8700 SW Creekside Place, Suite A Beaverton, Oregon 97008 TEL (503) 644-3057 FAX (503) 646-1711 www.eaiinfosys.com Prepare Your Organization for the Fiduciary Rule To receive a free assessment of your readiness for these new ﬁduciary rules, please email [email protected] or call (877) 537-1507 New Department of Labor (DOL) fiduciary rules demand that commissions and compliance systems interact. Broker/dealers with multiple data silos and applications that don’t communicate will not meet the new DOL regulatory requirements by April 2017. Many financial institutions have Account Onboarding Systems that initiate all transactions. However, they are often tied to transaction surveillance systems that only receive a portion of their transactions. These systems completely miss manual transactions for direct business, leaving the company extremely vulnerable to regulatory violations. Current systems weren’t designed for new fiduciary roles. In most cases, the technological and regulatory puzzle pieces just don’t fit together closely enough to satisfy the DOL rule. That’s where EAI comes in. The EAI Titanium application fills the gap, either acting as a bridge between your current compliance and commission systems, or doing the job of both. Titanium has the flexibility to aggregate the information from all of your sources and applications, including: • Account and customer information from onboarding software • Rep information and credentials from FINRA • Transaction information from multiple sources (NFS, DST, DAZL, DTCC, Pershing) EAI even lets you track manual direct business. This means every trade gets the same scrutiny as the next, regardless of its origin. This drastically reduces the risk of bad trades resulting in regulatory migraines. CONTACT US FOR A FREE ASSESSMENT OF YOUR ORGANIZATION’S READINESS TO MEET THE NEW RULE. Kwame Essieh National Account Executive 877-537-1507 ext. 232 [email protected] Phase 1 - Compliance with Investment Advice Standards Phase 1 Compliance Required Final rule published Rule becomes effective Full compliance required April 8, 2016 June7, 2016 April10, 2017 Jan. 1, 2018 Phase 2 - Compliance with Exemption Requirements Deloitte Perspectives, “Department of Labor releases final fiduciary rule,” April 6, 2016. Timeline for the Implementation of the Department of Labor Conflict of Interest Rule

Prepare for the DOL Fiduciary Rule

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Page 1: Prepare for the DOL Fiduciary Rule

8700 SW Creekside Place, Suite A Beaverton, Oregon 97008

TEL (503) 644-3057

FAX (503) 646-1711

www.eaiinfosys.com

Prepare Your Organization for the Fiduciary Rule

To receive a free assessment of your readiness for these new fiduciary rules, please email [email protected] or call

(877) 537-1507

New Department of Labor (DOL) fiduciary rules demand that commissions and compliance systems interact. Broker/dealers with multiple data silos and applications that don’t communicate will not meet the new DOL regulatory requirements by April 2017.

Many financial institutions have Account Onboarding Systems that initiate all transactions. However, they are often tied to transaction surveillance systems that only receive a portion of their transactions. These systems completely miss manual transactions for direct business, leaving the company extremely vulnerable to regulatory violations.

Current systems weren’t designed for new fiduciary roles. In most cases, the technological and regulatory puzzle pieces just don’t fit together closely enough to satisfy the DOL rule.

That’s where EAI comes in.

The EAI Titanium application fills the gap, either acting as a bridge between your current compliance and commission systems, or doing the job of both.

Titanium has the flexibility to aggregate the information from all of your sources and applications, including:

• Account and customer information from onboarding software

• Rep information and credentials from FINRA

• Transaction information from multiple sources (NFS, DST, DAZL, DTCC, Pershing)

EAI even lets you track manual direct business.

This means every trade gets the same scrutiny as the next, regardless of its origin. This drastically reduces the risk of bad trades resulting in regulatory migraines.

Kwame Essieh National Account Executive877-537-1507 ext. [email protected]

Phase 1 - Compliance with Investment Advice Standards

Phase 1 Compliance RequiredFinal rule published

Rule becomes effective

Full compliance required

April 8, 2016June7, 2016

April10, 2017 Jan. 1, 2018

Phase 2 - Compliance with Exemption Requirements

Deloitte Perspectives, “Department of Labor releases final fiduciary rule,” April 6, 2016.

Timeline for the Implementation of the Department of Labor Conflict of Interest Rule

mailto:Kwame.Essieh%40eaiinfosys.com?subject=DOL%20Fiduciary%20Rule%20Assessment%20Request