As regulatory pressures increase, advisory firms are wise to streamline and automate compliance processes
Skokie, IL (PRWEB) September 05, 2013
National Regulatory Services (NRS), part of BankersAccuity, today announced the release of an updated calendar feature in NRS’s ComplianceGuardian™ solution. New functionality now links investment advisers’ policies and procedures manuals directly with a calendar to deliver actionable lists of compliance-specific tasks.
The enhanced calendar functionality streamlines an adviser’s compliance processes by enabling content-sharing across an entire compliance architecture. Driven by ComplianceGuardian’s profiling feature, the intelligent task manager allows seamless data flow between manuals and calendars to automatically provide reminders in line with particular compliance requirements.
“As regulatory pressures increase, advisory firms are wise to streamline and automate compliance processes,” explains John Gebauer, Managing Director of NRS. “Extracting task information from policies and procedures manuals and linking that content to calendars increases accessibility and ensures firms’ compliance with their own mandates. ComplianceGuardian’s improved calendar functionality delivers lists of compliance-related tasks that outline what individual employees must accomplish and when. This unprecedented solution empowers advisers to efficiently maintain best compliance practices and satisfy regulatory demands.”
Features and benefits of the upgraded calendar, which comes fully integrated with ComplianceGuardian and is also available as a stand-alone module, include:
- Automatically synchronized and shared information across tasks lists, calendars and policies and procedures manuals
- Updates from NRS consultants on new and annual filing deadlines, as defined by regulators
- Customized task assignments and regular email reminders
- Reduced risks of non-compliance
NRS ComplianceGuardian offers investment advisers, broker-dealers and private fund firms best-in-class compliance services, tools, education and consulting in a single online solution. This solution provides a simple, user-friendly Web interface and employs a permission-based user model that matches each firm’s supervisory structure to ensure compliance.
For more information on ComplianceGuardian and the updated calendar functionality, visit http://www.nrs-inc.com/Technology-Solutions/ComplianceGuardian1/.
National Regulatory Services (NRS) is the nation’s leader in compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions. NRS has the practical expertise, proven capability and unparalleled reach to deliver integrated and effective compliance solutions to a wide range of users within the financial services industry. NRS delivers these solutions through three interrelated offerings – comprehensive education, best-in-class technology and expert consulting services – enabling our clients to meet their regulatory requirements and minimize risk. NRS is part of BankersAccuity, the global standard for payment efficiency and compliance solutions.
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