Manage Clients, Compliance and Risks with GRACE

La Meer’s cloud web based GRACE (Governance, Risk and Compliance for the Enterprise) platform comprises of industry specific solutions built by financial market experts for financial market regulations in Banks, Broker-dealers, Wealth Advisory, Alternate Investments and Asset Management Firms. The Comprehensive cloud based GRACE suite helps organizations and staff to offer seamless client service with comprehensive oversight, compliance, risk management and assurance for clients from where ever they are.

The GRACE suite comprises of

GRACE for Integrated Governance, Risk & Compliance (GRC) for the Enterprise
GRACE For ESG Management in Corporates
GRACE For ESG Investment Due Diligence
GRACE for Integrated Client Life Cycle Management to address Regulation Best Interest (Reg BI), MiFID II, FCA’s Consumer Protection Rule, Canada’s Client Focused Reforms and others
GRACE for Compliance Management solution for Hedge funds, Broker-dealers and Wealth advisors
GRACE for Cybersecurity, Data Privacy and Business Continuity Management and compliance to GDPR, CCPA, PIPEDA
GRACE for Broker-dealer Branch and Registered Representative Monitoring
GRACE for Automated Anti-Money Laundering (AML) to monitor financial crime
GRACE for Trade Monitoring
GRACE for SM&CR Senior Management Certification Regime compliance
GRACE for Operational Due Diligence

GRACE Platform is Modular by Design, Integrated by Approach to allow you to pick and choose the modules you need and pay as you grow. Ready to go, easy to use functionality, workflows, calendars, alerts, powerful dashboards with low training need helps you implement your operational processes right away and scale as you go with reduced large upfront costs and immediate return on investment.

The modular nature of the GRACE platform allows our clients to implement (and pay for) only the modules or functionality they need, so if you are having a challenge with one particular area of the regulation we can help, and quickly add the next pieces when you are ready without the need for additional vendors or integration costs.

The GRACE platform is 21^st century technology, cloud-based, web, tablet and mobile-enabled allowing the internal organization risk and compliance management groups, staff, clients and even vendors to interact whenever and wherever they are – essential in working from home or with a distributed workforce.

The solution is intuitive and easy to use, empowering staff to work in a compliant way, without unnecessary or complex overheads.

OCC’s Notes on Climate Risk Initiative in Semi Annual Risk Report

https://www.occ.gov/publications-and-resources/publications/semiannual-risk-perspective/files/pub-semiannual-risk-perspective-fall-2021.pdf All information here is quoted from the article. Please refer to it from the complete article The OCC is committed to acting on the risk that climate change presents…

13Dec 21

Office of Comptroller of the Currency OCC Semi-Annual Risk Perspective from the from the National Risk Committee

Key Highlights from the OCC's Risk Alert on Dec 12th 2021 https://www.occ.gov/publications-and-resources/publications/semiannual-risk-perspective/files/pub-semiannual-risk-perspective-fall-2021.pdf All information quoted here is from the OCC Risk Alert The Office of the Comptroller of the Currency…

09Nov 21

Notes from SEC Risk Alert Oct 26th 2021

https://www.sec.gov/files/exams-registered-investment-company-risk-alert.pdf SEC Risk Alert of October 26, 2021 Observations from Examinations in the Registered Investment Company Initiatives* All notes below are quoted from the SEC Risk Alert The Division of…

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GRACE Enterprise GRC

GRACE Enterprise GRC offers the organization an integrated approach to manage risk, as a business as usual process across Departments, Locations, Business Lines, IT, Vendors and Compliance. Integrate Risk Assessments, Policies and Procedures, Audits, Internal controls monitoring, Loss event management, KRI Management, Incident Management all rolling up to the single source of truth for operational,compliance, legal, reputation and other risks. A standardized approach to classification helps understand the highest risks to the organization

GRACE for Regulation Best Interest (Reg BI)

GRACE for Reg BI (Regulation Best Interest) helps comprehensively address SEC/FINRA expectations of providing clear disclosures,offering correct products in the client’s best interest for their risk profiles and comprehensive oversight. A powerful integrated solution for Product Governance, Client Management, Client Communication, Suitability review, Policies and Procedures, Oversight, Training and Attestation, trade monitoring and portfolio review, organizations can implement and prove compliance efficiently and effectively.

