ACA Technology Incorporates Compliance ELF into ComplianceAlpha
Expands ACA's regulatory technology offerings
ACA Technology Solutions, a division of ACA Compliance Group, today announced the availability of Compliance ELF (Employee Level Filing), a code of ethics, personal trading, and employee compliance management solution. ACA recently completed the acquisition of Cordium and its technology product suite, which includes ELF. ELF is available as a module of ComplianceAlpha®, ACA’s risk and compliance management platform, or as a standalone solution.
ELF provides CCOs and compliance teams with an integrated solution for managing their firm’s code of ethics compliance activities related to employee personal securities trading monitoring, attestations, reporting on gifts, political contributions, and outside activities, and more.
Key features include:
- Process automation – Streamlines the monitoring of employees’ trading activity through automatic pre-clearance approvals or denials, screening list capabilities, and automated trade review;
- Powerful reporting – Generates trading summaries and compliance review reports of all employees for easy tracking across business lines;
- Notifications, attestations, and questionnaires – Allows employees to submit gift and entertainment notifications, political contribution notifications, outside activity approvals, disciplinary questionnaires, fitness and proper questionnaires, and compliance attestations; and
- Electronic brokerage links – Includes links to over 4,000 brokerage institutions worldwide for easy trading data capture and allows for the use of both aggregated and direct broker feeds.
“We are excited to provide our clients with an effective solution for managing their firm’s code of ethics and employee compliance activities,” said Glen Froio, Partner at ACA Technology Solutions. “ACA is committed to developing a best-in-class GRC platform that will help our clients streamline operations, save time, and meet regulatory obligations.”
ComplianceAlpha is ACA's secure, centralized platform for managing your firm’s risk and compliance program. The platform enables compliance, marketing, and risk teams to more efficiently meet their firm's regulatory obligations and business needs through the integration of risk assessment and regulatory requirements; compliance controls, policies, and procedures; compliance activity tracking and testing; marketing and advertising reviews; cyber and technology risk management; vendor diligence and management; personal securities trading and code of ethics; and trade surveillance.
About ACA Compliance Group
ACA Compliance Group (“ACA”) is a leading provider of governance, risk, and compliance advisory services and technology solutions. We partner with our clients to help them mitigate the regulatory, operational, and reputational risks associated with their business functions. Our clients include leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers, and domestic and international banks. ACA is based in New York City and has offices in London, Hong Kong, Malta, and other U.S. cities.