Brokers and exchanges are faced with constantly changing and increasingly demanding compliance requirements, so Abel Noser has announced a new suite of solutions designed to help these players stay ahead of regulations and regulators.
The company announced the launch of Compliance+, which Abel/Noser said offers a comprehensive and versatile set of features that allow users to comply with ever expanding industry regulations.
Compliance+ is available for access over the Internet or can be hosted locally on a server. The product provides complete transparency, ensuring accurate and compliant executions. Subscribers can easily see, either in real-time or through end-of-day reports, any trades that may fall outside of regulatory guidelines such as limit up/limit down and National Best Bid and Offer.
Compliance+’s major features include:
– Compliance management dashboard to easily identify warning trades, review and document those trades and memorialize those actions
– Large library of presentation quality compliance reports with customizable delivery options
– Interactive pivot table and charting capability allowing users to preview and drill down on detailed trade data
– Public hosting of 606/605 reports
– Case management features, along with the ability to capture notes and actions taken on any trade or topic throughout the system
“Compliance+ is a natural extension to our suite of products and services, leveraging our expertise in TCA to meet the needs of a new audience: the sell-side,” said Ted Morgan, chief operating officer of ANS. “With brokers and exchanges facing unprecedented challenges adhering to ever evolving SEC and FINRA regulations, this product allows users to quickly analyze their compliance with dozens of regulatory topics, leveraging our library of pre-built reports to achieve peace of mind.”
