Toronto, February 8, 2013 — Portfolio Aid Inc. is pleased to announce AdvisorRisk, a second module in its suite of automated compliance tools for Canadian retail brokerage and mutual fund dealers. AdvisorRisk enables compliance management to quantitatively measure “risk at an advisor level” and the underlying causes of that risk using a comprehensive list of factors.
Clients are using AdvisorRisk not only for evaluating compliance performance but advisor performance, utilizing AdvisorRisk to determine a risk-adjusted view.
Please note that Retail Compliance Server is a pre-requisite for AdvisorRisk. Retail Compliance Server 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 is also a provider of subject matter expertise and software modules in the financial and compliance space for NexJ Systems, an innovative customer relationship management solution provider to the financial services market.
For more information or a product demonstration, contact:
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