Our team of experts can help in various capacities, including IT consulting, business analysis, project management, system architecture, and more.
The Real Estate Council of Alberta (RECA) had a challenge of quantifying risk measures and prioritizing practice review audits for brokerages in industry. RECA’s Practice Review team ensures the financial and regulatory compliance of brokerage activities, by completing comprehensive practice reviews.
ARC Business Solutions successfully implemented a custom Risk Analysis Tool leveraging Microsoft enterprise tools such as Dynamics CRM, SQL Server Reporting Services and Visual Studio within the myRECA program.
RECA sets the standards for licensees to ensure they’re competent, ethical, professional, and valuable to consumers
Brokers licensed in Alberta are required to submit their fiscal year end accounting reports using the myRECA system. Brokers are also responsible to work with an accountant to deliver the accountant’s report to RECA, when the brokerage has trust account activities. The purpose of the Risk Analysis Tool is to analyze responses on fiscal year end reports and other key performance indicators to quantify a risk score associated with the brokerage to prioritize the scheduling of practice reviews.
This tool assists the Practice Review team on identifying when a brokerage requires a practice review based on key risk elements using fiscal year-end reports, trust accounts activities and the overall growth of the brokerage’s business operations.
3. Development of Custom SSRS Reports for Trust Assurance
4. Testing and debugging
5. Documentation/Implementation Support
One of the essential service management practices with ARC is our Delivery Management Methodology (DMM). DMM is a governance function that oversees all ARC projects from beginning to end, and leverages a defined methodology (standards and best practices) with the objective of completing each and every project successfully (e.g., customer satisfied, on-time, on-budget, high quality, IP created).
The objectives and goals for defining a delivery management practice and methodology is to better enable ARC to:
“We have built a trust-based relationship with the folks at ARC, working with their professionals on different projects over the years “, Stefan Myroniuk, Manager of Information Security and Technology, RECA
Interested in finding out more? Reach out to Michael den Ouden at: firstname.lastname@example.org
Elizabeth Genge is ARC's Recruitment Specialist. She has held this position for 8 years and handles company-wide recruitment needs. Elizabeth is a reliable, hardworking individual who is able to efficiently complete tasks while maintaining a high attention to detail. Contact her if you are interested in joining our team!