RegTech ACA Compliance Group has launched a mobile app version of its ComplianceAlpha platform to boost risk and compliance management for remote workers.
The idea is that the app will give financial services firms access toa an accessible on-the-go hub for compliance management, communication, resources, thought leadership, and future ComplianceAlpha functionality.
“Regulators across the globe are scrutinising how firms are addressing Covid-19-related risks, issues, and challenges, including their business continuity planning (BCP), operational resilience, insider trading surveillance and market abuse detection, and code of ethics policies and procedures,” said Jordan Schwartz, partner at ACA.
“With many firms working from home, both compliance officers and employees need an easy and effective way to meet their regulatory obligations remotely. We’re excited launch the ComplianceAlpha mobile app and provide our clients with a solution that puts compliance at the fingertips of each employee.”
The app is available on iOS and Android devices. ACA’s ComplianceAlpha mobile app will enable users to manage requests and disclosures for trades, gifts and entertainment; receive push notifications for important company information and urgent alerts; and access documents in one place, including company documents and compliance policies and procedures.
“With competing regulatory focus areas requiring vigilant oversight and cost pressures being higher than ever, it’s imperative that compliance becomes easier and more efficient for employees and compliance staff alike,” said Raj Bakhru, chief innovation officer at ACA.
“ACA’s ComplianceAlpha mobile app helps make compliance more accessible and convenient by modernizing the experience. It will serve as a key component of ACA’s RegTech solutions suite going forward, as well as the future of how compliance officers interact with ACA.”
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