It's increasingly the norm for financial services’ regulatory and compliance requirements to focus on transparency. Auditors want to see data on your employees, advisers, products, suppliers and customers. What hasn't ramped up is your accessibility to this information.

Historically, paper-based forms, questionnaires and exams have been used, but manual processes are a burden, and can be costly to archive and retrieve. EAI has a solution.

EAIAudit, a simple-to-use and quick-to-deploy Web solution for pre-audits, exams and questionnaires, was specifically designed to streamline the use of this information. Several different facets and functions make it a good choice for firms of any size.

Branch Exam/Pre-Audit

Our questionnaire is designed to help your organization through an exam and ensure you can respond in a timely manner. During the pre-audit period, your firm will be asked to provide the examiners with several documents, which may include: your firm’s Form ADV Part II, Schedule F, disclosure brochures, client agreements, current client list, indication of participation in wrap-fee programs, organizational charts, financial statements, and written compliance programs including code of ethics and supervisory procedures.

Adviser Exam

EAI Audit provides a standard questionnaire and checklist to help your firm conduct annual compliance assessments for all advisers. Our template surveys your code of ethics, compliance policies and supervisory procedures, and analyzes the effectiveness of such policies and procedures.

Due Diligence Forms

EAI Audit provides a standard questionnaire and checklist to help you maintain documented due diligence for both suppliers and products. These forms can be customized to meet your operational requirements.

Key Features:

• Templates for audits, exams and due diligence forms
• Flexibility to schedule and deploy questionnaires
• Completion status by company, branch and person
• Ability to add comments and mitigation steps
• Easy print or e-mail of completed audits
• Automatic archival and easy retrieval of data