EQube Control Room for Broker Data Feeds: Rethinking how you do compliance.

EQube Control Room for Broker Data Feeds

Under regulatory compliance mandates, financial institutions are responsible for mitigating potential conflicts of interest arising from their employees' actions. Predominantly, broker-dealer entities have instituted protocols necessitating prior authorization for employee-initiated trading activities, a protocol that tolerates no margin for error. Termed "trust but verify," this procedural paradigm systematically validates employee-initiated trades at their associated brokerage firms, ensuring the absence of any breaches.

The Challenges.

Envision the daunting task of…

analyzing hundreds of monthly broker statements for all the employees from their multiple retail brokers, physically opening the envelopes, and painstakingly inputting data like trades, accounts, and holdings onto a spreadsheet to identify conflicts or unacceptable trading patterns, related to individual securities, and trade execution timings.

Or picture…

receiving hundreds or more broker statements or trade confirms via email and transferring the information onto a spreadsheet for review. Alternatively, imagine manually logging into a broker's portal to scrutinize transaction activity. What do these procedures have in common? They are all manual, time-consuming, labor-intensive processes and significantly increase the likelihood of supervisory failures. 

Today, many firms use one or more of these methods to supervise employee activity. There is a better way. 

Integrating electronic broker data feeds into The EQube Compliance platform. 

A broker data feed transmission refers to the digital transfer of a broker's statement, which includes crucial information about activities like trade executions, accounts, and holdings.

Automated data feeds send trade execution information along with timing details, which helps compliance teams check and organize data easily and precisely. These rules permit the examination of trade executions before and after the timing of the imposed restrictions. EQube, through these regular updates, matches securities with different security rules set before or after trades. This helps compliance departments quickly spot possible problems or rule-breaking and take instant action. This system ensures everyone follows the rules and reduces possible operational issues. 

Why EQube Control Room for Supervision?

Experience and broader knowledge in the financial sector

Boasting over thirty years of combined experience in the financial field, our team is a reliable ally for businesses aiming to enhance efficiency and cut costs. We specialize in trading and compliance, aiding companies in their transition from labor-intensive procedures to smooth, automated systems. 

Our extensive expertise across various financial sectors, including Capital Markets and Retail Brokerage, sets us apart from our competitors with limited offerings and less experience.

One Platform with Many solutions

Organizations face challenges streamlining operations, meeting regulatory requirements, and internal policies. To address these issues, we offer a range of tools and reports tailored to each pain point to avoid any trade executions without trade pre-approval. With EQube Control Room, businesses can access a single platform that caters to their unique compliance needs and optimizes overall operations.

 Scalability

Our scalable SaaS solutions provide the tools and support required for companies to transition into the digital realm. By leveraging the power of digitization, businesses are more adaptable to changing market demands.

Optimal Operations and Cost-Efficiency

We understand the importance of operational optimization and recognize the impact it can have on the overall success of a business by working closely with you to develop tailored solutions that meet your needs and objectives. With our unwavering commitment to providing top-notch service, you can trust us to deliver results that will help streamline processes, increase efficiency, and reduce costs.

**Contact us today to learn how we can help your business.

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