Highly flexible and adaptable platform ensures alignment with a rapidly changing regulatory environment
ROCKVILLE, Md. , April 20, 2023 /PRNewswire/ — StarCompliance (“Star”), a leading provider of employee compliance technology solutions, has launched its new Crypto Asset Pre-Clearance software solution, enabling greater transparency and visibility into employee crypto trading activities as a first step to reduce compliance conflicts. Star’s Crypto Asset Pre-clearance solution fully integrates with Star’s Personal Account Dealing product and provides their existing client base with the consistent user experience they are familiar with across multiple asset classes.
StarCompliance Launches Crypto Asset Pre-clearance Solution to Address Digital Asset Trading Challenges
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According to Star’s recent Crypto & Compliance Market Survey, which examined how financial services firms approach employee crypto trading compliance, 37% of respondents said they already have an employee crypto trading policy in place.
“As global regulators and governments continue to crack down on the crypto landscape, we wanted to prepare our customers with a solution that would enable them to put up guardrails to protect their business while providing a simple, frictionless experience for their crypto trading staff.” said Jennifer Sun, CEO of Star. “Through years of innovative cross-industry compliance solutions, Star’s product not only simplifies the process that improves visibility into employee cyber commerce activities, but also has the technical agility to adapt to the changing regulatory landscape.”
The key benefits of Star’s Crypto Asset Pre-Clearance software solution include:
- Helping firms prevent conflicts related to crypto trading activities
- Enables companies to set up rules and restrictions as easily as they do with stocks
- Focus on pre-clearance, transaction reporting and the ability to see employee holdings
- Future-ready to quickly adapt to new regulations in the crypto trading arena
This new, highly customizable software solution will enable compliance professionals to seamlessly monitor requests and approvals for employee crypto asset trading activities, as well as automate any additional crypto monitoring policies set by the company and regulatory bodies. To learn more, register for Star’s webinar Crypto Regulations: Getting Ahead of the Crypto Curve for Employee Compliance Thursday 15 June 2023 at 11 a.m. ET.
About StarCompliance
StarCompliance is a leading provider of employee compliance technology solutions. Trusted globally by forward-thinking companies in 114 countries, Star’s future-ready compliance platform delivers the on-demand configurability, multi-jurisdictional integrity and actionable intelligence you need to monitor for conflicts, meet regulatory obligations and mitigate risk. Compliance no longer has to be complicated. Check out Star’s intuitive, simple UX and give your employees the multi-layered protection they need to comply with the trust. www.starcompliance.com
SOURCE StarCompliance
