Across many organizations, compliance officers have a daunting task ahead of them. Compliance teams are managing risk across remote, hybrid, and in-office work environments, training employees on policies and procedures, and handling more data, all while regulations become increasingly complex. They are often under-resourced and working with manual, outdated systems. Modern compliance teams need automated and scalable solutions to mitigate risk, effectively monitor employees, and comply with regulatory requirements. Helping financial services organizations achieve this  is ComplySci.

A fast-growing, leading provider of regulatory technology solutions, ComplySci helps compliance organizations identify, monitor, manage and report on conflicts of interest arising from employee activities, including personal trading, gifts and entertainment, political contributions, outside business affiliations, and other code of ethics violations. The company’s innovative software solutions automate and streamline compliance functions, reducing the time spent on administrative tasks and freeing up valuable compliance resources to focus on areas that drive the business. Compliance teams can respond to regulators more quickly, showcasing the firm’s robust compliance program. “Our innovative solutions empower compliance professionals to manage, mitigate and even forecast risk, efficiently navigate changing compliance regulations, and unlock the strategic potential of compliance data,” begins Amy Kadomatsu, CEO, ComplySci.

Technology is the backbone of ComplySci. The company believes that advanced compliance technology empowers compliance professionals to transform their business and elevate the role of compliance in their firm. ComplySci’s centralized, holistic platform helps organizations track and monitor employee activities. Within ComplySci, compliance officers build rules and processes that align with their firm’s code of ethics policies, easily track inquires and tasks, respond to questions, and generate reports. ComplySci is highly customizable, so the platform can grow as a firm scales.

While explaining the company’s value proposition, Amy recalls an instance when the team worked with a customer managing compliance with manual, paper-based systems. They knew their systems would not be able to scale as the firm grew. After implementing ComplySci, the time and cost savings were immediately evident. Manual review of paper-based broker statements was replaced by an all-electronic, centralized system that took advantage of ComplySci’s automated broker feeds. With ComplySci, employee certifications and attestations were automated, saving time and simplifying the employee onboarding process. 

Another firm faced similar challenges and needed a modern, efficient compliance solution. With ComplySci’s mobile-friendly platform, employees can now easily accomplish tasks and clear trades wherever they are, whether they’re using their computer or mobile device. The compliance team can quickly pull reports to show proof of compliance and easily share this information. ComplySci helped the firm build more efficient compliance processes while saving time and resources. ComplySci is trusted around the globe by over 1,400 customers, including some of the world’s largest financial institutions. ComplySci has extensive compliance industry expertise, so the team understands the needs of the compliance community. Focused on delivering innovative solutions that will meet future regulatory needs, ComplySci partners closely with C-suite teams as well as in-house compliance, legal, and technology to deliver technology-enabled employee compliance solutions for broker-dealers, registered investment advisers (RIAs), hedge funds, private equity firms, investment advisors, venture capital firms, and other businesses across the financial services sector.

ComplySci is reimagining how compliance teams manage data, check for conflicts and report to stakeholders. With scalable software, ComplySci helps organizations use technology to mitigate risk.

“We believe advanced compliance technology empowers compliance professionals to transform their business and elevate the role of compliance in their firm,” adds Amy, “We’re helping firms look beyond basic code of ethics compliance and manage conflicts of interest across their organization.”