(MCO) announced today at the annual FINRA
Conference in Washington, D.C. that Piper
Jaffray Companies (NYSE: PJC), a leading global investment bank and
asset management firm, has selected MCO’s conduct risk management
The MyComplianceOffice platform enables firms to demonstrate effective
risk management of potential misconduct to regulators using state-of-the
art technology and optimal security protocols. Firms partnering with MCO
can efficiently and cost-effectively automate their compliance ethics
policies, including monitoring of employee, client and third-party
Piper Jaffray will utilize the platform’s Know Your Employee (KYE)
module to help monitor employee personal trading, gift and
entertainment, and outside business activities (OBA). The MCO KYE
solution will provide Piper Jaffray with a complete view of employee
activity in these areas via a robust, but easy-to-understand dashboard.
It will also provide the firm with the ability to customize forms and
perform attestations. And using MCO’s solution, Piper Jaffray can ensure
OBA reporting data is accurate, non-redundant, and directly connected to
FINRA’s OBA reporting system.
“We chose MCO because their solution is comprehensive and customizable,
yet also easy-to-use and integrates with our technology systems. Its
modular approach allows us to meet our existing employee conduct
management needs and has the potential to help us manage risk across the
entire organization in the future,” said Shawn Quant, chief information
officer at Piper Jaffray.
“We are excited to provide Piper Jaffray with a compliance solution to
manage its code of conduct activities and ultimately lower compliance
management costs,” said Brian Fahey, CEO of MyComplianceOffice. “MCO is
committed to working with large global firms, adapting our solutions to
meet unique business needs and implementing in an expedient,
user-friendly way to get clients up and running quickly.
MCO (MyComplianceOffice) provides compliance management software that
enables companies around the world to reduce their risk of misconduct.
Its powerful platform lets compliance professionals demonstrate that
they are proactively managing the regulated activities of the company,
employees and third-party vendors. Available as a unified suite or à la
carte, MCO’s easy-to-use and extensible SaaS-based solutions get clients
up and running quickly and cost-efficiently.
About Piper Jaffray Piper Jaffray Companies (NYSE: PJC) is a
leading investment bank and asset management firm. Securities brokerage
and investment banking services are offered in the U.S. through Piper
Jaffray & Co., member SIPC and FINRA; in Europe through Piper Jaffray
Ltd., authorized and regulated by the U.K. Financial Conduct Authority;
and in Hong Kong through Piper Jaffray Hong Kong Limited, authorized and
regulated by the Securities and Futures Commission. Asset management
products and services are offered through five separate investment
advisory affiliates―U.S. Securities and Exchange Commission (SEC)
registered Advisory Research, Inc., Piper Jaffray Investment Management
LLC, PJC Capital Partners LLC and Piper Jaffray & Co., and
Guernsey-based Parallel General Partners Limited, authorized and
regulated by the Guernsey Financial Services Commission.