importantly, we understand that payroll can be an emotive subject with staff. We’ll ensure that they’re paid accurately, on time, every time, providing professional support to help guide you with your employee payroll queries.

In an age where legislation is constantly evolving, data protection is critical and security is essential. Our encrypted data systems ensure that you have rock solid data security.

Your payroll is in safe hands

If you run a business in the financial services industry and are looking for payroll solutions, speak to us today

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Benefits of Outsourcing Financial Services Payroll

team

Access an award-winning team of payroll experts

legaslative cost

Avoid costly penalties

save money

Reduce your costs associated with training and payroll infrastructure

cost-effective

Auto-enrolment included

growth

Save focus and become even more efficient

40+

years’ experience

135

countries of operation

2,200+

clients, and counting

£1.9bn

in BACS transactions

Meeting FCA regulations

Financial services payroll has also been affected by the new reports required for the Financial Conduct Authority (FCA) in response to the Alternative Investment Fund Managers Directive (AIMFD) which caps the bonus to salary ratio.

We provide the information needed to support the in depth AIFMD reports revealing the split between basic and variable pay in each individual’s overall remuneration package.


See what our clients say about us

Kew Insurance Services

“We just wanted to say that we receive an excellent service from Gary Ludlow (our dedicated payroll manager at Gatwick). Nothing is too much trouble for him, and he assists us greatly with his prompt, efficient service. He is an asset to your company.”
Angele July / David Boynette, Directors – Kew Insurance Services Ltd.

MASECO Private Wealth

“The service which we have received from IRIS FMP has been outstanding. The initial set up was seamless as was the transfer of data – which gave us immediate confidence in the future of the system and in IRIS FMP as a supplier.”
Claire Izzard, Office Manager, MASECO Private Wealth