FinTech

Treliant can help FinTech companies design and implement any of the top components of an effective Compliance Management System.

• Board and Senior Management Oversight. Ensuring active governance of compliance management.
• Policies and Procedures. Drafting, tracking, and updating compliance policies and procedures.
• Monitoring and Testing. Conducting risk-based compliance monitoring and testing, including fair lending testing to ensure compliance program effectiveness.
• Fair and Responsible Lending. Assessing product risks and performing statistical testing to identify potential discrimination risk arising from disparate treatment or impact.
• Model Validation. Reviewing models and associated policies, procedures, and documentation for consistency with regulatory expectations for model risk management.
• Compliance Training. Educating the board, management, and employees either internally or externally through webinars and conferences.
• Risk Assessments. Identifying compliance risks, evaluating risk controls, and using the results to prioritize compliance resources and adjust compliance programs to meet new and emerging risks, including from third parties.
• Complaint Handling and Oversight. Establishing a formal complaints program, including complaint tracking, monitoring issues, root-cause analysis of complaints, and corrective action.
• Corrective Action. Planning and executing action to correct violations.
• Change Management. Engaging teams to coordinate change, including marketing materials, products, and customer communications/forms/disclosures, including partner advertising.
• Compliance Reporting. Updating the board and executive management regularly on compliance program performance, regulatory issues, and significant metrics.
• Vendor/Partner Management. Developing a formal vendor management policy that identifies, measures, monitors, and controls the risks associated with third-party vendors.

FinTech in the Securities Industry

As FinTechs expand their product offerings and services into the securities industry, Treliant is uniquely positioned to help them grow and expand in a controlled manner.  Our services include:

• SEC and state registration of investment advisory (RIAs) and asset management businesses
• RIA compliance program and infrastructure development
• Ongoing compliance support
• Outsourced Chief Compliance Officer (CCO) services
• SEC examination preparedness and annual testing programs
• FINRA membership application process for new broker-dealers
• Compliance program development and ongoing support
• Broker-Dealer AML reviews and testing programs
• Crypto trading and asset management advice and support
• Due diligence on FinTech and RegTech for venture capital and PE firms