Fair and Timely Trade Allocation and Favoritism Checking

The Benefits:

Lower compliance costs enabled by "One stop shop"- Automated solutions from one partner, all with case management and audit trails;
Time gain- Less on-site time by regulators, less time for the annual review, less overhead due to work automation and less time for the arduos and daunting tasks of gathering, organizing and analyzing data;
Reduced regulatory and fiduciary risks because our system minimizes surprises and losses;
Competitive advantages in asset gathering and retention- Investors enjoy enhanced trust, comfort and confidence during due diligence efforts due to the independence of our system.

Favoritism and Fair and Timely Allocation Checking and Decision Checking Across like Portfolios

FTT monitors holdings across grouped portfolios and alerts for any differences/dispersions. Dispersions can be checked across composite accounts, account vs. model, model vs. composite and account vs. composite, etc. Tolerance or threshold levels, or both, are determined by the client. Further, our software checks for price allocation (economic analysis), “who goes first” patterns (PM thinking analysis) and time to allocate. Overall, this procedure checks for timely and fair allocation of trades across like portfolios AND detects if favoritism (e.g. “cherry” picking) is occurring.

Additional Features of this module

Global Security Master File: FTT maintains a global security master file and updates it daily to insure accurate and timeliness of security data. The master file is comprised of all security types and corresponding market, fundamental and indicative data required to provide services.

Exceptions Resolutions Archiving and Tracking: All exceptions to guidelines are archived and aged by calendar until closed by the compliance user. This feature provides for both “notes to the file” capabilities as well as audit trails for internal or regulatory audit purposes, or both.

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