Monitor daily changes to structure, features, risk, and costs of funds, ETFs, stocks, and bonds (per Client Focused Reforms – NI 31-103).
To protect investors, securities regulators enforce Know Your Products (KYP) rules for dealers and advisors to ensure that investment strategies satisfy suitability obligations. These are considered principal responsibilities by both dealers and advisors and a cornerstone of the investor protection regime.
PA Monitor satisfies dealer and advisor obligations to monitor approved product offerings for significant changes in structure, features, risks and costs as mandated in the CSA’s Client Focused Reforms (CFRs) regulations (per NI 31-103). With an extensive list of asset classes and data points to choose from, PA Monitor can be deployed as a stand-alone solution or as a PortfolioAid360 add-on module.
Emails sent to head office users and advisors when changes occur (push notification).
Please contact us for a demo of PA Monitor today.
Highlights
- PA Monitor tracks changes for multiple asset classes including mutual funds, ETFs, stocks, and bonds.
- Head office users see all changes to dealer product shelf, while advisors see only changes to products to client holdings
- Advisors are provided informational data points with each change including number of accounts the product is held in and the AUA that product represents to their book of business. Further drill-down options showcase client KYC details of who holds said products.
- Emails sent to head office users and advisors when changes occur (push notification).
