InvestorCOM Wins 2023 WealthTech Americas Award for Innovative Compliance RegTech Product
InvestorCOM’s innovative technology helps financial professionals assess, document and disclose best interest investment and rollover recommendations.
Toronto, ON, February 23, 2023 – InvestorCOM, a leading regulatory software provider to the wealth management industry, today announced that its compliance platform was named the winner in the Innovative Compliance / RegTech Product category by the WealthTech Americas Awards. Sponsored by WealthBriefing, a publication of ClearView Financial Media, the awards program recognizes achievement, top-class performance, and innovation across North America.
The panel of independent advisory boards that judged the second annual awards highlighted that InvestorCOM’s technology had presented an innovative way to compliantly assess, document and disclose best interest investment and rollover recommendations as required by Reg BI’s Care Obligation and the DOL’s PTE 2020-02. This provided a significant time saver for wealth management professionals while lowering the risks associated with compliance breaches.
“We’re delighted that our compliance technology is recognized for the impact it’s making to the wealth industry,” said David Reeve, CEO at InvestorCOM. “We’re seeing widespread and rapid adoption of our technology in the North American market, which reflects the value our software provides firms and financial professionals in meeting their regulatory obligations.”
ClearView Financial Media’s CEO, and Publisher of WealthBriefing, Stephen Harris, was first to extend his congratulations to all the winners. He said: “The organizations and individuals who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations to the winners and to those who have put so much work into each winning submission.”
InvestorCOM’s compliance platform includes several innovative applications to help firms and financial professionals meet their regulatory obligations for Regulation Best Interest, PTE 2020-02 and the Client Focused Reforms:
- PeerCompare for assessing reasonably available product alternatives, making compliant investment recommendations and digitizing the document disclosure and recordkeeping process.
- RolloverAnalyzer offers a single workflow for recommending, documenting and disclosing rollovers.
- AccountCompare for making best interest advisory and brokerage account-type recommendations
- ShelfMonitor for assessing, monitoring and managing the dealer’s and advisor’s product shelf for material change.
- ShelfAnalyzer for assessing the competitiveness of the products on your shelf.
For a full list of WealthTech Americas Award winners for 2023, please visit this link.
About InvestorCOM Inc.
Since 1992, InvestorCOM has been providing regulatory compliance software and communications solutions to wealth managers, asset managers, and insurers. Our high value, intuitive solutions eliminate compliance risk for our clients and foster better financial decisions. For more information, visit www.InvestorCOM.com, email email@example.com or call 1-800-361-9494.
About ClearView Financial Media Ltd (“ClearView”)
ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high-quality ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the WealthBriefing group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events and awards programme.
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