SALISBURY, Conn., Aug. 11, 2015 /PRNewswire/ -- "This is a game changer. A tool created by compliance professionals to help Compliance Officers on the front lines. There are so many demands of the CCO's time and attention, so many regulations; ACM is a game-changer. It will become as commonplace for compliance professionals to use as email is now," says Jackie Hallihan, Partner and Director at Ascendant Compliance Management, and the founder of the National Society of Compliance Professionals (NSCP).
Ascendant Compliance Manager (ACM) is a robust and comprehensive application designed to assist compliance professionals to better manage compliance functions. ACM fulfills Rule 206(4)-7 requirements for IAs, Rule 38a-1 workflow processes for ICs, and is fully developed for broker-dealer compliance program implementation. The unique tool also provides workflow, calendaring and encrypted messaging. ACM identifies, manages and analyzes regulatory responsibilities as well as compliance, operational and IT risks.
ACM is a centralized portal to access compliance resources and stay apprised of regulatory developments; maintain a data warehouse of risk inventories, maintain compliance policies and compliance program monitoring records, track a compliance calendar, manage tasks and master compliance workflow and risk management.
For those tracking the regulatory Big Data scene for IAs/ICs/BDs, ACM also includes a Trade Blotter Manager for testing and analysis of every transaction by each financial firm. ACM's Trade Blotter Manager analyzes trading data to assist with identifying trading anomalies, and assessing trade execution similar to the way that the SEC analyzes data with the National Examination Analytics Tool (NEAT).
For more information on the Ascendant Compliance Manager, or to schedule a demo visit http://www.ascendantcompliance.com/ascendant-compliance-manager/
Compliance professionals can see the tool in person at Ascendant's next Conference + Education event, September 29 – October 1 in Scottsdale, AZ. For more information and to register, visit www.ascendantcompliance.com.
Ascendant Compliance Management is located in Salisbury, Connecticut, with offices in New York City and San Francisco. Ascendant offers integrated compliance and business solutions for investment advisers, broker-dealers, and private fund managers and provides compliance software and online training. For more information on Ascendant's services, such as annual reviews, compliance or IT risk assessments, and more, or for free compliance resources please visit www.ascendantcompliance.com or call 860-435-2255.
About Ascendant Conferences + Education:
Ascendant Compliance Management's Conferences + Education team is dedicated to the advancement of compliance professionals in the investment management industry. The interactive approach follows all of the latest trends in SEC examinations, risk assessments, analytics, insider trading, social media networks, compliance automation, ethics and fiduciary duty among other topics. The goal of the program is to equip compliance professionals with the necessary tools for developing and maintaining the highest standards of business practice management. For more information please visit www.ascendantcompliance.com.
CONTACT: Melissa Maleri, 860-435-2255, firstname.lastname@example.org
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SOURCE Ascendant Compliance Management