BankBroker's Compliance Review

Providing a complete view of what takes place within sales automation or process automation arenas, is the very thing many compliance teams need. Ensuring that your trading and selling practices are followed and having an ability to look at the business volumes and activities conducted, will provide individuals within your company the comfort they need. Compliance review and oversight is functionality that spans throughout and across BankBroker. Adding this capability to what you do is a very important requirement to any organization.

Surveillance oversight and warnings based on business rules you set allow for quick notifications to be sent to people who need to be aware of potential issues. Setting business rules that will prevent problems from happening is one of the most valuable practices you can create. By checking for licenses, appointments, and continuing education parameters early in the sales process, BankBroker keeps your business running smooth.

It's crucial to look at and inspect transactions. BankBroker allows you to establish monitoring flags on any type of transaction or behavior that is processed and sent to us. This gives you great power and an ‘over time’ view of any potentially suspicious activities that may need attention.

Compliance, Risk and Surveillance are all necessary functions of a good sales and servicing platform.

Additionally, looking at advisor activities, product selling practices, product mixes and transitions, specific elements of individual security types, and other similar data elements are important to keep your organization out of the press.

In acquiring the services of BankBroker, you will be able to see many of the day-to-day and over-time aspects of your business.