Compliance Systems

A number of years ago after the work we had been doing with Investec Channel Islands on the Banking System, we were invited by Investec Private Bank London to write them a system for their Compliance Department to monitor various aspects of regulatory reporting.

We have subsequently gone on to develop another Compliance System for Collins Stewart and have recently put our knowledge and experience in this field together to create a system that can be used by Compliance departments to monitor all aspects of their responsibilities to ensure they remain compliant and meet their regulatory obligations.

The system currently has the following modules:-

  • Conflict Of Interest

This gives the user the ability to monitor risk and possible conflicts of interest.  The user can search on a number of criteria and the system will identify if it has a record of that criteria within any part of the system, the user can then decide if there is an issue that needs investigating.  The system is linked to Outlook and can generate emails to notify others of possible conflicts.
  • Companies

Here the Compliance department can log all the companies their organisation has a relationship with and what kind of relationship it is.  They can also log events against Companies so that they can record what activities are taking place.  They can also maintain a log of Insiders and track individuals' relationships with Companies.  An external feed can be taken into the system to provide Company Names and information for example ISINs and SEDOLs.

 

 

  • Disclosures

This system can take in multiple feeds from external sources and monitor the Company's holdings and notify when thresholds are met that require the Company to make disclosures to regulatory bodies.
  • Outside Directorships

Allows Compliance to track which members of staff hold posts as Outside Directors in other Companies, along with their level of interest.
  • Permanent Insiders

Allows Compliance to set up and monitor a list of all the staff who are regarded as Permanent Insiders due to their Company knowledge.
  • Reports

Allows Compliance to run reports.
  • PA Dealing

This module allows Compliance to log and authorise staff's requests to deal in stocks to monitor for possible Conflict of Interests or Insider dealing.
 

 

 

 

 


Interested in finding out more?

If you can see the advantages in having Vision, then please contact us to discuss how to progress.

Click to visit our Library and review the Compliance Systems documentation