The Power of One
No more swivel chair compliance. Complete access to all your work in one place. One portal with one login, one data source and an unprecedented level of risk control.
The MyComplianceOffice platform provides a unified approach to Conduct Risk. Identify and mitigate potential conflicts from the activities of employees, third parties and the company.
Know Your Employee
Know Your Third Party
Know Your Transactions
Learn more about the most current regulatory issues and their impact on organizations like yours.
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We understand that making a change, means taking a risk. Whether moving from a manual process or replacing a system, your concerns are ours. You can trust MCO to know the stakes and strive to define the right journey for your firm.
No more swivel chair compliance. Complete access to all your work in one place. One portal with one login, one data source and an unprecedented level of risk control.
No two companies have the same regulatory requirements, but all require technology that works to their specification. MyComplianceOffice modular approach means purchase what is needed today and know that tomorrow's need can be easily added.
SaaS technology is less costly to buy and install. MCO's platform with central data center for all compliance modules means a cost-efficient and proactive approach to managing regulated activities.
User adoption is important. A simple, modern user interface combined with minimal clicks makes it very easy for employees to use. System administrators can quickly customize documents without IT involvement.
With clients in over 80 countries, MCO offers more extensive global support capability than the competition, with 24 x 7 tech support and 20 x 5 customer support.
Automate monitoring and approval of employee compliance activities with an intuitive interface enabling fulfillment of compliance obligations with minimal effort.
The issue of conduct risk is especially sensitive when it originates within the core financial transactions of a firm. KYT helps firms mitigate risk that can originate from breaches in market manipulation, insider trading, suitability, conflicts of interest, fund mandate and investment banking activities.
Manage and monitor the risks associated with third parties. Simplified approach with streamlined technology improves internal processes while meeting increased regulatory and audit scrutiny.
Successful compliance management for financial services requires that firms track and record the activities of a broad range of individuals, from internal employees, senior executives and staffers to external customers, vendors, and other third-party affiliates. Most firms have multiple activity compliance management systems that track regulatory activities and identify risky behaviors occurring in and between organizations.
Unfortunately, multiple regulatory compliance software systems often fail to adequately assess data because they don’t monitor all behaviors and miss vital information altogether (data gaps), or when more than one system monitors and reports the same behaviors (data redundancy). Essentially, compliance management systems fail because they don’t talk to each other—the right hand doesn’t know what the left hand knows.
When systems fail, the risk of non-compliance soars, and the firm could potentially suffer hefty fines, regulatory sanctions, and even criminal charges. Fortunately, firms can avoid compliance hazards by using MyComplianceOffice, one compliance platform that provides many compliance products all in one place and with one login.
A centralized Compliance Management platform provides a complete set of integrated data, compliance evaluators can identify problems early and mitigate risky behaviors before they escalate to critical levels.
Implementing an all-inclusive compliance management software not only helps a firm better manage compliance risk, it also demonstrates to examiners and regulators that they are serious about compliance management. Examiners look favorably on firms that leverage compliance software to manage risk proactively. Firms that use such systems greatly benefit with significantly fewer compliance violations and costly risks.
MCO has a deep bench of technologists and an extensive network of compliance experts who regularly provide best practices and latest trends in regulatory compliance.
This month, MCO CEO, Brian Fahey, presents a whitepaper to better explain conduct risk and technology's impact on this challenge.
Speak with our experts: 1-866-951-2280