At ACA, we’re committed to delivering innovative solutions that simplify and enhance compliance oversight. We now offer Intelligent Statement Processing (ISP), a powerful new feature designed to transform how compliance teams manage and monitor personal trading activity.
The Challenge: Gaps in Brokerage Feed Coverage
Electronic brokerage feeds have long been a cornerstone of personal trading oversight, automatically pulling in transaction and holdings data from supported brokerages. However, a persistent challenge has remained: many small or international brokerages lack the infrastructure to integrate directly with compliance systems. This creates a blind spot, forcing compliance teams to rely on manual uploads and reviews of PDF statements, which is an error-prone and time-consuming process.
The Solution: Intelligent, AI-Driven Processing
ACA’s ISP bridges that gap. Powered by purpose-built AI models, ISP allows firms to upload PDF broker statements directly into ComplianceAlpha®, where key data including transactions, holdings, and security details is automatically extracted and processed as though received via a direct feed. This enables immediate application of personal trading rules and strengthens overall compliance oversight.
This automation brings a first-in-class experience to firms struggling with fragmented data sources and ensures that critical compliance data is no longer left behind due to technological limitations of third-party brokerages.
Key Benefits for Compliance Teams
- Expanded data coverage: ISP ensures that trading activity from non-integrated brokerages is captured and analyzed, giving compliance teams a more complete view of employee trading behavior.
- Time and cost savings: Automating the extraction and processing of statement data significantly reduces the manual effort required, freeing up compliance resources for higher-value tasks.
- Reduced risk: With less reliance on manual entry, ISP minimizes the chance of human error, helping firms maintain accurate records and detect potential policy violations faster.
- Seamless integration: All extracted data flows directly into the existing workflows within ComplianceAlpha, preserving the integrity and efficiency of your current compliance processes.
Grounded in ACA’s Four Guiding Principles
ISP was developed in alignment with the ACA’s four guiding principles for responsible AI innovation:
- Secure: All uploaded statements and extracted data are handled within ACA’s robust, enterprise-grade security framework, ensuring client confidentiality and data protection at every step.
- Client-centric: Built based on direct client feedback, targeting a well-known pain point and delivering measurable improvements in efficiency and coverage.
- Explainable: Clients can understand how decisions are made, showcasing how transparency is built in.
- Human-in-the-loop: ISP enhances, rather than replaces, human oversight. Compliance professionals remain in full control, with the ability to review, validate, and approve extracted data before it flows into their workflows.
A New Standard in Compliance Technology
With ISP, we’re closing one of the most significant gaps in personal trading surveillance. By leveraging AI to replicate the functionality of electronic brokerage feeds, ISP not only enhances data accuracy but also elevates the standard of what compliance teams should expect from their technology partners.
This add‑on release reinforces our commitment to equipping compliance professionals with intelligent, adaptive, and future-ready tools.
How we Help
ACA’s Employee Compliance Solution, part of our award-winning ComplianceAlpha RegTech platform, provides firms with the tools needed to streamline compliance operations and reduce risk. Key features and benefits include:
- Broker statement tracker: Employees can upload PDF statements for accounts that cannot connect electronically, ensuring manual tracking is seamless.
- Automated monitoring and alerts: Simplifies personal trading, certifications, and disclosures while identifying potential conflicts of interest.
- Efficient compliance workflows: Automates processes like statement collection and provides timely alerts, freeing teams to focus on strategic oversight.
- Customizable tools: Manage statements by account or reporting period through an intuitive interface.
- Seamless certification process: Integrates statement submission into compliance certifications.
- Managed services support: For firms lacking internal resources, ACA’s Managed Services team can handle day-to-day compliance operations, saving valuable time.
With expertise from former regulators and compliance officers, ACA’s RegTech platform is trusted by over 1,500 firms worldwide to enhance compliance and streamline operations.
Contact us today to learn how ACA can help you launch, grow, and protect your firm.