Protect

Preserve, safeguard and document

Your firm, employees and clients all require protection. Oyster Solutions manages the burden for you. The Oyster Solutions platform documents risk, customizes risk tolerance and scores risk based on your firm’s needs. You then have the information to define and measure your controls through policies, procedures and strategic testing workflows.

By defining and quantifying your risk, Oyster Solutions keeps your business and risk mitigation strategies balanced while meeting your regulatory requirements.

“Oyster Solutions will take the compliance program to the next level and provide me as CCO with time to focus on developing more strategic goals for the program and better serve my internal clients.”

–  Current Client

Protect – align, categorize and manage

Workflows that test your risks can then be scheduled in your Compliance Calendar with a frequency based on residual risks. The Oyster Solutions Risk Assessment allows your firm to develop a way sophisticated and easy to visualize risk-based compliance program.

Align – policies and procedures

Often we see firms whose policies and procedures are aspirational or vague, causing gaps in their compliance program. Regulators expect firms to not only have policies to comply with rules and regulations, but procedures that ensure policies are followed. This is where the gap happens.

Oyster Solutions houses policies and procedures, not just for reference, but also to integrate your procedures into the steps of configurable workflows. This ensures that your procedures reinforce the policies you have worked to put in place.

Categorize – define your risk

Risk comes in all shapes and sizes. Risk tolerance varies between firms.

With Oyster Solutions, “risk” doesn’t have to be a four letter word. Risk is easily managed, categorized, scored and charted.  Easy-to-read dashboards give transparency and definition to your firm’s risk management.

Organize – map to products, lines of business, regulations, procedures or workflows

Incorporate multiple manuals or use the Oyster Solutions entitlements engine to create one program that gives each user the applicable information needed to complete their job. Our entitlements process allows you to have detailed desk procedures, supervisory procedures, testing procedures and surveillance procedures all in one place, so you have a clear understanding of your organization.

Below is a sample selection of workflows:

AML Compliance

Annual Compliance Review

Best Execution Testing

Compliance Investigation

Conflicts Inventory

Political Contribution Report

Pro-Rata Review

Recordkeeping Annual Review

Solicitor Due Diligence

Vendor Request

 

 

eBook

Learn how Oyster Solutions creates a modern, effective compliance program that protects your firm and provides value.

Download

Our Process

Step 01

Discover

We listen to your goals and priorities. We create transformative change by inviting a two-way discussion.

Step 02

Plan

We customize your project by creating a scope and timeline to deliver the best experience for your team.

Step 03

Implement

Oyster maintains consistent communication to monitor and reinforce project goals while completing project deliverables.

Step 04

Deliver

Whether your need is ongoing consulting or project based, Oyster will deliver a quality product that encapsulates your goals and expectations.