Compliance Tools
Protecting your business is a complex, critical endeavor. Compliance issues, regulatory changes and trade irregularities are common, and may become both time-consuming and threatening without the right partner. First Clearing provides tools and support that help simplify your compliance needs with the following:
SuperVision
Our proprietary supervisory and surveillance system makes it easy to identify and review potential risks created by trading, cashiering activity, profile updates and market fluctuations. SuperVision supports your firm’s compliance needs and allows you to:
- Decide on the frequency and focus of your reviews.
- Customize alerts that correspond to your policies and procedures.
- Identify critical issues on a timely basis and flag them for further review and corrective action.
Blue Sky Reporting Package
Our premier Blue Sky Reporting Package uses daily data from Blue Sky Data Corporation to help your firm avoid fines, rescissions and cease and desist orders by keeping you informed on state regulatory changes, detailed timelines and checks and balances.
Mutual Fund Breakpoint Calculator
This calculator provides compliance officers with reports that identify transactions where advisors may not have completed a breakpoint calculation, or when a client was not provided best pricing for front-end-load mutual fund purchases.
Actimize
First Clearing clients have access to this premier, institutional AML monitoring system, Actimize provides significantly enhanced AML reviews, including:
- The ability to retain and manage alerts electronically.
- A Risk Case Manager that allows users to manage investigations.