Wolters Kluwer Financial Services today launched mobile capabilities for its Examiner solution, which automates Code of Ethics compliance for personal trading surveillance, as required by the 1940 Act Rules.
With the new mobile technology, compliance professionals can use Examiner to monitor and approve employee pre-clearance trade requests—anywhere, anytime—from any mobile device.
The new mobile technology for Examiner is built on HTML5, now widely accepted as the standard for developing cross-platform mobile and web capabilities. Examiner's mobile functionality provides faster access to rich and detailed views of data, agnostic of the specific device running the browser, giving institutions better, faster insights for analysis.
"Examiner clients now have significantly greater flexibility to meet business and regulatory requirements through our mobile capabilities," said Jim Richardson, director of Investment Compliance Solutions for Wolters Kluwer Financial Services. "This new technology gives compliance managers unprecedented ability to provide unlimited trade approvals on-the-go."
"The Examiner system has been a key tool in helping compliance professionals run comprehensive rule tests and perform the necessary gap analysis," said Carol Beckett, compliance manager of Investment Compliance Solutions for Wolters Kluwer Financial Services. "Facilitating these approvals and oversight in a mobile environment allows investment advisors to respond to items in their queue remotely, preventing unnecessary hold ups and ultimately reduces the risk for violations.'"