Back-office financial services provider
Designed for wealth management companies, the new product will promote ethical practices by evaluating trading and supervision, determine needs-based investment suggestions for clients, automate field audits, and respond to new regulatory and legislative demands.
"SunGard's converged solution will help provide centralized information across the organization and a more proactive environment, placing information into the hands of people that can help affect change and solve problems before they become serious," said David Tilkin, the company's director of compliance and surveillance services.
The product will offer both new services and improved and expanded services as part of Synapse and BrokerAudit such as a compliance dashboard that provides a holistic view of trades, exceptions and flags for a particular jurisdiction, a combined rules set, an interactive trade blotter, risk rank evaluation and auditing, and anti-money laundering (AML) system.