Compliance Shield helps both advisers and compliance officers by providing automated data capture at the point-of-sale. It seamlessly integrates in to the existing client sales-process, and creates date-stamped copies of the compliance documents provided. There’s no need for the adviser to change their business practise and keep archived copies or actively submit documentation.
The system automatically sends copies to a secure electronic warehouse, allowing for real-time remote auditing by the company’s compliance officer at any time. The system is also capable of identifying high-risk cases and delivering management information reports on point of sale activity. It is available for £10 plus vat per user per month.
Commenting on the product, Bill Safran, joint managing director at Trigold, said: “Compliance Shield eases the dilemma of regulation by minimising the changes to the client sales-process and reducing the number of time-consuming office visits. It’s an effective and simple way of protecting your company against the risks of non-compliance, with minimum effort, maximum benefit and little cost.”
