Today, both Line and Compliance managers share responsibility for ensuring staff compliance with regulations, policies, procedures and controls. This is especially challenging for managers in highly regulated and dynamic industries.

FirmCover®, a powerful compliance management software system, was designed to streamline the process of ensuring that individual employees are informed about specific policies, procedures and controls that apply to them.

FirmCover enables Compliance Managers to proactively and efficiently manage compliance; and, the staff notification/education process. Benefits of FirmCover include:

• Controlled environment for maintaining compliance manuals
  with extensive audit trails of changes and versioning
  
  
• Efficient process for “pushing out” compliance requirements to specific
  impacted employees
  
  
• Affirmation tool for tracking receipt of notification of new requirements
  and employee’s agreement to comply
  
  
• Automatic mechanism for escalating affirmation exceptions to Supervisors
  
  
• Streamlined regulatory examinations
  
  
• Powerful demonstration to regulators that compliance management is important to your firm!

Line Managers via FirmCover are able to proactively and efficiently supervise compliance. Benefits of FirmCover include:

• Accessible resource for all employees needing to understand and
  comply with internal policies, procedures and controls
  
  
• Efficiently evidencing staff agreement to comply with existing
  and new requirements
  
  
• Comprehensive resource for reducing management time spent with
  regulatory examiners and auditors
  
  
• Powerful demonstration to regulators that Management is able to supervise compliance!
  

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To learn more about FirmCover contact FirmCover@btiworld.com or call 1-800-265-8254.