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Compliance Tools

Trade Order Memorandums

  • Quickly and easily generate order memoranda for individual and block trades across thousands of orders.
  • Stay compliant with SEC rule 17 C.F.R. 275.204-2(a)(3) under the Investment Advisors Act of 1940 [15 U.S.C. 80b].
  • White-label unlimited templates to account for any trading scenario.
  • Define and apply naming conventions to maintain order in record keeping.

Trade-Order-Memorandum

Trade Reconciliation

  • Utilize trade reconciliation to match orders exported from RedBlack against transactions imported from the portfolio management system.
  • See instant visual highlights of missing trades, missing transactions, and reconciliation errors.
  • Use profile-specific settings for end-users to customize reconciliation settings to track and account for:
    • Best execution
    • Transaction fees
    • Incremental fills
    • Trades with no corresponding transactions
    • Transactions with no corresponding trades
    • Quantity mismatches

Access Controls

  • Access Controls DiagramUse governance controls to restrict access to functions within the platform.
  • Combine and customize users, roles, policies, and rights to apply controls to trading and rebalancing in RedBlack.
  • Follow policies that include, but are not limited to:
    • Deleting archived order sets
    • Deleting orders
    • Exporting orders
    • Reconciling orders
    • Simulating fills
    • Editing investment policy statements
    • Editing models

Investment Policy Statements

  • Take advantage of fully automated investment policy statements that overlay model and client portfolios for validating compliance pre-trade, post-trade, and while exercising what-if scenarios.
  • Achieve instant archiving of all published IPS reports for ease in tracing violations and “as of” access to information.