Mike Graham, vice president of technology at PSG, said, âProtegent Surveillance is one of the most comprehensive compliance solutions available. It will provide our broker/dealers with a more efficient, cost-effective way to automate and accelerate review of trades in the field. Not only will Protegent Surveillance help to expedite trading for reps, it will provide efficiencies for our broker/dealersâ home offices and compliance officers.â
PSGâs independent broker/dealers will use Protegent Surveillance as their primary tool for determining suitability and providing surveillance. By integrating with PSGâs AdvisorConnect platform to perform pre- and post-trade review, Protegent Surveillance will give compliance staff the ability to automatically identify exceptions. Protegent Surveillance will augment AdvisorConnectâs automated trading process, providing reps with the ability to open a brokerage account and enter trades online, conduct trades more efficiently, and provide more comprehensive service to their clients.
âAutomating suitability with both pre- and post-trade reviews is becoming more and more critical for firms needing to control and reduce risk,â said Paul Erickson, president of SunGardâs Protegent solutions. âPSG is among the leaders in extending Protegent Surveillance capabilities to its broker/dealer network as a value-added service and in utilizing compliance and surveillance solutions to enhance its competitive advantage.â
SunGard provides an integrated suite of services to help advisors meet the financial needs of their clients, and capitalize on growing opportunities in wealth management. SunGard helps organizations deliver on the promise of a more holistic and consultative client experience by providing an array of capabilities for client profiling and financial planning, asset allocation and portfolio management, securities processing and asset accounting, and consolidated client reporting and performance measurement.