Private equity firm selects MyComplianceOffice as the best software solution for managing employee compliance and conflicts of interest.
INDUSTRY: Private Equity
COMPANY SIZE: Global Firm
LOCATION: United Kingdom
The Company
A mid-sized Private Equity firm headquartered in the United Kingdom with offices across Europe.
The Challenge
The firm was disenfranchised by the level of support they were receiving from their current compliance vendor and was looking to move to a reliable platform with more accessible support where their account would be a higher priority. With their existing solution, response time was slow, help to support a number of technical issues was lacking, and they were unable to call support via phone which added to a long list of frustrations. It was time to make a change for the better.
The MCO (MyComplianceOffice) Solution
The firm chose MyComplianceOffice as the best Employee Compliance software solution because MCO offered a single platform to check for conflicts of interest across the areas of employee compliance, centralized data and access to industry data feeds and responsive in-region customer service.
After an extensive review, the firm chose MCO’s Know Your Employee solution because of our service, flexibility and breadth of modules, implementing Personal Trading Manager, Gifts & Entertainment, Outside Business Activities, Connected Persons, Forms, and Attestations modules for all employees. One of the most compelling reasons for choosing MCO over the competition was the ability to check for conflicts across all employee activities in both public and private companies and capture data at the group as well as the entity level. Compliance was also looking to automate the way they were managing outside directorships and other outside business activities and were looking for the ability to set up broker feeds and easily create questionnaires and forms. The firm felt that ultimately MCO is the most fit-for-purpose compliance solution for the needs of the mid-size organisation.
Related Resources
Read How Optimal OBA Compliance Goes Beyond Just Disclosures
Learn about MCO's Know Your Employee Solution
Download a case study on Fighting Conflicts with a Centralized Solution
