Recent News
This version incorporates several modifications to meet the recent MFDA document MR-0069 and an exciting new Compliance Engine. The Compliance Engine has two components: one to monitor the content of plans and the second to assist trade approval.
Plan monitoring is an automated process, which reviews all plans in the system and applies a dozen tests to monitor risk exposure, incomplete or stale-dated data and investment suitability.
Trade monitoring is a similar automated process reviewing pending transactions according to 20 criteria. In either case, warnings returned by the process can be viewed on screen and printed in reports to simplify correction.
An on-screen colour-coding system is also used to indicate make it easy to identify problem plans and transactions. Fifteen new reports have been added to facilitate compliance functions and assist in product selection.
Before receiving the update, customers are asked to schedule a one-hour, online seminar in which we will demonstrate the new features and answer any questions. An 11-page document outlining the changes is available and should be read before the demonstration session.
This update is provided at no charge to existing customers and there is no additional fee for the Compliance Engine. As this is the first time this functionality has been included, we expect it to be enhanced in future versions as users provide us feedback.
Contact us for additional information and dates for demonstration.