MyComplianceOffice Awarded Best Solution in Conduct Risk Management

Singapore/Hong Kong, 9 December 2021 – MyComplianceOffice has been awarded Best Solution in Conduct Risk Management in the 4th Regulation Asia Awards for Excellence 2021 at an online ceremony on 9 December 2021.

MyComplianceOffice (MCO) was recognised for its compliance management platform, which allows firms to monitor and manage conflicts of interest and conduct risk within their organisations. The platform can be fully integrated with a firm’s workflows and processes, enabling it to use security master datasets to monitor for and identify potential misconduct in deals, loans, research, trading, and other activities. 

The platform covers employee compliance monitoring in relation to personal account dealing and conflicts of interest, third party due diligence and risk management, and trade surveillance and suitability monitoring, while also being able to detect conflicts that occur during the life cycle of investment banking or private transaction deals. It also offers a tool to streamline and automate the management and evaluation of ESG data to highlight risks and identify appropriate disclosures.

“MCO provides unique integration of disparate conduct risk components in a single cohesive platform and advanced reporting, providing a practical solution to help firms address risks emanating from within their organisations,” said a judge on the awards panel. “The ability for firms to customise different workflows like approvals and attestations and automate these processes helps firms gain both efficiency and peace of mind.”

Over 450 financial services firms in over 100 countries use the MCO platform, including major banks and asset managers in Singapore, Japan, the EU, US and UK. Its largest client uses the MCO platform to manage more than 60,000 employees.

About the Regulation Asia Awards for Excellence 2021 

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help to ensure the highest standards for regulatory compliance are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the award 2021 winners, visit www.regulationasia.com/awards.

About Regulation Asia 

Regulation Asia is the leading source for actionable regulatory intelligence for Asia Pacific markets. With over 12,000 subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda. 

Visit www.regulationasia.com or connect via LinkedIn or Twitter. 

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