Nirio applies deterministic checks to suitability reports against selected FCA COBS and Consumer Duty evidence themes, surfacing Priority Review Actions so reviewers can focus on the areas most likely to need attention.
Designed for
The challenge
Firms are under increasing pressure to evidence quality, consistency and good outcomes. Manual processes are reaching their limits.
Each suitability report can take 30–60 minutes to review against evidence expectations. Multiply that across hundreds of files per quarter.
Sampling helps manage workload, but it can leave important evidence gaps unseen.
Different reviewers apply different standards. What one flags, another may miss. Consistency is hard to maintain at scale.
Weak rationale, missing alternatives, unclear capacity-for-loss evidence — often discovered only after sign-off or during regulatory scrutiny.
Reports go back and forth between advisers and reviewers. Each cycle adds cost, delays advice delivery, and frustrates teams.
Higher expectations around evidencing client understanding, foreseeable harm and good outcomes. Firms need to demonstrate they've considered client-specific circumstances consistently.
What Nirio does
Nirio surfaces potential evidence gaps and inconsistencies in suitability reports, giving reviewers clear Priority Review Actions before sign-off.
Drop in a suitability report — upload a file or paste the text directly. No reformatting needed.
Nirio applies structured checks against selected FCA COBS and Consumer Duty evidence themes. Rule-based, repeatable, and designed for reviewer oversight.
See what potential evidence gaps, weak rationale, and missing linkage have been identified — with supporting excerpts from the report.
Use the working draft area to collect improvement wording and actions. Address gaps before the report leaves your desk.
Beyond a single report
Suitability evidence often spans more than one document. Alongside single-report checks, Nirio is piloting case-level consistency review — helping reviewers spot where facts may differ across a fact-find, risk assessment and suitability report, with supporting excerpts for human judgement. This does not issue a suitability or compliance verdict.
Evidence themes
Deterministic checks against selected FCA COBS and Consumer Duty evidence themes. Each check surfaces potential gaps with supporting excerpts from the report.
Checks whether the report links the recommendation back to the client's specific objectives, circumstances and needs.
Identifies whether alternative options have been addressed and evidenced, including why they were discounted.
Reviews whether capacity-for-loss evidence is present, client-specific, and clearly articulated.
Checks for evidence that the client understands the recommendation, associated risks and implications.
Assesses whether cost disclosure is present, clear, and linked to the value of the advice provided.
Looks for evidence that material risks, disadvantages and trade-offs have been communicated and documented.
Verifies that the client's personal and financial circumstances, knowledge, experience and objectives are reflected throughout.
Nirio checks against selected evidence themes. It does not claim full FCA COBS coverage and does not confirm that advice is suitable.
Workflow
Five steps from report upload to reviewer-ready output. Controlled, auditable, and designed around your existing review process.
Drop in a suitability report file or paste the text directly. Nirio accepts standard report formats.
Use optional structured inputs to provide key facts such as investment amount, withdrawals, income and expenditure for additional quantified checks.
Nirio generates reviewer-facing Priority Review Actions, highlighting potential evidence gaps with supporting excerpts.
Use the working draft area to collect improvement wording. Address gaps, strengthen rationale, and tighten evidence.
Re-run checks after amendments to see whether evidence gaps have reduced. Export findings for internal review records.
Philosophy
Nirio is a support layer, not a replacement. It helps reviewers identify potential evidence gaps more consistently — but every compliance decision stays with the qualified professional.
"Deterministic checks. Reviewer-facing actions. Human sign-off. That's the model."
Nirio applies structured, rule-based checks — not probabilistic language models. Checks run as structured rules on report text — consistent, repeatable, and designed for reviewer oversight — not as an AI system that drafts or approves advice.
Every Priority Review Action is presented for human assessment. Nirio does not approve reports, score suitability, or make compliance decisions.
Supporting evidence excerpts are shown alongside each action. Reviewers can trace what was flagged, why, and what the report actually said.
Who it's for
Whether you review five files a week or five hundred a month, Nirio helps you work more consistently and surface issues earlier.
Reduce time per file review. Get structured actions instead of re-reading every paragraph for evidence gaps.
Catch evidence weaknesses before reports reach compliance. Improve first-time pass rates and reduce rework cycles.
Increase review consistency across the firm without adding headcount. Evidence that your process is working, not just assumed.
Support multiple IFA firms with a consistent review support layer. Reduce manual effort per engagement.
Handle high-volume file reviews with more consistency. Focus experienced reviewers on complex judgements, not routine checks.
Nirio is available for controlled walkthroughs, feedback sessions, and limited pilot discussions with firms and reviewers using sample or sanitised reports.
We’re working with early reviewers and firms to refine the workflow and evidence checks. Practical integrations — including Xplan connectivity where environments allow — are part of that roadmap.
See how reviewer-facing evidence checks work against a sample or sanitised suitability report.
See Nirio in action with a guided walkthrough. We'll run a sample report through the system and show you Priority Review Actions in real time.
Book a walkthroughGet controlled access to Nirio using your own sample or sanitised report. See what it surfaces for your specific review process.
Want to evaluate before committing time? We can share a sample Priority Review Actions output so you can assess relevance and quality.
Or reach us directly at hello@nirio.ai
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