April 10, 2023CORDIUM POWERPOINT MASTER 1

Using Software to Streamline Your Compliance Program

25th February 2014Bill Mulligan, Cordium US CEO

Agenda

o Introductiono Benefits of compliance automationo Specific Applications of Technologyo Cordium Toolso Closing Remarkso Q&A

Introduction

o About Cordium Software Developmento Why we know good software!

o Developing innovative software for 8+ yearso Combines the expertise of compliance staff with talented

programmerso Allows us to see things from all angles and a global perspective in

terms of what we develop and when analyzing other products in the marketplace

Increasing international regulatory pressures

Benefits of Compliance Automation

o As managers continue to become more global in nature, firms face an unprecedented level of regulatory scrutiny.

o Using an effective compliance management system will enable you to:o meet the global demand placed on your compliance teamo evidence due process

Benefits of Compliance Automation

o Automating parts of your compliance program with the use of technology will allow you to:o Keep up with the ever changing regulatory environmento Focus more time on other parts of your businesso Better handle investor due diligence querieso Allow for easier reporting, both internal and externalo Build a more efficient compliance infrastructure

Benefits of Compliance Automation

o Specifically, technology can help with:o Managing your day-to-day compliance responsibilitieso Tracking and documenting adherence to your procedureso Dealing with employee compliance issueso Monitoring risko Understanding the compliance regimes in different

jurisdictions

Specific Applications of Technology

o A solid compliance program is about disclosure, organization, and preparedness.

o There are lots of moving parts which can become burdensome if not organized properly:o Compliance manualo Code of ethicso Monitoring programmeo Registration documents (Form ADV, etc)o Fund documentso DDQso Investor communications, etc.

Specific Applications of Technology

o The key to organization is building out solid internal processes – technology can help! o We will look at several examples of where software tools

can make your life as a compliance manager easier.

Specific Applications of Technology

o Managing Your Policies & Procedureso Your compliance manual and code of ethics may be the

most important compliance document that you have. But, how do you ensure that you are doing what your manual outlines for you?

o Create a compliance calendaro An electronic compliance calendar let’s you track, monitor and archive your

compliance program. o Reminders can ensure that you never forget a task. o Create an audit trail and document archive so you can easily retrieve and

evidence your various compliance tasks. o Certain tools can also provide you with background regulatory information on

compliance tasks to help you though their completion.

Specific Applications of Technology

o Code of Ethics Complianceo One of the biggest burden’s for compliance teams is code

of ethics compliance. o PA dealing monitoring, gifts & entertainment, anti-

bribery, etc. o The review of broker statements and PA dealing can take

hours of time, even for a small firm. o Technology solutions can help alleviate that burden

by automating the PA dealing review process and creating an electronic portal for all employee filings.

Specific Applications of Technology

o Electronic links to employee brokerage accountso Automated trade review and screening processeso Electronic pre-approval of tradeso Electronic gift & entertainment reportingo Electronic attestations

o Moving to an electronic system for employee compliance, frees up time for the compliance personnel to focus on other tasks.

Specific Applications of Technology

o Record-Keepingo Email archiving tools are affordable and easy to useo Makes email screening and record keeping much easier

o Workflow Managemento All firms have specific business processeso Compliance departments often rely on other business

units for certain tasks. o By creating business process workflows for common tasks,

you can reduce the time spent, and put the information at your fingertips.

Cordium Tools

o Compliance ELF (Employee Level Filing) was designed to create an electronic portal for all employee compliance issueso Personal dealingo Trade pre-approvalso Affirmations / Questionnaires

o Fit and Propero Conflict Questionnaires, etc

o Training and Competency Record Keepingo Conflicts Managemento Annual Sign Offso SEC Code of Ethics Issues

Cordium Tools

o Customisable application gives you flexibilityo Easy to use interface for employees and admin userso Puts one-click reporting capabilities at your fingertips

Cordium Tools

o ComplianceTrako Interactive Compliance Calendaro Built in knowledgebase for FCA and SEC compliance tasks

o Updated as regulations changeo Monitor and report on risk

Cordium Tools

o Coming Soon: Piloto Enhanced workflow managemento Complex user permissioningo Multiple calendarso Complex search and reporting functions

Closing Remarks

o The future of global complianceo Staying ahead of the curve

Questions & Answers