Rezco's Fund Services team took advantage the power of the Alis Exchange Build Platform to deliver a Compliance Engine that enhances, rather than detracts, from investment performance.

The Problem

Portfolio managers live and breathe alpha. It is what gets them up in the early hours of the morning and working past midnight. It is their driving motivation, the competitive fire that burns brighter with every opportunity and every challenge.

Compliance teams, on the other hand, are primarily concerned with ensuring the portfolio in question does not fall afoul of the relevant regulation. This is no easy task and takes countless hours spent parsing obscure legislation, compiling intricate instrument master lists and formulating different tests and scenarios against which a portfolio must pass.

Typically, compliance systems and processes exist largely independent of the investment process. This creates two detractors of investment performance.

Firstly, compliance feedback on a portfolio is only delivered post trade. This leaves portfolio managers feeling like feedback is a day late and a dollar short and can cost performance through having to unwind positions.

Secondly, in the case that pre-trade feedback is provided, it is often via a separate system or set of tooling. This switching cost detracts from performance by destroying flow and focus.

The Solution

The Rezco Fund Services compliance engine is built on Alis Exchange and offers an API first implementation that:

1. Integrates into Portfolio Managers pre-trade workflow without incurring any switching costs;
2. Provides real-time compliance feedback, which does not encumber the portfolio management process; and
3. Is easy to configure and maintain with a full audit trail of every compliance check.

How does an effective, flexible, fast, workflow agnostic, API first compliance technology add alpha to the investment process? Watch the video below to find out more.

The Results

• Faster decision making.
• Reduce cost of unwinding noncompliant positions.
• Eliminate noise.
• Add compliance alpha to your process.

How Alis Build made it possible

Best-in-class, resource-driven API development and cloud infrastructure management made easy for non-professional software developers with:

1. Out of the box libraries, Excel add-ins and documentation;
2. Support from the Alis Build team on thorny technical issues; and
3. Access to learning and development opportunities for the team.