OUTSIDE BUSINESS ACTIVITIES: CAPABILITIES
Hallmarked by robust automation, end-to-end workflow management and FINRA-filing capabilities, Outside Business Activities enables centralized management of OBA disclosures, attestations and amendments, reducing review time and streamlining communication.
Streamlined
UX
User-friendly interface guides reps through the request submission process, identifying specific documentation that must accompany the request. Provides access to current U4 record and enables online editing and the creation of new disclosure submissions. View current status of all OBA requests based on assigned permissions.
FINRA
Integration
Direct integration with FINRA Web EFT facilitates online filing and reconciliation of U4 amendments, making RegEd the nation’s highest volume FINRA Web EFT filer.
Advanced
Workflow
Requests are automatically routed to the appropriate supervisor based on the firm’s specific hierarchy and defined workflows. Submitted requests can be tracked and approvals, adverse responses or other communications are logged. Automatic email notifications alert and remind task holders to take the next appropriate action.
Best Practice
Compliance Content
Leverage turnkey questionnaire content developed by RegEd subject matter experts as the basis for your own questionnaire. Content maps to regulatory requirements and established industry best practices. Learn more.
Audit
Trail
Records the full chronology of each request, enabling all stakeholders to identify when the OBA was filed and disclosed to FINRA, and initiate supervisory review activity, reducing potential FINRA exam findings resulting from late filings. Audit history identifies changes to an existing activity that may affect an approval decision.
Outside Business Activities is the top solution choice among broker-dealers and a reason why RegEd is the nation’s highest volume FINRA Web EFT filer.
OUTSIDE BUSINESS ACTIVITIES: RELATED RESOURCES
Content covering the latest news and best practices for managing outside business activities and conflicts of interest, from industry and RegEd subject matter experts.
ARTICLE: SEC-Compliant Electronic Storage and Designated Third-Party Services
This article discusses how firms are required to maintain electronic records in a format that complies with SEC rules and how they can leverage RegEd’s electronic recordkeeping capabilities to comply with these requirements.
CELENT REPORT: Keeping a Grip on Employee Conduct and Conflicts of Interest
This report, authored by Neil Katkov, PhD, Head of Risk and Compliance at Celent, provides an overview of the current landscape, as well as the best practices, processes and technology that leading firms employ to optimize compliance and reduce risk.
VIDEO: Enterprise Gifts, Gratuities and Contributions Management
This video provides an overview of RegEd’s Enterprise Gifts, Gratuities and Contributions Management, the industry’s most advanced software solution for managing the submissions, approvals and tracking of gifts, business entertainment, non-cash compensation and political contributions to readily identify conflicts of interest.
WEBINAR: Keeping a Grip on Employee Conduct and Conflicts of Interest
This webinar features an expert panel that offers insight into important industry trends, best practices, and what organizations should do to minimize non-compliance risk.
OUTSIDE BUSINESS ACTIVITIES: RELATED SOLUTIONS
Complementary solutions to power your compliance and credentialing program – all on a unified enterprise platform.
GIFTS, GRATUITIES & CONTRIBUTIONS
RegEd’s Enterprise Gifts, Gratuities and Contributions Management is the industry’s most advanced software solution for managing the submissions, approvals and tracking of gifts, business entertainment, non-cash compensation and political contributions to readily identify conflicts of interest.
PERSONAL SECURITIES ACCOUNT MANAGEMENT
RegEd’s Personal Securities Account Management automates the management of personal trading activities, so firms can have confidence they are embedding best-practices in their compliance program.
POLICIES & PROCEDURES MANAGEMENT
RegEd’s Policies & Procedures Management solution enables comprehensive, end-to-end administration and oversight of all elements of the firm’s policies and procedures.
BRANCH AUDIT MANAGEMENT
Plan, schedule, conduct, resolve and report on branch audits. The solution significantly reduces manual processes, while enabling firms to effectively identify and remediate areas of potential risk before they result in non-compliance risk.
CONTACT US
Schedule a personalized consultation with our solution and subject matter experts. We’ll provide an overview of how RegEd’s enterprise platform enables our clients to improve efficiency, effectiveness and transparency across the enterprise.