For hedge funds and private equity firms, taking control of your conflicts of interest can be a full time job. Compliance departments within these firms are tasked with tracking and monitoring all conflicts which could arise from employee trades, but what about the firm-based conflicts which can arise from deal-making activity?
Compliance and deal teams may be operating in two different systems, with employee activities living in one system and firm activities living in another. However, with that process came a critical loss of data and the potential to miss noncompliant activities – a detriment to your firm and its reputation.
Not to mention, multiple departments duplicating efforts and wasting your first most precious resource: time.
The answer? Integration.
How the DealCloud integration with the ComplySci® Control Room compliance solution enables 360-degree protection
An integrated solution improves visibility into potential conflicts at the firm and employee levels. And ComplySci’s Control Room compliance solution was designed to do just that.
With access to Control Room, hedge funds and private equity firms can manage conflicts of interest on a personal level, tracking and monitoring employee trades and other activities to quickly identify instances of market abuse or potential conflicts. And now, with the integration of DealCloud, compliance departments can track such conflicts on both a personal and firm level. By integrating deal and complex transactional data with the employee trade data compliance departments already have access to, hedge funds and private equity firms are better equipped to spot potential conflicts before it causes risk and reputational damage for their firm.
With the integration, ComplySci’s Control Room compliance solution enables firms to easily identify risk points associated with:
- Personal trading.
- Private investments.
- Conflicts of interest.
- Outside business affiliation.
- Gifts and entertainment.
- And much more.
Ready to take even more control of your conflicts of interest, proactively addressing risk points to ensure compliance firm-wide? Schedule a demo today to learn more about ComplySci’s Control Room and how the DealCloud integration can help your firm track and manage conflicts on a firm and individual level.