“Best Execution” is both a legal and regulatory requirement. In recent years it has become harder to “prove” best execution because liquidity has become more fragmented and because investment managers have so many more “exotic” instrument types in their universe.
Regulators require investment managers to have to have a comprehensive Best Execution policy which covers all security types and asset classes traded.
GRC-Maestro supports your Best Execution governance and reporting with:
- Maestro-Templates: based on your specific Best Execution requirements for different asset classes and security types
- Schedules: periodically sending Maestro-Forms to designated control staff
- Incidents: evaluate responses with automatic and manual incident creation, reporting and resolution
GRC-Maestro evidences to your clients and regulators that your business operates an effective Best Execution management environment.
Reporting on: Best Execution
- OTC - On Exchange
- OTC - Off Exchange