RISC COMPASS was designed & developed by registered compliance officers with decades of firm and audit experience in both Broker Dealers (BDs) & Registered Investment Advisors (RIAs).
After years of creating our own tools, databases and reports, the need for a software designed by people that actually do the job was apparent.
COMPASS takes so many of the reminders, emails, alerts and guidance off your plate so that your time and focus can remain on items that need professional expertise.
Privacy is of utmost importance and we we protect your data just like we treat our own.
COMPASS provides an extensive & fully customizable Compliance Calendar, for BDs &/or RIAs. COMPASS recommends a schedule to relieve the burden of items piling up at the same time. Firms can add their own tasks, and reports/memos are auto-created for each task, since we all know the saying in compliance: "If you can't prove it, it didn't happen."
Real-time status and oversight. COMPASS Dashboards provide the birds-eye-view of pending items, allowing for proactivity and control.
We strive to provide as many tools as possible to help manage & supervise the numerous regulatory requirements that compliance officers oversee. COMPASS consists of dozens of modules, a number that is continuously growing.
See Details
Quick 24/7 access to organized files and records, at your fingertips. Not only does COMPASS auto-save the pdfs of all attestations, task reports, and supporting documentation to your secure drive, but everything is a right-click away at all times!
COMPASS was designed to be efficient. To reduce the manual work for compliance officers as well as save time for reps, it should be accessed firm-wide!
No need to visually overload users with more info than is needed, so the menus, dashboards, and information available differs greatly for a Compliance Officer, Supervisor, or Reps.
COMPASS provides dozens of modules, and is yet continuously developing additional ones to always provide assistance in as many ways as possible.
Access from easy to navigate menus or directly from the different dashboard shortcuts.
Reports, Logs & Controls for Audits
Dashboards w Real-Time Status
Notifications|Alerts|Automations
Compliance Calendar
Advertising Review/Tracking
Books & Records Destruction Guide
Branch Reviews
Check Log Review/Tracking
Complaint Review/Tracking
Designation of Supervisors
Employee Brokerage Acct Review
3210 (prev 407) Letter Generator
FinCEN Review Automation
Heightened Supervision Review
High Risk Account Review
MSRB Dashboard
Notification Bulletin Board
Producing Manager Review
Safe Harbor Calculations | PreHire | Onboarding
Supervisory Mini-Audits
PreHire
Onboarding
Annual Reviews/Attestations
CE Auto-Reminders w Instructions
Authorized BD List
Heightened Supervision Classification
FinPro Gateway (U4) Review Link and Instructions
Producing Manager Classification
Rep Code Management
Supervisor Designations
Software Whitelist
User Access Checklist
(Maintain detailed list of all access granted and equipment issued)
WSP/Compliance/Manual: 24/7 Access
WSP/Compliance/Manual: Attestations Control
Advertising|Communications w the Public
BCP Testing
Best Execution
Complaints
Compliance Questionnaires
Check Logs
Do Not Call Registry
Employee Brokerage Accounts
FinPRO Review/Login Guidance
Firm Element Survey
Gifts
Heightened Supervision Review
Outside Business Activities
PreHire Authorization
Private Security Transactions
Political Contributions
Producing Manager Review
RIA Client|Portfolio Review
RIA Multi-State Exemption Review
Social Media
Websites
WSP/Manual Attestations
