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Compliance Tools

COR Clearing makes available to you the McDonald Information Services (MIS) system for your due diligence requirements. You will be set up for screening for OFAC, MIS, and CIP on all new accounts.

 

MIS offers a searchable database that compiles negative information gathered from all over the world allowing IBDs to comply with OFAC, AML and CIP related requirements. MIS provides users with a current comparison of all data in the negative database upon initial inquiry, and provides perpetual monitoring against any new information that is added to the negative database (which grows every day). 

To further supplement your firm’s Compliance needs, consider adding enhanced options through DST Subserveo, Inc. which can be integrated within the COR Clearing platform.

DST Subserveo Inc. enhances the compliance officer role, helping to demonstrate on-demand, firm-wide FINRA, and SEC compliance to senior management and regulators.  Compliance supervisors can conduct trade blotter reviews, examinations, and investigations.

Multiple users can communicate and receive alerts that identify issues that may need to be addressed. The information is delivered by web access and gives detailed transaction information which begins the investigation process.  Responses are archived to document evidence of supervision.

For more detailed information, please contact DST Subserveo Inc. at 604-957-1241.