Business description

The company was created in 1998 as a fully owned subsidiary of Fidelity Investments until 2008 when it became an independent entity.

From 2000 until 2008, it built and supported IT solutions (primarily risk, compliance and retirement solutions) for large financial services firms.

The retirement solutions division was retained within Fidelity when MyComplianceOffice separated in 2008.

Since 2008, MyComplianceOffice has primarily focused on selling and marketing its platform to the investment industry and has added over 500 clients in 65 counties to the platform including many global brands. These clients are primarily in financial services.

Products and services

MyComplianceOffice is a Software as a Service (SaaS) compliance platform that enables firms to automate their compliance program. The solution was designed as an integrated solution to automate all the components of a global employee compliance program.

Some of the high level elements of the platform include:

Know your Employee: This module helps firms manage the conflicts associated with their employees including personal trading, G&E and attestations.

Know your Third Party: This module helps firms manage the risks associated with their suppliers and other third parties.

Know your Trading: This module enables firms to monitor their firm trading for market abuse, insider trading and adherence to fund mandate.

Value proposition

• Value: Affordable, cost effective.

• Innovative Software: Integrated, single structure, dashboard, breadth of compliance functionality, constantly evolving and enhancing products.

• Comprehensive Integrated Trade Capture Methods: Unparalleled breadth of alternative trade capture solutions.

• Differentiating Features: Task management, dashboard firm (ease of use/monitoring), flexibility.

• Excellence in Implementation and Ongoing Support: Dedicated support with detailed compliance, industry and product domain support covering globe from support locations in US West Coast, US East Coast and Ireland.

• True Multi-Tenant SaaS Solution: All trade capture, upgrades, and infrastructure managed by MyComplianceOffice (as opposed to client).

• Long term Focus: Objective is to provide the most cost effective, industry leading, comprehensive, integrated compliance solution for the investment industry.

Standards and certificates

• ISO 27001