Research Payment Accounts Suite for Broker Reviews, Client Budgeting, and Payment Administration Cloud-based solution for MiFID II planned requirement for detailed client reporting of research budgets. Includes world's first N-dimensional broker review system coupled with a multi-level budgeting process to allocate research budgets to clients at a fund and/or strategy level. Client communications, payments, fund transfers, and CSA unbundling all lead to the simplest way of implementing the complex requirements for RPAs.
Complete management of P&L-based research payments for brokers and independent research providers. Manages all of one's research providers, the negotiated rates agreed to with each of them, and the payments made for services received. Includes multi-level broker review with optional allocation as required for internal budgeting purposes, consumption data, and trade reporting and reconciliation. Provides an upgrade path to full US based CSA accounting or EU based MiFID II accounting.
Improves due diligence of 3rd party research providers and vendors, including license and budget management. Leverages 100's of pre-stored DDQ answers. Supports regulatory requirements for vendor due diligence and precautions against the misuse of material non-public information (MNPI). Proactively manage the risks associated with the methodologies and policies used by your 3rd party vendors, brokers, research providers and consultants. Supports approval workflow, interviews, research samples, private questions.
Single portal to manage all of the important aspects of running an efficient and productive compliance team. Goes beyond calendaring to include complete delegation management, past due alerts to compliance members and management, regular gifts and entertainment plus specialized political contribution approval and tracking, "intelligent" policies and procedures for documentation and training, errors reporting, and multi-level personal trading approval. Integrates into Castine's Compliance Telescope for even fuller control of vendor due diligence and approval.