OMS

Compliance

Regulatory Constraints

Gaia allows the compliance and internal control officer to set multiple constraints on one portfolio or a set of portfolios and generate a status report of the breaches that have occurred. These constraints are based on a vast regulatory library that is regularly updated according to the new regulations in place (OPCVM4, Solvency II, Emir…) and proposed to the compliance and internal control officer.

Internal Constraints

Gaia gives the necessary tools to the compliance and internal control officer so that he or she can configure his or her own constraints in a very simple fashion. The manager chooses his criteria (counterparties, instruments, issuer/group, currency, rating…) and his thresholds. Then he or she applies these rules to the selected environment according to the activities and the objectives of the portfolio management firm.

Constraints on operations and positions

The constraints defined in Gaia can use transaction characteristics as criteria but also use the constitution of a position, whether this position is actual or olden, and whether it is calculated or stored.

Pre-trade and Post-trade

The compliance module in Gaia can not only provide a post-trade status report of the threshold breaches, it can also generate pre-trade alerts, blocking or non-blocking, when a simulation, an order or an operation is created.

Breach follow-up

The compliance module in Gaia allows to the authority in charge to validate a breach, via a password if necessary, while at the same time informing the compliance officer and the people involved via Gaia’s messaging service. The compliance module in Gaia allows also the compliance officer to generate reports explaining the nature and the cause of the breach.