PortfolioAid Announces Branch360°
Toronto, November 8, 2012 — Portfolio Aid Inc. is pleased to announce Branch360°, a new module in its suite of automated compliance tools for Canadian retail brokerage and mutual fund dealers. Branch360° enables compliance management and internal branch auditors to quantitatively measure “risk at a branch level” and the underlying causes of that risk using a comprehensive list of branch risk factors.
According to Sam Webster, President of PortfolioAid, “Risk management is a complex field that requires comprehensive tool-sets. PortfolioAid has produced a new dimension in retail compliance by leveraging the existing data and automated processes of our flagship solution, Retail Compliance Server, to calculate branch risk in a standardized fashion so that internal branch audit practices can be streamlined for multi-branch networks.”
Please note that PortfolioAid 360° is a pre-requisite for Branch360°. PortfolioAid 360° provides compliance management with suitability oversight across all product & account types and it allows advisors to realize improved collaboration with compliance management, a standardized view of security risk ratings, and enhanced portfolio suitability reporting.
About Portfolio Aid Inc.
Founded in 2001 and headquartered in downtown Toronto, PortfolioAid is Canada’s market leader in risk rating services, trade surveillance and compliance automation solutions. Serving IIROC & MFDA member firms as well as the regulatory bodies that govern them, PortfolioAid effectively reduces monetary and reputational risk across the Canadian financial services industry.
PortfolioAid has achieved a rigorous standard of operational excellence through its commitment to practices backed by third party audits, and partnerships with leading market data providers, and cloud hosting services.
PortfolioAid is the proud gold sponsor of the IIAC 2012 Fall Compliance and Operations Symposium.
For more information or a product demonstration, contact:
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