CCO Companion supplies funding advisers with the data and sources they should fulfill even probably the most difficult regulatory and compliance necessities. CCO Companion’s wide selection of sources may also help you navigate your hardest compliance duties.
Table of Content
FEATURES OF THE APP
- Testing Instruments
The app has a testing folder in its instruments part that incorporates a Compliance Testing Plan template which is pre-loaded with all checks which might be discovered within the Testing library. These checks are damaged down by the Compliance Matter. For higher specificity, they’re damaged down by the Compliance Sub-Matter.
- The Reference library
The app has a Reference Library which gathers the regulatory and the compliance info from all of the important sources. The CCO Companion app is made distinctive by the truth that earlier than any doc is added into the Reference Library, it’s at first analysed by an compliance skilled with related expertise for a similar.
- Danger Evaluation characteristic
Every funding adviser has to conduct a danger evaluation yearly. They use the various danger identification questions and likewise potential compliance dangers that are listed within the latter Danger library. These additionally assist to entry the templates of a number of danger administration to assist the consumer of the app attain their danger evaluation obligations.
- Compliance Testing
Among the many most difficult duties that faces an funding adviser is the flexibility to implement compliance testing plan totally. The CCO Companion app makes the method of testing easy by means of breaking down above 800 forensic, normal and transactional compliance checks into given compliance matters.
- information & alerts
Information & Alerts retains the consumer at the forefront of the compliance info by means of giving direct feeds from the important thing regulatory authorities similar to SEC.
utility Relevance: The app ensures that every doc is first reviewed by the compliance skilled in addition to assessed for significance. If the doc is taken into account related, then it’s added into the Reference Library.
Examination Readiness: The CCO Companion has the SEC doc request letters that cowl all of the areas and varieties of examinations -sweep normal, presence- which will be accessed for the preparation for the SEC examination which is inevitable.
Comprehensible: The CCO Companion app is easy to make use of as it’s based mostly across the 15 compliance areas which might be most typical. The app additionally supplies the data from every related supply of compliance, and this contains the No-Motion Letters, SEC Releases, Speeches Enforcement Actions and the Compliance Danger Alerts.
Utility: With there are lots of compliance checks, lists of potential compliance dangers, danger identification questions and likewise compliance coaching materials, the CCO Companion could assist one to fulfill all their main necessities of compliance.
Customization: CCO Companion permits a consumer to import their very own compliance paperwork.
- The appliance lacks any severe demerits other than some few instances of opinions complaining of the CCO Firm not engaged on their iPads
With its nice options and efficiency the app is certainly value every penny. The app encompasses a free obtain on iTunes however a consumer ought to Buy a 6-month an auto-renewable subscription for $299 or a 12-month subscription for $499; which presents a 17% saving.
CCO Companion presents the funding advisers with all the data and the sources that they require to fulfill their regulatory and compliance necessities which might be most difficult. The options of the appliance make it very efficient I efficiency and anybody who wants to make use of it shouldn’t hesitate to get it on free obtain from iTunes.