Products
Products
FinWebTech’s products are geared towards the financial services industry with Catalyst being its premier and flagship product.
Catalyst is an Automated Compliance Solution designed to give compliance officers a 360 degree view of their firm’s compliance program while simultaneously identifying and managing risk.
Catalyst provides firms with a complete suite of tools designed to automate transaction monitoring and enhance compliance programs. These tools includes transaction monitoring for AML, Trading, and Risk, Customer Risk Rating, Supervisory Controls and Task Management, Trade Blotter Management, Advisory Rules, Document Repository and Reporting.
Catalyst is a highly customizable application that meets the firm’s unique business and risk. Catalyst can be used in firms that have a centralized supervisory structure where supervision is conducted from the OSJ; or a vertical supervisory structure where supervision is conducted from the field such as branch office managers. Catalyst is an evolving application with new tools and features being added with the goal to be an ‘all in one’ application for the industry.
Catalyst was designed by Compliance for Compliance.
Catalyst Tools
Catalyst provides firms with a complete suite of tools designed to automate transaction monitoring and enhance compliance programs.
Trade Surveillance
Catalyst’s rules engine is customizable to meet the firm’s unique business and risk, to alert on securities transactions that break the firm’s compliance protocol for suitability warranting further review.
Suitability / Reg BI
FINRA’s suitability rule 2111 and Regulation Best Interest require firms to document rationales behind complex transactions and strategies. Catalyst allows firms to create this documentation within the application for easy review and approval.
Advisory Rules
Catalyst provides investment advisory rules to help firms manage their advisory and Regulation Best Interest obligations. These include rules such as reverse churning and conflicts pertaining to commissions in advisory accounts.
Dashboard
Catalyst’s dashboards provide quick and easy view of today’s to do items including tasks and alerts due for compliance users. The C-level dashboard gives an overview of user alert and task completion.
Know Your Customer
Catalyst’s onboarding tool allows firms to document the customer onboarding process to know your customer, and maintain centralized notes. Firms can also upload customer documentation to centralize information for easy access.
AML Surveillance
Catalyst’s rules engine is customizable to meet the firm’s unique business and risk, to alert on money movement transactions, and high risk customers that are AML red flags warranting further review.
Risk Assessment
Catalyst’s risk rating module allows the firm to rate clients easily based on the firm’s risk rating methodology, and translate these customer ratings into to risk-based rules for continuous surveillance for AML.
Audits & Investigations
Catalyst’s audit function allows firms to create and document audits on Know Your Customer reviews, AML trends and adhoc audits as needed. Investigations are documentary modules designed to document escalated suspicious items.
Reporting
Catalyst’s reporting module allows firms to produce reports–available to management, auditors and regulators. Reports include alert resolution, supervisory control audit trails, and trade blotters.
Document Library
Catalyst’s document library allows firms to upload and share documents such as written supervisory procedures, compliance forms and documents across the firm in a centralized location for easy access and updating.
Case Management
Catalyst provides case management tools to document alerts, tasks and trade blotter reviews. Case management includes document uploads, task assignment and more.
Trade Blotter
Catalyst’s trade blotter management allows firms to effectively and efficiently manage their trade blotter reviews in a centralized or vertical supervisory structure with complete profile information including transaction monitoring alerts.
Supervisory Controls
Catalyst’s task management allows firms to create recurring tasks for managers and track task completion. The task management system also allows users to send adhoc tasks from modules within the application.
Data Integration
Catalyst is data agnostic where it can process multiple data feeds and aggregate them in Catalyst under one rule base and one trade blotter review to standardize firms with multiple feeds.
Catalyst Brochure
Browse our current product brochure for more information on Catalyst. This brochure can be saved as a PDF, emailed, printed and shared.