Tag: Financial Services

Canadian RegTech Awards 2017

InvestorCOM Wins Best Wealth Management Regulatory Solution Award

InvestorCOM secures its second CRTA win in three years. InvestorCOM, a leading regulatory software provider to the wealth management industry, announced its platform was named the Best Wealth Management Regulatory Solution winner in the 3rd Annual Canadian RegTech Awards (CRTA). The Best Wealth Management Regulatory Solution award recognizes a solution used by wealth management firms […]

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DOL Fiduciary Obligations & SEC Guidance

On October 31, 2023, the Department of Labor (DOL) proposed a new rule aimed at “Improving Investment Advice for Workers & Retirees”. InvestorCOM hosted a webinar, with the wealth industry’s most trusted and seasoned experts, to discuss this new proposal. Prior to the webinar, InvestorCOM asked our webinar attendees the following poll questions. Here are the results.

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NSCP 2023 Recap

The third week of October 2023 marked a momentous occasion for me. It was my first ever attendance at the National Society of Compliance Professionals conference, and I must say, it did not disappoint.

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Technology Automation or Augmentation?

The Forces of Technology: Automation and Augmentation We are starting to see the signs of a major technology shift in wealth management that is being driven by two factors: automation and augmentation. Automation refers to the replacement or total disruption of human tasks and processes, while augmentation is about enhancing human expertise — such as […]

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Solutions for Client-Focused Reforms

  With the recent publishing of new Client-Focused Reform regulation, advisors and dealers are challenged with a new compliance obligation.  Our IE article this month provides some background on the reg and strategies to remain compliant. With the recent publication of new client-focused reforms (CFRs) on Oct. 3, advisors may be considering how they will meet yet […]

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Overcoming the Digital Transformation Challenge

Greg Satell’s article does a great job of identifying the challenges of digital transformation. He begins by referencing McKinsey’s highly discouraging estimate that only 1/3 of all digital transformations succeed. It is one of the highest priorities for every financial services organization, yet success is surprisingly elusive! The article’s focus on people vs. technology is […]

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Reducing Regulatory Burden

This recent G+M article provides a good summary of the Regulatory Burden Reduction initiative that the OSC and other CSA partners have initiated. As the article states “burden reduction and investor protection can be mutually compatible”; however, careful consideration is required to ensure that investor protection is maintained while removing compliance friction from the investment […]

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Digital Transformation – winning the 4 fights

This McKinsey & Co. article “Digital Strategy – the Four Fights you have to win” is an excellent summary of the digital hurdles that lurk in many organizations.  As we join our clients on their digital journeys, we see examples of these 4 fights around every corner.  The article talks about the risk of incrementalism – […]

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E-advisors Outperform their Rivals by 40%

Does the role of technology simply reduce costs and increase productivity?  A recent report by Fidelity Clearing indicates that there are bigger benefits – including 42% higher AUM and 24% higher compensation for e-advisors (tech-savvy) – this report is an important read and sheds some new light on the value of technology in the advice […]

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