Employee personal trades can create potential conflicts of interest. Mitigate the risk of misconduct and increase efficiencies with MCO’s Personal Trade Manager (PTM). 

The manual process of reviewing employee personal trades can be unnecessarily expensive, time-consuming and frustrating for both employees and compliance teams. 

Automation  can greatly improve the process of monitoring of employee personal trades. With the technology of MCO's Personal Trade Manager (PTM), firms can: 

  • Simplify the employee trade pre-clearance process
  • Automate the capture of trade confirms from brokerages
  • Review employee trading activity against restricted lists and insider trading rules
  • Check employee trade activity for front-running and tailgating
  • Facilitate annual employee attestations and disclosures
  • Provide a complete audit history of pre-clearances and order attempt

A modern user-interface makes the pre-clearance and disclosure process easy for employees. 

A robust rules engine, electronic data capture and a centralized solution makes it simple to monitor  personal trades for conflicts of interest. 

Personal Trade Preclearances

Monitoring employee preclearance requests can help protect the firm from trade violations and insider trading. MCO's Personal Trade Manager simplifies the preclearance process for both compliance and employees. 

Employee Trade Pre-Clearance Process

Capturing an employee's personal trade and holdings

The MCO personal trade solution provides a fully-electronic method of employee trade capture. Each day PTM receives and processes data feeds from thousands of brokerage firms. The solution also offers nontraditional data capture methods for accounts that brokerages that don't utilize direct feeds.

Capturing an employee’s personal trades and holdings

Processing an employee post-trade transaction

Receive timely confirmations of employee trade transactions to check for rule breaks and trade violations. The system automatically alerts if a rule break has occurred. 

Processing an employee post trade transaction

 

MCO’s Personal Trade Manager is part of the Know Your Employee (KYE) suite created to comprehensively address employee compliance. KYE is part of the MyComplianceOffice integrated platform that can automate compliance programs for supply chain and 3rd party operations (KYTP), and for transaction surveillance (KYT). These three interconnected suites with a central data center, cost-effectively address the challenge of Conflicts of Interest management and the risks of misconduct.

 

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