La Meer Inc. based in Silicon Valley CA offers web based risk management software solutions and consulting for financial services. Our solutions and services incorporate best practices and requirements from the latest global regulatory changes including Dodd Frank Act, Basel III, AIFMD, FATCA, AML, and AIMA.
Our specialized GRACE suite of products address the needs of operational risk management, operational due diligence, compliance management and regulatory filings in banks, alternate investments, pensions, endowments, fund of hedge funds, wealth management and broker-dealer segments. They help you institutionalize risk management and establish "Culture of Compliance" to address regulatory examinations and create assurance for your investors.
Additionally, we offer consulting services in Risk Assessments, IT Risk assessments, Cyber security assessments, as per the requirements of SEC.
GRACE Broker-Dealer's Newly added Outside Business Activity Monitoring Module
GRACE Broker-dealer's Branch and Rep Monitoring module offers easy verification and alerts on outside activity information of Reps' Companies, Bankruptcies, Debts, Court Liens and Judgments, Criminal Violations, Convictions and Arrests, Presence in sanctions lists through data loaded from our data providers on an automated basis. Its user friendly interface helps you identify and red flag representatives that may be involved in suspicious activities.
GRACE offers Rep's Personal trade monitoring through automation and aggregation of trades from the various discount brokerages like Schwab, Fidelity,TD Ameritrade and others where Reps have their personal accounts. Automated alerts against restriction lists and trade reviews for outliers can help red flag trades and identify conflicts on a daily basis.
GRACE helps conduct Periodic Branch and Rep audits to ensure the policies and procedures of the firm are being followed with respect to client management, marketing, advertising, privacy of client information, client complaints and other processes to red flag issues in Branches and reps that can be identified and mitigated early
GRACE provides Training and Attestation functions to ensure Branch Personnel & Reps are made aware of the latest policies and procedure and vouch their understanding to ensure compliance
The powerful GRACE dashboard with drill down to details can help supervisors manage the red flags as soon as they appear to ensure early corrective action.
The web based GRACE is a powerful tool that can help monitor and manage branches and reps and establish "Culture of Compliance" with strong supervisory processes to align with FINRA's expectations. GRACE can help you manage this process comprehensively, effectively and efficiently and save you dollars in regulatory fines and reputation risk that a few bad apples could create for your organization.