Wolters Kluwer Financial Services is helping compliance officers gain critical insight with a consolidated snapshot of insider trading and other codes of ethics risks to their business. The latest release of its Examiner software includes a new dashboard-type interface that helps compliance officers assess performance of employee insider trading and other codes of ethics controls at investment advisors, broker-dealers, hedge funds, stock exchanges and rating agencies.
The new functionality allows compliance officers to customize the data they want to see each time they enter the Examiner system and easily reference the most recent summary data that is most important to their firm. Summaries are available for various types of data, including personal trade requests, confirms, conflicts, certifications, and gifts and entertainment activity.
âCompliance officers face the daily task of making sure their firmsâ employees are meeting best practices and industry regulations,â said Todd Cooper, vice president and general manager of Enterprise Risk Compliance for Wolters Kluwer Financial Services. âThe volume of the requests employees submit for approval each day can be substantial and Examiner helps compliance officers prioritize tasks and reports based on the specific needs of their organization, which ultimately helps make the compliance departmentâs job easier.â
Each compliance officer at a financial firm can set their own individual preferences, creating a central screen within Examiner that corresponds with their key responsibilities.
Examiner automates the employee trade surveillance process, allowing for online preclearance, certification, automated rules testing, automating confirm matching, data imports and extensive reporting outputs. It can be easily integrated with any trade order management system.