Investment Suitability: The Rise of Robo-Surveillance
About this white paper
Global financial regulators have sharpened their focus on consumer protection. All over the world –and particularly since the global financial crisis – pressure has increased on financial advisers and asset managers to demonstrate that the products they recommend and sell match their clients’ needs and their attitudes to risk. This regulatory trend presents a serious ongoing challenge to private banks and wealth managers both to implement processes and systems capable of meeting the regulatory requirements and to demonstrate that they are fully compliant with the suitability rules.
This paper sets out the major practical aspects of investment suitability that private banks must focus on and describes the principal features of a “best practice” technology-led approach to addressing them. The goal is to provide a template for a scalable set of automated tools that will enable firms to comply with the regulations on investment suitability – and that they can easily and quickly demonstrate such compliance to regulators and clients.
Please fill in the form below to download the white paper.