Transform a Necessary Function into a Strategic Advantage.
VigilantCS is a Staff digital compliance platform which is embedded with IIROC, MFDA, insurance and other financial services requirements driving down the costs of compliance and allowing you to assess staff conduct risk on a dynamic basis.
Compliance is a particular challenge for smaller firms, such as boutique dealers and specialized portfolio managers. The VigilantCS platform enables you to focus on your core business by providing your Chief Compliance Officer or external consultants an efficient solution for the automation of routine tasks.
Independent Wealth Manager
The competitive landscape and regulatory changes have especially challenged mid-sized wealth managers as operating costs have increased.
While the twin benefits of reducing compliance costs by between 20% to 50% and increasing adherence to regulations may seem like wishful thinking, VigilantCS delivers on both counts with the power of automation.
Bank/Insurance Wealth Manager
Canadian and international regulators are focused on sales practices and conduct risk. In the U.K., Financial Conduct Authority (FCA) oversight is growing, and the Senior Managers and Certification Regime (SM&CR) applies in December 2019. In the U.S., the SEC has adopted a Regulatory Best Interest (Reg BI): firms must comply by end of June 2020. VigilantCS equips firms to track and analyze staff conduct to pinpoint opportunities for improvement and preventive action.