TradeSentry

TRADING COMPLIANCE & REPORTING FOR INVESTMENT MANAGERS

Offering post-trade compliance testing and reporting software solutions for Investment Managers. The platform connects directly to client trading systems providing compliance analysts and traders with timely compliance alerts, risk management workflow tools, and post-trade compliance risk reporting.

BEST EXECUTION
TRANSACTION COST ANALYSIS (TCA)
Compare trade executions to industry standard benchmarks with Markit TCA™

Monitor execution performance by account, broker, or trading venue;
Analyze trading volumes, commissions, and fees for executing brokers;
Create best execution compliance reports for Rule 206(4)-7 annual testing.

ASSET CLASS	MARKIT TCA™ BENCHMARKS
EQUITY	Full Day VWAP Interval VWAP Arrival Price Arrival Price to Close VWAP
FIXED INCOME	EVB End of Day T-1 End of Day T+1 End of Day T-1 through T+1 Average Price
FX	Time-Stamp Mid-Rate 4pm London on Trade Date 4pm London T-1 4pm London T+1

TRADE SEQUENCING
ACCOUNT IMPACT ANALYSIS
Identify side-by-side management issues and evaluate the fairness of order aggregation and trade sequencing procedures. Compare trade executions to internal benchmarks such as volume weighted average price, volume weighted average strategy or model price.

INSIDER TRADING
TRADE PERFORMANCE ANALYSIS
Detect aberrational performance on a trade-by-trade basis and map trades to material market events, earnings announcements, and online news publications.

TRADE ALLOCATION
Compare trade allocations to expected allocations or baseline values for each account. Monitor allocations for fairness to all eligible accounts; identify instances of trade exclusion and potential allocation errors.

MARKET MANIPULATION
Monitor end-of-day, end-of-month, and end-of-quarter trading volumes for each security type, account, or strategy. Detect trading patterns for window-dressing, portfolio-pumping or aggressive trading.

CROSS TRADES
Monitor self-dealing by detecting cross trades, principal transactions, restricted securities, and counter-positions.

SHORT-TERM TRADES
Monitor the frequency of short-term trading activity, identify anomalous trading patterns and unreported trade errors.

	Lite	Adviser	Enterprise
Account Impact Analysis
Allocation Testing
Block Trades
Brokers Analysis & Commission Testing
Cross Trades
Short-Term Trades
Trade Performance Analysis
Volume Profiles
Transaction Cost Analysis
Portfolio Holdings & Turnover
Return Dispersion Analysis
Searchable Trade History
Global News Feed
IHS Markit TCA Data
Global Security Master
Number of Users	Up to 3	Up to 10	Unlimited
Number of Accounts	1 Account	1 Account	Up to 3
Data Transfer Protocol	File Upload	SFTP	SFTP or API

Whatever your needs, Ascendant will work with you to make compliance a source of strength.

Please call 1-860-435-2255 for more information.

Latest Content

October 18, 2018

Advertising Issues: SEC and GIPS Performance in the Private Fund Space

Over a year ago, OCIE released the Risk Alert, “The Most Frequent Advertising Rule Compliance Issues Identified in OCIE Examinations of Investment Advisers.” While the alert highlighted several areas where performance advertising is involved, our recent CSS/Ascendant conference panelists in a session entitled “Best Practices for SEC and GIPS Performance in the Private Fund Space” … Continued

October 17, 2018

From Wall Street to Main Street: Update on Standard of Conduct for Investment Advisers

Retail investors are confused! They fundamentally cannot differentiate between a broker-dealer and an investment adviser. And that has the SEC concerned. So when the DOL Fiduciary Rule was overturned earlier this year, the SEC stepped into the debate with its April proposal. And that was a key topic of discussion at the recent CSS/Ascendant fall … Continued

October 16, 2018

Placing Ethics and Compliance in the Foreground of Business Decision-Making

Thinking about how to make ethics and compliance part of a business’s decision-making can prove to be challenging. By nature, compliance professionals are often results-oriented, focusing on a binary end-result; either you are in compliance, or you are not. That focus is important, but emphasizing process is also vital, John Walsh, Partner at Eversheds Sutherland … Continued

October 15, 2018

What Am I Looking At? Making Sense of Your Cyber Testing Reports

It’s no surprise that Compliance and IT do not speak the same language. Compliance staff often speak in terms of regulations and policies, whereas bits and bytes are the language of IT staff. This distinction is clear when it comes to cybersecurity risk management, as the compliance and IT audiences are looking for different takeaways … Continued

Mailing List

Subscribe to the Ascendant Compliance email list for the latest compliance resources, conferences, ComplianceCasts™, and more.

Loading form...

Contact Us

Ascendant works together with clients to identify and assess critical needs through customized plans. If you need assistance with compliance functions, regulatory services, cybersecurity or technology tools, we’d love to speak with you.