Kingland Systems, a premier provider of financial services software and data solutions, is announcing the release of version 5.6 of its leading conflict of interest compliance monitoring system, Independence.
This most recent release enhanced key functionality to improve ease of use for both administrative and end users.
Independence tracks employee and household financial interests and enables employees to import their personal portfolios from many of the leading international brokerage firms. Speaking about the 5.6 release, Phil Birkedal, Kingland partner responsible for Independence, commented that, "We improved the employee enrollment process related to brokerage import. Our desire is to increase employee compliance with regulatory requirements while reducing the amount of time our clients spend on these critical functions."
Expanding options for the user interface is another significant enhancement in Independence 5.6. These options leverage leading web design best practices and human computer interaction principles to provide improved usability and user look-and-feel satisfaction. The enhanced interface is customizable by Independence clients, as with previous versions. Other improvements include advanced user conflict of interest notifications and new account and portfolio management options.
Mr. Birkedal added: "We work hard to focus our efforts on our clients' needs, understanding that each client may have a unique perspective and approach to implementing certain compliance strategies." The Kingland Systems Independence Global Monitoring System continues to enable large multi-national companies to manage the identification, disclosure, and monitoring of employees' financial and non-financial interests and the firm's business relationships with customers, prospects, and other firms. Independence is used by more than 130,000 users in more than 140 countries worldwide.