Portfolio Manager & Exempt Market Dealer KYC Management Software
How well are you managing KYC, KYP and Suitability Obligations?
In January 2014, Staff Notice 31-336 was issued to provide Portfolio Manager (PM) and Exempt Market Dealer (EMD) firms guidance on their Know Your Client (KYC), Know Your Product (KYP) and Suitability Obligations (SO).
CSA Staff Notice 31-336 makes the priority clear, “KYC, KYP and Suitability Obligations are among the most fundamental obligations owed by registrants to their clients, and are cornerstones of our investor protection regime.”
The Ontario Securities Commission (OSC) has also warned PMs and EMDs about KYC, KYP and Suitability compliance deficiencies on a number of occasions. Most recently, the OSC’s September 2015 Annual Summary Report Staff Notice 33-746 noted that KYC deficiencies were once again a significant compliance problem facing EMDs.
At GlobalView GRC we understand the collection, storing, maintaining, reviewing and updating information to fulfil the KYC, KYP and Suitability Obligations of CSA Staff Notice 31-336 is often a difficult and cumbersome task. But, it doesn’t need to be and it's the reason we developed our Portfolio Manager and Exempt Market Dealer (EMD) KYC software.
The GlobalView GRC KYC management software is designed to provide fast and easy KYC compliance to Portfolio Managers & Exempt Market Dealers, at an affordable cost.
Our Portfolio Manager and Exempt Market Dealer (EMD) KYC software is designed for the easy collection and retention for all your customer's pertinent KYC information. Management features such as the ability to set annual review reminders and store all applicable documents with expiry dates with our integrated Document Management system means the GlobalView GRC KYC Management solution makes meeting regulatory requirements simple.
Most importantly, with GlobalView GRC all your customer's KYC information is available, and readily accessible, when needed for your staff and regulatory auditors.
Contact GlobalView GRC to learn how our KYC management software can make compliance to CSA Staff Notice 31-336 easier.
