The surveillance system provides trade and account-based compliance reviews
Ziegler Wealth Management, a US-based regional broker-dealer, is using SunGard’s Protegent Surveillance system for company-wide compliance, surveillance and regulatory processing.
Protegent Surveillance provides trade and account-based compliance reviews that give firms an enterprise-wide view of compliance performance and helps enhance firms’ ability to assess risk.
Ziegler Wealth Management rolled out Protegent Surveillance to approximately 100 of its financial advisors, regional sales supervisors and branch managers in an ASP environment within an eight-week timeframe.
Mike McLaughlin, chief administrative officer of Ziegler Wealth Management, said: We needed a tool that could accommodate our hierarchical structure and grow with us as our needs change.
SunGard’s Protegent Surveillance is a comprehensive solution that can be used effectively by branch managers, supervisors and advisors, and provides a holistic view of activity and risk across our Wealth Management division. Protegent helps keep us up to date on the latest rules and regulations and automatically incorporates them into the software.
Steve Sabin, chief operating officer of Protegent business unit at SunGard, said: Today’s smaller firms need to have access to proven compliance and supervisory tools to help them assess risk quickly, increase productivity, and keep up with the regulatory landscape. As an ASP-based solution, Protegent helps both large and small firms obtain the compliance tools and reliability they need without the long implementation timelines and resource overhead.”