Utilizing Compliance Technology: a Cost-Benefit Analysis
Traditionally, compliance processes have been managed manually, however, with the rapid advancement of technology, many organizations are now considering the adoption of technology-driven solutions.
What is Compliance Technology
Compliance technology is leading the way to a modernized approach to a previously manual process. Compliance technology consists of compliance management software designed to protect data, centralize documentation, automate workflows…
Leveraging the Power of Technology in Compliance Services
The integration of compliance technology, known as CompTech, is a fast growing practice that advisors and compliance officers alike can benefit from.
Why Compliance is Crucial to Your Financial Services Business
Following regulatory guidelines and industry standards ensures operational integrity, reputation, and longevity in the financial services business. Specifically, maintaining compliance can reduce risks, boost efficiency, maintain knowledge, build trust, and protect consumer interests.
Understand Compliance in the Financial Services Industry
Compliance is an important buzzword within the financial services industry. Fortunately, we are here to help you understand financial compliance, and why it is important, in the easiest way possible. At its core, compliance refers to the adherence to regulations, laws, guidelines, and standards set forth by governing bodies and authorities to ensure the integrity, […]
The SEC’s proposed vendor due diligence rule
On October 26, 2022, the Securities and Exchange Commission proposed new oversight requirements for certain services outsourced by Investment Advisers. https://www.sec.gov/news/press-release/2022-194 The new rule proposal would prohibit registered investment advisers from outsourcing certain services and functions without conducting due diligence and monitoring of said service providers. The outsourcing focus is on areas such as: Outsourced Compliance […]
Video Overview
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