Compliance Workflows

A very flexible and customizable compliance suite contains core operating business processes to support review & audit procedures, which can be tailored by product and situation.  Automated, comprehensive committee reporting streamlines tracking on overdue items, incomplete items and exception items.  Workflow tools such as ticklers can be assigned by officers to manage-to exception clean-up fulfillment.

Compliance Officers can view at-a-glance and drill-down cases, including status of exception work-out, and leverage the automated messaging tools to inquire on status and critical deadlines.  Linkage to the letters and forms library allows a Portfolio Manager or Administrator to instantly produce actionable letters like Investment Elections, Stock Sale, and other tools which stay in the account/client Journal.

Key support tools like stock watch lists, restricted stock and investment allocations and other measures can be incorporated to streamline review completion.  Laddered approval for items like Fee Exceptions (by amount) or Review Exceptions (by type) support compliance to your core business procedures.  Trust Committee processes can therefore be automated to the level where many of our clients have reduced these executive demands by a factor of four.  Providing read-only log in to Bank Audit and Examiners also greatly cuts demands on staff to produce documents.  Integration with imaging systems further improves compliant archival.