Why looking to Regulation Technology (RegTech) to support your FINRA, SEC, and FinCEN surveillance and oversight requirements is now a must-have.
The daily analysis of clearing, order management, and custodial system data to support regulations and compliance policies is onerous and prone to error. Having a rules-based technology platform to evaluate your data automatically relieves compliance and supervisory personnel of the burden of sifting through pages of transactions or examining investor account positions for possible issues. More importantly, having RegTech in place allows firms to evidence supervision and quickly respond to regulators' requests.
Recent guidance from FINRA requires advisors and broker-dealers to enhance their written supervisory procedures and policies. However, for many firms, relying on spreadsheets for account and trade analysis isn’t enough and sometimes may only complicate the process.
Timothy Welsh, will be joined by Martin Orbach & Shahyan Aly of SS&C Technologies, as well as leading financial advisors to discuss:
- Monitoring of your employee trades in accounts held away
- Managing outside business activities, gifts and entertainment, and political contribution and donation tracking
- Senior & vulnerable investor surveillance
- Leveraging CRM data for investment suitability and Reg BI
- Anti-Money Laundering
- And more
CFP, CIMA®, CPWA®, and AEP® CE Credits have been applied for and are pending approval.
SPONSORED BY
Martin Orbach, CRCP, ACAMS, CAMS
Vice President, Regulatory & Analytic Solutions – SS&C Risk & Compliance Intelligence (RCI)
SS&C
Shahyan Aly
Principal Product Manager - SS&C Black Diamond
SS&C
Timothy D. Welsh, CFP® - Moderator
President and Founder
Nexus Strategy, LLC