Wondering about the opportunities and challenges around digital asset adoption for investment advisory firms? Get our insights here.
How can AI benefit organizations in regulated industries? Put trust at the center of your AI strategy to transform your data into actionable intelligence.
Need help navigating the complexities of tokenization and automating KYC? Get the expert advice of our guest bloggers here.
Struggling to overcome distribution obstacles in Europe as a U.S. investment manager? Let us guide you through this tough terrain.
Wondering how the new DOL PTE 2020-02 requirements apply to investment advisers already acting as fiduciaries? Read on.
Struggling to maintain and implement a policies and procedures manual that's specific to your RIA business? Get help here from our special guest author.
Get advice for ethically developing and implementing AI projects that make work more fulfilling and build trust with your clients.
Realize the value of building AI-driven fintech and regtech solutions and get practical advice for starting your own AI project.
Learn about major pitfalls investment advisers should avoid when using compliance technology and practical implementation strategies.
by Lucy Lee
Financial technology or fintech for short is extremely beneficial for businesses due to its widespread utility. It refers to software, algorithms, and applications that are used on desktop and mobile platforms. These are used to manage investments, deposit checks, move money across accounts, and make payments. Without being aware of it, almost all consumers use fintech on a daily basis. However, it also provides many benefits to businesses for back-end and front-end processes. For instance, Bo J. Howell explains how automation has lowered transaction costs for investors, such as zero-fee ETFs, giving some businesses a competitive edge. In addition, it gives investors more options for managing their assets. It is also helping business in many other ways:
Foreword by Dina Tantra:
As we all continue to navigate the choppy waters of the global pandemic, managing and mitigating risk is yet another cause for sleepless nights. Our guest blogger, Charlene Aldridge, CEO of Aldridge, Kerr & Associates, helps us to approach this through "Doable, Chewable Chunks
®." Charlene walks us through the way to identify, evaluate, prioritize and mitigate risk. Charlene's boutique firm assists clients with operational needs through optimizing process and procedures.
There are many aspects to compliance and from time to time, I like to bring in complementary experts to share their perspectives and knowledge. This week, I’m delighted to have Michael Williams from Clym (pronounced like “climb”) tell you more about data privacy on your website and an important new regulation from California that can affect any firm in the country. I hope you enjoy this post. After reading, please contact us or Michael if you think this could be an issue for your firm. – Bo Howell
by Michael Williams of Clym
Here we are, less than one month from the date when the California Attorney General can start enforcing the California Consumer Privacy Act (“CCPA”). Hopefully by now you know if your business must comply with the CCPA, if not, check out our blog post from January—Is it time to overhaul your privacy policy and notice? If your firm is subject to the CCPA and you are not prepared to comply with the law, don’t worry! Joot and Clym have you covered!