GRACE for Compliance Monitoring

GRACE helps the organization address compliance as per SEC, FINRA, FCA regulatory expectations in a simple but effective way. Policies,Procedures,online attestations can set the tone at the top. Online Calendars and assignments keep track of compliance obligations. Reminders ensure everyone stays on top. Documents, supporting data, Notes, Issues loaded against compliance items, Review and escalation of violations ensure all items are tracked as soon as they occur. The integrated compliance dashboard provides analytics and drill downs.

GRACE for ESG Management in Corporates

Climate Risk and Environmental, social, and governance (ESG) are driving by both investor demand and regulatory scrutiny. GRACE ESG for corporates has been created to help Corporates manage their internal ESG practices and meet their declared goals through proper Governance, Risk Management, Metrics gathering and and continuous monitoring

GRACE for ESG Investment Due Diligence

ESG Investment Due Diligence can help institutional investors, fund and investment managers set up the ESG Governance, Risk Management, Due Diligence and Disclosures in all their investments and provide a visible transparent process to prevent greenwashing.

GRACE for Senior Management & Certification Regime

GRACE for SM&CR (Senior Management & Certification Regime) helps manage the process of recording Senior Managers obligations and monitoring and certifying them for adherence Management as expected by Financial Conduct Authority in UK.

GRACE for Anti-Money Laundering Monitoring

Monitoring financial crime monitoring is fundamental for prevention of money laundering and international terrorism. GRACE AML automates client monitoring against worldwide sanctions to generate risk profiles. It meets Customer Due Diligence Rule expectation of monitoring beneficial ownership in sanctioned entities, adverse media and identify and report suspicious transaction patterns.

GRACE for Trade Monitoring

GRACE Trade monitoring automates the process of trade aggregation from various data sources and allows automatic red-flagging to identify violating trades based on business rules and mark up the issues in them. The aggregated trade data can show pattern of insider trading monitoring and client best execution discrepancies. It helps identify conflicts in personal trades, bad allocation for clients etc.

GRACE for Data Privacy/IT Risk Management

GDPR, California Consumer Privacy Act (CCPA), PIPEDA, and other worldwide Privacy Laws mandate stringent security over client information whether being managed internally or by vendors. GRACE can help you set up the internal processes needed for policies and procedures, do risk assessments, manage IT inventory and vendors, monitor client consent and manage breaches based on NIST, ITIL, ISO frameworks.

GRACE for Vendor / Third Party Risk Management

GRACE Vendor risk helps manage information on all third party / vendors, their locations, SLAs and conduct due diligence on their processes. Periodic / continuous monitoring of vendor’s data business continuity, security management and compliance processes and identify risk trends for early corrective action

GRACE for Broker-dealer's Branch / Registered Representative Monitoring

GRACE helps build and manage oversight of branches and registered representatives to their adherence to regulations, identify conflicts of interest, and any risks to their clients. It helps monitor Outside Activities of Representatives from Public information sources. Findings from examinations can identify risks across these to take early corrective action.

GRACE for Operational Due Diligence

Institutional investors like Pensions, Endowments, Fund of Hedge Funds and Private Wealth Management organizations can use GRACE to conduct Operational due diligence on Alternate Investment firms to identify operational issues before they invest,and monitor them post investment in an organized way. Early identification allows protection of their investments before their portfolio is impacted badly .

Helps you Meet Regulatory Expectations Comprehensively

Comprehensive functionality for all specific requirements as defined by regulators SEC, FINRA,OCC, OCIE, CFPB, Fiduciary Rule,MiFID II, GDPR from their yearly examination priorities and ongoing data monitoring expectations

Allows you to Choose Modules and Add as you Grow without Integration costs

Pick and choose the modules you want to implement and only pay for it. Add other modules and implement when you are ready to grow to an Enterprise wide system with comprehensive ready to go functionality at low costs.

Collaborate with the Eco-system and Grow at Your Pace

Deploy the modules you want, add users,departments,business lines, locations, vendors, clients and outsourced providers at your pace

Comes Pre-built with Industry Data connectors

Connectors already built with Industry sources for AML, personal trades and outside business activity information from public sources

Offers Specialized Functional Actionable Dashboards

Specialized dashboards with Charts,Analytics and drill downs for each user group for their day to day functions, C-level dashboards for integrated view of risk, compliance, issues, mitigation, client, advisor etc.

