When to Hire a Third-Party Compliance Consultant Webinar

BasisCode CEO, Carlos Guillen, recently moderated a webinar hosted by the National Society of Compliance Professionals (NSCP) which brought together leading compliance professionals and consultants who shared insights on how to best utilize compliance consultants. The expert panel explored issues regarding when to hire a third-party compliance consultant; what types of work can be done; how to evaluate consultants; and differences between a fully-outsourced consulting relationship versus project support.

We invite you to listen to the NSCP webinar below.

Focus 1 Associates Joins BasisCode Advisory Council

MEDFORD, Ore. and ATLANTA, Aug. 6, 2018 /PRNewswire/ — Focus 1 Associates LLC (Focus 1), specializing in assisting registered investment advisers with their compliance needs, has joined the BasisCode Advisory Council.

BasisCode Compliance LLC (www.basiscode.com) is a leading provider of regulatory compliance software solutions. The advisory council consists of leading compliance consulting firms that provide input for the continuing development of BasisCode’s award-winning Compliance Consultant Manager software platform. (more…)

Can Regtech Firms Build a Higher Standard of Compliance?

Originally written by Rhea Wessel – CFA Institute – Can Regtech Firms Build a Higher Standard of Compliance?

As compliance challenges grow more complex and failures more costly, managers need new solutions, but technology can’t replace integrity.

Key Points

  1. Regulatory technology, or “regtech,” is being used to automate workflows for monitoring and disclosure.
  2. Transparency and disclosure will be important for future business models, according to a recent CFA Institute report.
  3. “Instead of putting the regulation first, put the ethical conduct that your client expects first,” says Glenn Doggett, CFA.

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Protecting Compliance From The Meltdown / Spectre Issue

BasisCode has been working on the Meltdown / Spectre issue from the moment of the announcement.  In our testing environments, we have applied all OS updates and other necessary software updates including Antivirus and SQL Server.  We have completed our testing and will be applying these updates to all production environments by January 21st.

 

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