Advanced Compliance Monitoring Solution Offering High-Quality Wealth Management Capabilities

Banking CIO Outlook | Tuesday, July 30, 2019

Jeff Cowley, CTO, InvestEdge

The advanced compliance monitoring system offers an integrated wealth management solution to automate and integrate workflow in financial institutions.   

FREMONT, CA: InvestEdge, an innovative wealth advisor solution provider, has released Compliance Middle Office Management (Compliance MOM). The new compliance monitoring system is designed to reduce the compliance costs by the wealth managers and maintain the quality of conducted reviews. InvestEdge offers integrated solutions through digitized tools to simplify the wealth management process and reduce operational risk.    

InvestEdge’s Compliance MOM focuses on reducing the spent hours by high-earning advisors conducting reviews and allows them to deliver cost-effective scale to their businesses. Its randomized algorithm helps to control the quality by random analysis of the pages with statically valid percentage of total reviews for a second review. The significant reduction of second reviews for un-necessary segments cuts down the countless hours spent by the wealth managers on revenue-generating task. The saved time can significantly reduce the amount of cost associated with compliance without sacrificing quality.

 Compliance MOM provides the wealth managers with the capability to create multi review types, based on the last number of characteristics like account types, risk, or the cycle to complete the review. It increases the streamlined work process and offers review management to meet business needs. InvestEdge provides an integrated data solution with data aggregation services to deliver high-quality data essential for a fiduciary oversight solution. The innovative solutions include visual interactive user experience, with clear, user-friendly analytical reports to make the right decision

InvestEdge ranks among the Top 10 Risk and Compliance Solution Providers, Banking CIO Outlook.  The company is not only limited in portfolio management with compliance monitoring but expanding its platform capabilities for RIA, IBD, and BD market segments.  

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