Comes with Pre-built Forms and Workflows

Provides you with the pre-built forms and templates for reporting, attestation, and other functions. Automated workflows, alerts, audit trails help monitor and manage with ease.

Customization at Low Costs

Easy to customize and add functionality, integrate, add charting, reports, queries and help end users meet their data monitoring and reporting needs from in-house data with lot less cost and make implementations much more effective and meaningful

Can be Deployed right away on Cloud or In-house

Implement modules within few hours on GDPR compliant cloud or your in-house infrastructure. To add modules it is just a switch turned on. Allows your users have additional modules in matter of minutes to expand functional offering

Offers Automated Data Loads and Red-flagging by Business Rules

Automated data load and red-flagging based on business rules reducing hours of manual work to identify issues allowing the compliance team to zero in quickly on risks

Easily Integrates with your in-house data sources

Data from source systems can be integrated with ease using API where available, batch data load and other operations to seamlessly integrate into the system.

Easy to Use - Low training needs

Web based / tablet, mobile enabled, Anytime, Anywhere, GRACE systems are easy to use for end-users, works similarly with new modules with least amount of training requirements and deployment challenges

Is Very Affordable with Flexible Payment Options

Pay for only the modules you use. Add users and modules as you go to enhance the user base within the organization and with clients into a unified system seamlessly

Latest News

Meet us at the Global Regtech Summit on Oct 14th in London

October 12, 2021

https://www.youtube.com/watch?v=XfH3Vx9Awc0&t=3s La Meer Inc. a Regtech100 Company will be joining the Global Financial Community and…

Laxmi Ramanath speaking at the PRMIA webinar on Risk Management of Climate risk and ESG

October 12, 2021

Laxmi Ramanath CEO of La Meer Inc. will be speaking at the PRMIA webinar on…

La Meer Awarded the Luminaries Class of 2021 in the Executive Leader – Products, Programs and Services Category by Think Advisor magazine

July 1, 2021

La Meer Inc. is proud to announce ThinkAdvisor magazine has awarded us the Luminaries Class of 2021 in…

La Meer announced Winner of A-team Innovation Award 2021 for “Most Innovative Supply Chain Risk Management/ Know your Vendor Initiative”

March 30, 2021

Angela Wilbraham, CEO of the A-Team Group, who hosted the A-Team Innovation Awards 2021, commented…

SEC Division of Examinations Announces 2021 Examination Priorities

March 4, 2021

Source https://www.sec.gov/news/press-release/2021-39 All content is copyrighted to SEC's article. The Securities and Exchange Commission’s Division…

FINRA’s Examination and Risk Monitoring Program 2021

February 11, 2021

FINRA released its 2021 Report on FINRA’s Examination and Risk Monitoring Program on Feb 10th…

La Meer Webinar video on “Impacts of Reg BI on Advisors” in the Finlocity’s Reg BI Online Summit

December 7, 2020

La Meer Inc. sponsored a panel discussion on Dec 10th 2020 on "Impacts of Reg…

La Meer Inc. Recognized in the 2021 RegTech100 as a Leader in Regulatory Compliance for Client Management, Compliance, Data Privacy and GRC

December 2, 2020

RegTech100 honors La Meer Inc. and its innovative GRACE cloud platform for enabling financial firms…

La Meer’s GRACE listed in Celent’s Reg BI Day 2″ Report

November 4, 2020

Celent recently published their "Reg BI Day 2" report and have included La Meer Inc.'s…

PRESS RELEASE: Silicon Valley CA based La Meer Inc. offers full solution for Regulation Best Interest compliance

July 25, 2020

Executive Summary Sunnyvale CA – July 23rd, 2020 Silicon Valley, CA based financial technology firm…

OCC’s Notes on Climate Risk Initiative in Semi Annual Risk Report

December 13, 2021

Office of Comptroller of the Currency OCC Semi-Annual Risk Perspective from the from the National Risk Committee

December 13, 2021

Notes from SEC Risk Alert Oct 26th 2021

November 9, 2021

https://www.sec.gov/files/exams-registered-investment-company-risk-alert.pdf SEC Risk Alert of October 26, 2021 Observations from Examinations in the Registered Investment…