MCO (MyComplianceOffice), a leading provider of compliance management software for financial services firms, has been recognized with the prestigious Most Innovative Entity Data Hierarchies Approach Award at the A-Team Innovation Awards 2024. The award celebrates MCO’s commitment to driving progress in compliance capabilities for capital market firms through cutting-edge software solutions.
MyComplianceOffice is an integrated multi-tenant SaaS solution that checks for conflicts across multiple systems and creates an audit-ready record of a firm’s compliance program. Sophisticated hierarchy management and integrated data sets anchor the platform, eliminating the need for fragmented systems and manual processes.
To monitor conduct, MCO captures employee activities, fund and portfolio holdings, client data and employee HR data. This data is then enhanced with employees’ financial transactions, outside business activities, gifts, relationships with external influences, access to insider information and much more.
According to MCO’s CEO Brian Fahey, “Our approach to data enables firms to take a holistic level of compliance oversight that’s just not possible with multiple systems. The MyComplianceOffice platform centralizes compliance and data on a singular platform that integrates with other internal systems, providing our client firms with ease of access, consistency and unparalleled risk control.” Fahey adds, “Many thanks to the A-Team Group for recognizing our innovative system.”
The A-Team Innovation Awards honor outstanding achievements in the financial services industry. Angela Wilbraham, CEO of the A-Team Group, commented, “Many congratulations to MCO (MyComplianceOffice) in winning the Most Innovative Entity Data Hierarchies Approach award in recognition of their achievement in delivering high levels of innovation to financial institutions. They should be deservedly proud of this accomplishment.”
The full winner’s report can be downloaded here.
MCO provides integrated compliance management software that enables global financial services firms to operate efficiently, ethically, and compliantly. With 25 products on a singular system, the powerful MyComplianceOffice platform lets compliance professionals demonstrate that they are proactively managing compliance obligations and the regulated activities of employees, the company and third party relationships.
1300+ client companies across 105+ countries use MyComplianceOffice to move away from manual processes and disparate systems and towards more strategic compliance.