Features of Professional Edition
Administration of Relevant Persons and Closely Related Parties
- Establish a personal compliance account for every person who is to be treated as a Relevant Person within the meaning of MiFID
- Have complete overview on various types of internal and external Relevant Persons
- Maintain the register of companies and persons with close links to Relevant Persons within the meaning of MiFID
- Apply pre-trade clearance procedure for Personal Transactions within the meaning of article 12 of Directive 2006/73/EC
- Check whether entering into certain Personal Transactions should be refused because of access to inside information regarding a particular instrument or issuer
- Maintain records on authorizations and prohibitions in connection with Personal Transactions
- Be informed and maintain records on all Personal Transactions entered by Relevant Persons or persons closely linked to them
- Apply the best industry standards and compliance procedures regarding the handling of price sensitive information as well as information which may give rise to a conflict of interest
- Have a comprehensive overview as to which price sensitive information the Relevant Person has or has had access to
- Have a comprehensive overview as to which particular conflict-of-interest sensitive information the Relevant Person has or has had access to
- Maintain project-specific insider lists in situations where your firm is involved in price sensitive matters (preparation of M&A transactions and other Corporate Finance matters) regarding publicly traded companies
- Maintain a project-specific list of Relevant Persons involved in processing of large orders
- Automatic generation of pre-defined and customizable e-mail templates as part of various internal compliance risk management procedures
- All e-mails generated and sent out by the system are fully traceable
- You will be able to provide each Relevant Persons with controlled access to their personal compliance account so that Relevant Persons will be able to:
- update changes in their personal data
- declare closely linked persons and update changes
- check price sensitive as well as conflict-of-interest sensitive matters where the Relevant Person is or has been involved
- verify the co-insiders on particular price sensitive matters (optional)
- submit pre-clearance applications prior to trading
- declare Personal Transactions on one’s own behalf as well as on the behalf of closely linked persons
- All compliance records centralized in powerful database
- Each record covered by audit trail
- All records available via a powerful report generation engine able to produce a comprehensive list of reports to cover all your internal and external needs
- Fully web-based application which you can run in-house within your own IT infrastructure or host on the server of a reliable service-provider (see INSIDeR On-Demand)
- Most sensitive data fields are encrypted in the system database
- Username and password protected access to ensure that data is available only to authorized users. If requested LDAP or Active Directory integration is available
- Encryption of the traffic between the browser-based client interface and the application by Secure Socket Layer (SSL) technology
- Full audit trail
- Optional availability of additional security methods
