App provides financial services firms with an easier, more accessible compliance experience for today’s increasingly distributed work environment
(August 18, 2020) ACA Compliance Group (ACA), a leading provider of governance, risk, and compliance advisory services and technology solutions, announced today the launch of the mobile app version of its ComplianceAlpha platform for risk and compliance management. Designed to provide financial services firms with an on-the-go hub for compliance management, communication, resources, thought leadership, and future ComplianceAlpha functionality, ACA’s ComplianceAlpha mobile app provides both employees and compliance teams with an easier, more accessible compliance experience.
Jordan Schwartz, Partner at ACA, said, “Regulators across the globe are scrutinizing how firms are addressing COVID-19-related risks, issues, and challenges, including their business continuity planning (BCP), operational resilience, insider trading surveillance and market abuse detection, and code of ethics policies and procedures. With many firms working from home, both compliance officers and employees need an easy and effective way to meet their regulatory obligations remotely. We’re excited launch the ComplianceAlpha mobile app and provide our clients with a solution that puts compliance at the fingertips of each employee.”
Available now for iOS and Android devices, ACA’s ComplianceAlpha mobile app allows users to:
- Manage requests and disclosures for trades, gifts and entertainment, outside business activities and more.
- Receive push notifications for important company information and urgent alerts, such as in BCP or disaster scenarios.
- Access documents in one place, including company documents (e.g., call chains, contact information) and compliance policies and procedures (e.g., code of ethics, insider trading/MNPI, eComms).
Raj Bakhru, Chief Innovation Officer at ACA, said, “With competing regulatory focus areas requiring vigilant oversight and cost pressures being higher than ever, it’s imperative that compliance becomes easier and more efficient for employees and compliance staff alike. ACA’s ComplianceAlpha mobile app helps make compliance more accessible and convenient by modernizing the experience. It will serve as a key component of ACA’s regtech solutions suite going forward, as well as the future of how compliance officers interact with ACA.”
About ComplianceAlpha
ComplianceAlpha helps global financial services firms of all sizes meet regulatory demands across their organizations effectively and efficiently. The platform helps firms automate manual and repetitive tasks, identify risk through enhanced surveillance capabilities, derive deeper insights through connected data and increase employee compliance.
About ACA Compliance Group
ACA Compliance Group is a leading provider of governance, risk and compliance advisory services and technology solutions. We partner with our clients to help them mitigate the regulatory, operational and reputational risks associated with their business functions. Our clients include leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers and domestic and international banks. ACA is based in New York City and the Washington, D.C. area and has offices in London and other U.S. cities.
For more information, visit www.acacompliancegroup.com.
