Relavance FINSOFT (Work in Progress)


Trading companies typically have multiple trading software platforms in use. A major issue for compliance is there is no cross platform compliance software- a trade may begin in one software and finalize in another.
Relavance FINSOFT solution gathers all trade data from all software, can connect to all the various protocols and codes, and can aggregate all the data into one data warehouse.

A user interface allows one to do historical research such as trade search, and can integrate and use algorithms to evaluate for wash trades, snake trading etc. The compliance officer is then alerted to potential risks and can analyze deeper into the data, delegate to others to do research, then make a determination on the results.

The main points are:

1. Follow the real-time transactions of multiple Trading systems and monitor the flow between these systems
2. Intuitively seek any type of order
3. Simplify the audit for all changes
4. Enable Alerts and configure them in real time, alert use algorithms to evaluate for wash trades, snake trading, etc. The compliance officer is then alerted to potential risks and can analyze deeper into the data, delegate to others to do research, then make a determination on the results.
5. Document the alerts through a process of validation.
6. Graphically view relevant information.