US-based institutional asset manager with c.US$150bn in AuM.
The client wanted to add bandwidth to the compliance team to monitor and update all existing guidelines and code new equity accounts.
Based on a detailed understanding of the client’s technology stack, SG Analytics adopted the following multipronged solutions:
We deployed a team of two investment compliance analysts. Both analysts had 3-5 years of relevant experience in guideline coding and monitoring.
The team identified gaps and subsequently updated all rules.
Our analysts reviewed all investment agreements, prospectus, and the rules coded in contravention of these documents.
We took over coding of all new equity accounts within three months of the engagement kick-off.
SG Analytics team reviewed c.1,200 accounts that had not been reviewed by the client during the past three years.
Reduced turnaround time for new equity accounts coding by c.30%.
Enabled onshore compliance teams to focus on higher value-add activities.