If you work as a registered investment advisor or you run a firm in the financial services industry, you’ll know just how complex compliance issues can be. Thankfully, RIA Compliance Technology has simple software solution that automates reminders and keeps your business in check!
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Are you concerned that your investment advisor business isn't meeting the latest regulatory requirements from the SEC? Compliance is a minefield nowadays and if you want to avoid hefty fines, you need to make sure filing deadlines aren't missed, risks are being managed, and your emails and messages are archived according to best practices.
Take the stress out of compliance with RIA Compliance Technology – a next-generation software solution to keeping the SEC sweet! More details at https://riacomptech.com
Thanks to RIA Compliance Technology, now you have a more streamlined way to document regulatory tasks. Their platform covers every facet of maintaining compliance, offering a submission and tracking portal, communications archiving, trade monitoring, and ADV forms solutions.
The platform helps you avoid the fines and penalties being handed out by the SEC as part of its crackdown on off-channel communications. RIA Compliance Technology explains that 26 firms have faced charges relating to breaches of the Securities Exchange Act and the Investment Advisors Act. The charges were brought due to inadequate record-keeping provisions and failure to supervise personnel responsible for the failures.
The company's flagship Simple Compliance Portal software combines calendar features with data-gathering and customizable workflows, integrating route requests, approvals, and acknowledgments. The portal helps you manage employee onboarding, external business activities, and advertising submissions in accordance with SEC directives.
Another software solution for investment advisors is RIA Compliance Technology's Simple Compliance Calendar, which automates reminders for compliance tasks. You can see at a glance what documentation is due and which processes are underway while keeping abreast of overdue tasks.
“Throughout the dashboard, there are options to change the status, add notes, and attach reports or documentation to each task, so you are always prepared when the regulators come to visit,” explains Blake Bjordahl, RIA Compliance Technology Co-Founder.
Automation technology is also utilized within the Simple Email Archive which condenses what has traditionally been a labor-intensive and time-consuming task into a process that takes just a few minutes. This application provides data security, email processing, and virus protection protocols, and offers you guidance on what communication records and paper trails need to be kept and for how long. There are also archiving solutions for text messages/SMS, websites, and social media.
The Trade Monitor feature eliminates the collection, organization, and review of paper investment statements while ensuring you can monitor and review trades via the portal. Approvals can also be automated by setting restrictions and parameters.
The company works with you to build a personalized dashboard, delivering all your preferred applications under a single login.
Compliance doesn't have to be complex. Keep it simple with RIA Compliance Technology!
For more info, and to access a free demo of the software, go to https://riacomptech.com
