GREENWICH, Conn.--(BUSINESS WIRE)--Financial Tracking Technologies, LLC, announced today the launch of a new compliance module for detecting trade parking. “Designed for money managers, mutual funds, broker/dealers and hedge funds, this robust tool can be used to automatically analyze trading across multiple accounts and with counter parties and signal when unlawful activities occur,” said Doug Levy, a product manager at the company. Trade Parking will flag trading schemes that may be harmful to some clients while benefiting other clients, with or without counterparties, and designed to avoid fiduciary duties and compliance policies and procedures. “The online tool is available as part of the investment operations compliance module, the industry’s leading solution that protects against the SEC’s recent data driven enforcement activities,” Levy said.
About Financial Tracking Technologies, LLC
We’ve got compliance covered. Financial Tracking Technologies, LLC markets the only all-in-one compliance platform for the global investments industry. We serve the most clients in automated compliance solutions that enable regulatory protection and operating cost cutting. Clients include regulators, broker-dealers, mutual funds, money managers, hedge funds and public companies. FTT has earned the trust and commitment from some of the world's most renowned, top tier clients who have found FTT's patented compliance multi-tools to exceed the performance of our competitors. Our responsiveness and client support are unmatched and our staff is equally as committed to service excellence. Risk and compliance multi-tools also offered a la carte. Visit us at www.financial-tracking.com