“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
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.
– Current Client
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.
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.
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.
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.
Annual Compliance Review
Best Execution Testing
Political Contribution Report
Recordkeeping Annual Review
Solicitor Due Diligence
We listen to your goals and priorities. We create transformative change by inviting a two-way discussion.
We customize your project by creating a scope and timeline to deliver the best experience for your team.
Oyster maintains consistent communication to monitor and reinforce project goals while completing project deliverables.
Whether your need is ongoing consulting or project based, Oyster will deliver a quality product that encapsulates your goals and expectations.