• Registered Investment Advisor (RIA)

    A Registered Investment Advisor (RIA) is a person or firm that provides financial advice and services to clients in exchange for compensation. To become an RIA, individuals must pass the Series 65 or 66 examinations, obtain a license, and may need to register with the United States Securities and Exchange Commission (SEC). They must also…

  • RIA Communication Compliance

    Registered Investment Advisors (RIA) face strict regulations to ensure the privacy of sensitive data, including the need to capture and store copies of external communications with clients. While this is easy enough to do when employees are using company-owned desktop computers and legacy enterprise communication channels such as phone or email for all of their…

  • Record Retention Policy

    Depending on the specific industry, companies are subject to different record retention requirements. Whether it is finance, banking, insurance, law, or any other type of business, certain types of information must be retained for designated periods of time as part of company records. To comply with these requirements, companies create policies around how they store…

  • Regulatory Reporting

    Companies in highly regulated industries such as finance, banking, and insurance are required not only to comply with regulations, but also to report to the regulators to prove compliance. Depending on the regulatory body to which a company is bound, the details and process may vary slightly, and most companies have a compliance team in…

  • Regulatory Compliance Solution

    Companies in certain industries, especially finance, legal and insurance, are bound by a number of strict regulatory guidelines designed to keep markets running smoothly and to protect consumers, investors and the companies themselves. Regulatory compliance solutions help companies ensure that they are following the rules.    What is Regulatory Compliance? Regulatory compliance means following all…

  • Records Retention Schedule

    A records retention schedule is a structured framework that outlines the guidelines and rules for managing an organization’s records, including documents, files, and data, throughout their lifecycle. Types of Records in a Retention Schedule  A records retention schedule encompasses various types of records that organizations produce and manage in their daily operations. These records can…

  • Regulatory Technology (RegTech)

    Regulatory Technology, commonly known as RegTech, refers to the use of technology-driven solutions to streamline and enhance regulatory compliance processes in various industries, particularly the financial sector. RegTech leverages innovative technologies such as artificial intelligence, data analytics, and blockchain to help organizations efficiently navigate complex regulatory landscapes, manage compliance risks, and meet reporting requirements.  Key…

  • Real-Time Monitoring

    Real-time monitoring refers to the continuous collection and analysis of data to gain immediate insights into the current state of a system, network, or process.  It goes beyond simply gathering data to involve actively tracking and interpreting information as it happens, enabling proactive problem identification and resolution.  Key Characteristics of Real-Time Monitoring  Continuous Data Collection:…