Investment Firm Implements Wolters Kluwer Software
EK Riley Investments, a Seattle-based investment firm, implemented the Policies and Procedures for Broker-Dealers software platform from Wolters Kluwer Financial Services. The product assembles, records and updates broker-dealer written supervisory procedures manuals required by regulators, and helps firms comply with the regulations of the Financial Industry Regulatory Authority (FINRA), the New York Stock Exchange (NYSE), the Municipal Securities Rulemaking Board (MSRB), the Securities and Exchange Commission (SEC), and USA Patriot Act, Wolters Kluwer said. “Using this technology, we have been able to compile our policies and procedures manual in a fraction of the time it would have taken to research and write it manually,” said Alexis Vanden Bos, chief compliance officer at EK Riley Investments. “The updating support it provides will become even more valuable as we face one of the industry's dramatic periods of regulatory reform, consolidated oversight, and rapid changes in regulation,” she added. Write to Austin Kilgore.