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HedgeOp Launches ComplianceTrak Adviser Platform, Enhancing Compliance Functions for RIAs
New Web-Based Software Application Helps Investment Advisers Meet Adviser Act Requirements
| Source: HedgeOp
NEW YORK, NY--(Marketwire - May 18, 2009) - HedgeOp Compliance, LLC, the leading provider
of specialized compliance software and consulting services for asset
managers, today announced the release of the ComplianceTrak Adviser
Platform, a tool designed to help small and mid-size registered investment
advisers meet the continually evolving demands of today's regulatory
environment. The ComplianceTrak Adviser Platform is a powerful workflow
tool that enables managers to meet their compliance requirements and
achieve operational efficiency. The ComplianceTrak Adviser Platform uses
the same technology and approach of the larger ComplianceTrak Platform
(which is a patented workflow tool designed for hedge fund managers).
"A critical aspect of any investment advisers business is the ability to
comply with Investment Adviser Act requirements, which continue to evolve
as mandated by current market conditions," said Bill Mulligan, CEO of
HedgeOp Compliance. "With ComplianceTrak Adviser, traditional RIAs can now
leverage a multitude of tools and robust compliance functionality to
fulfill their compliance infrastructure and demonstrate a culture of
compliance to investors and regulators."
The ComplianceTrak Adviser Platform's dashboard serves as the centerpiece
of a manager's compliance infrastructure. Functionality such as
instantaneous access to an interactive compliance calendar, Code of Ethics
tracking, and reporting capabilities, enable compliance officers to monitor
and report on compliance responsibilities simultaneously. Fully integrated
with programs such as Outlook, Excel and PDF, the system serves as a
simplified way to track activities and document the compliance process.
The ComplianceTrak Adviser Platform was built using the latest Microsoft
.NET technology and provides a cutting edge solution that is hosted at a
secure world-class data center. The Platform provides the ultimate end-user
experience, requiring no software or hardware installation, and contains
instructional and regulatory help text for end-users.
For a full description of the ComplianceTrak Adviser Platform, please
visit: http://www.hedgeop.com/ComplianceTrakAdviser.aspx or contact Ben
Weiner at (212) 515-2858 or bweiner@hedgeop.com
About HedgeOp
HedgeOp Compliance, LLC focuses exclusively on helping investment managers
meet their compliance, operational and due diligence challenges. HedgeOp
has developed a successful business since 2001 based on its proactive
approach to servicing clients and proven reputation. Clients range from
start-up managers to large firms with well-established track records.
HedgeOp's business lines include specialized compliance consulting
services, our patented ComplianceTrak™ software, and due diligence
research and operational due diligence reporting for fund of funds and
other institutional investors. For additional information please visit
www.hedgeop.com or contact Ben Weiner at (212) 515-2858 or
bweiner@hedgeop.com.