Now that a significant portion of the DOL Fiduciary Rule has taken effect, establishing an enterprise-wide approach to compliance and risk is more important than ever. Advisory firms must be able to show regulators and clients that their advisors are always working in the best interest of investors.
With MMxCHANGE, advisors can create their own Private Exchange to design a custom investment strategy by business segment, OSJ or advisory group. The result is a fully customized platform that enhances compliance and offers firms and their wealth managers unprecedented levels of control:
Tailored solutions – Choose and pay for only the products and managers that fit your firm’s approach to compliance and risk appetite.
Full integration – Integrate the digital marketplace into your current platform to seamlessly track, monitor, document and report compliance details on every transaction and client interaction.
Total transparency – Unbundled architecture and pricing saves money and makes it easy to show how costs are being controlled and how fees are calculated. With MMxCHANGE, compliance is no longer a reactive exercise. The platform empowers advisory firms to set a proactive risk mitigation strategy at the senior-most levels and execute that strategy with every manager, product, client and transaction.
MMxCHANGE is shaping the future of digital investing compliance.
To discuss your compliance challenges and opportunities in light of the new DOL Fiduciary Rule, contact us today.