CMC:COI (Conflicts of Interest) is an automated solution that helps financial institutions efficiently identify and manage conflicts of interest in real time. The solution supports capture of all potential COI across the entire corporate group structure and line of business. CMC:COI drives proactive identification of conflicts with company policies at their early stages so that remedial measures can be taken. This system follows industry best practice and also allows flexible, customer-specific parameters.
Key Features
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A Web-based front end eases event management
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Pre-clearing functionalities check transactions for collisions with existing events
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Collision Manager monitors and handles identified collisions
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Reporting and Workflow Engine deals with potential conflicts
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Hierarchy Designer maps compliance and reporting lines across the specific group structure
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Business Rule designer creates user-specific collision rules
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Benefits
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Improves control and management of COI
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Allows early recognition of conflicts of interest
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Saves time and money by reducing the number of deals abandoned due to COI collision
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Enables tamperproof record-keeping
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Fulfills statutory COI requirements and protects your firm’s reputation