Risk Management Tag

FINRA’s 2021 Examination and Risk Monitoring Program Report
FINRA’s 2021 Examination and Risk Monitoring Program Report

This February, FINRA released the 2021 Report on its Examination and Risk Monitoring Program. The Report is designed to inform member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations. The Report combines and replaces the two previously published annual reports: Examination Findings and Observations and the Risk Monitoring and Examination Program […]

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Terrapin Technologies Launches Trade Surveillance Solution in partnership with Wintrust Wealth Management
Terrapin Technologies Launches Trade Surveillance Solution in partnership with Wintrust Wealth Management

Wintrust Wealth Management invests in technology enhancement benefitting its compliance program by delivering a more agile and efficient analysis of direct business transactions. Minneapolis, M.N. – Jan. 19, 2021: Terrapin Technologies today announced a new trade surveillance solution in partnership with Wintrust Wealth Management. The trade surveillance solution provides compliance departments the capability to monitor […]

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How Audit Ready Is Your Incentive Compensation Program?
How Audit Ready Is Your Incentive Compensation Program?

Audit Ready Incentive Compensation The increasing cost of compliance and oversight – in time and money – is something investment services firms face every day. From internal audits that scrutinize our processes to regulatory bodies like FINRA and the SEC that scour over client data. In the past, audits, examinations, and inspections occurred a couple […]

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5 Reasons Why You Should Reassess Your Dependency on Spreadsheets
5 Reasons Why You Should Reassess Your Dependency on Spreadsheets

Spreadsheet Dependency Dependency on spreadsheets exposes an investment services firm to risk, especially when they rely on spreadsheets for their business-critical functions (such as managing their incentive compensation program). If spreadsheets play an integral role in your daily operations and are part of manually intensive processes, then you should assess this dependency and its inherit […]

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How to Decrease Operational Risk with Incentive Compensation Management Technology
How to Decrease Operational Risk with Incentive Compensation Management Technology

Operational Risk It’s important to understand the operational risks caused by manual processes used within your incentive compensation procedures. Managing and leading an investment services firm is an enormous responsibility. Top challenges include: Growing the firm’s revenue while keeping overhead in check. Ensuring that payroll is timely and accurate. Hiring, coaching, and retaining financial advisors. […]

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