A Cautionary Tale For Broker-Dealers
FINRA Charges Firm for Supervisory Failures In October, ViewTrade Securities, a broker-dealer, found itself facing regulatory action by FINRA, worth $40,000 in fines, for…
EMPLOYEE CONFLICTS OF INTEREST
Outside Business Activity Compliance Solutions
Simplify the outside business activity declaration process for your employees. Our Outside Business Activity product keeps compliance in the know on all pertinent outside employee activity.
STAY COMPLETELY UP TO SPEED
Easy Declarations
- Employees quickly and easily declare their outside business interests via configurable forms you define within STAR.
- Document and monitor the most common and critical outside employee business interests, including board-level roles and directorships.
- Document family members or connected individuals working at other financial firms, as well as charitable donations.
Employee Conflicts of Interest Solutions
Ensure employee personal trading and investments comply with all regulatory requirements and company policies.
Comprehensive pre-clearance and post-trade monitoring across 130+ exchanges and 30+ blockchains..
Simplify the declaration of employee private investments with outside organizations.
Automatically pre-clear client gifts or entertainment to prevent breaches of anti-bribery and corruption regulations.
Avoid regulatory compliance breaches arising from employee external business activities.
Safeguard your business from conflicts of interest arising from political alignments or associations among employees worldwide.
Actively manage employee trading in the context of current market activity and news events to protect your company’s reputation.
ACCELERATE DECISIONS ON OBA
Pre-Clearance
- Employees quickly and easily submit external business declarations and pre-clearance requests.
- Customize wording and supplement forms with your own questions.
- Leverage decision-making data from systems across your business—like HR and order management—with easy integrations into STAR.
- With an active record of employee OBA, potential conflicts can more easily be detected and managed.
You can also pre-clear with the following STAR products:
Personal Trading, Gifts & Entertainment, Political Donations, Outside Activity
PROVE YOUR REGULATORY RIGOR
Certifications & Attestations
- Collate employee data at regular intervals into certifications and attestations. Employees can flag inaccuracies or report anything that’s been missed.
- Push out information, such as the latest firm policies and regulations, so employees can confirm they’ve read and understand them.
- Provide further proof your business is doing everything in its power to detect and prevent conflicts of interest.
You can also survey with the following STAR products:
A 360 DEGREE VIEW OF ACTIVITY
Reporting & Analytics
- 100+ reports pre-loaded into the STAR software.
- Useful visualizations make data easy to interpret.
- Generate and distribute reports automatically.
- Design and build your own, custom reports.
Trusted by firms around the world
On-Demand Configurability
Extensive workflows are highly configurable, powered by conditional logic.
Multi-Jurisdictional
Tailor time zone, currency, language, and more for global employees.
Intuitive UX
Drive employee adoption with ease and simplify employee access via standard authentication and/or single sign-on.
Actionable Intelligence
Quickly and easily get real-time analytics through customizable dashboards and reports.
Multi-Layered Protection
Safeguard sensitive data with multi-layered access rights based on division, department, role, location, and more.
Future-Ready Architecture
Gain a 360-degree view of your employee compliance anywhere with scalable, cloud-ready software and integrations with Snowflake, Thoughtspot, and PowerBI.
Featured Resource
Certifications Process Checklist
Download StarCompliance’s Certification Checklist, providing 5 steps to a simpler, easier, more efficient certifications process.
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