Compliance never felt this easy

ENJOY WORRY-FREE AUDITS

We’ve been there. We know where many teams get hung up, so we built a system to bulletproof your enrollment compliance.

We’ve been there. We know where many teams get hung up, so we built a system to bulletproof your enrollment compliance.

BUILT-IN

Bulletproof enrollment compliance comes standard.

AUTOMATIC

Perpetual compliance updates from world-class RIA attorneys.

AUDIT-PROOF

Cross off a few line items on your list, you’re covered at all times.

COMPLIANCE FAQs

Disclosure Delivery?

Happens on every new signup automatically.  You can’t mess this up!

Proof of disclosure delivery?

Bitsy shows proof of disclosure delivery 3 times before a client is fully enrolled.  You can find a timestamp of when an agreement was executed, as well as when disclosures were delivered within the client section of your dashboard.

Audit-proof?

We ensure a few line items on your audit list will be complete.  They are:

  • Compliant advisory agreements
  • Proof of disclosure delivery with timestamps & email records
  • Investor policy statements
  • Suitability

You’ll never worry about or miss these requirements again!

Compliance updates?

We retain world-class RIA attorneys to keep you continually up-to-date and in-line with your state and national compliance regualtions.  You even gain access to their time, should you need it!

Client Information and Record Retention Requirements?

Our compliance staff keeps us up to date on such requirements, and removal can only happen upon request to our support staff so that users can not remove manually.  If advisor users request removal, we ask them if they are complying with required record retention periods before proceeding with removal.  If they are not in compliance we reserve the right to deny their request unless there is a legally accepted circumstance that would allow such removal.

How do I track our enrollment comliance?

You don’t!  It’s done for you automatically.

GDPR COMPLIANCE

Lawful, fair and transparent data processing in relation to individuals:

Bitsy’s onboarding module only collects data required by law to enroll new clients.

Specified, explicit and legitimate purpose for data collection:

Bitsy’s onboarding and pre-meeting modules clearly identify required data from prospets and clients.  We also make it easy to completely purge data from Bitsy, simply reach out and we’ll do it fo you.

Relevant data, limited to only what is necessary in relation to it’s purpose:

Bitsy’s onboarding module ONLY collects relevant information to compliant client enrollment.  We allow your prospects and clients to electronically sign enrollment documents, proving consent for data collected.

Personal data should be kept for no longer than is necessary for proper subject identification:

You will easily be able to remove all collected data in regards to one or multiple client(s), when storing of such data becomes irrelevant.  Bitsy also creates a trail of all changes made by or on behalf of prospects and clients, for your security.

Personal data should be accurate and up to date, where necessary:

Clients agree within Bitsy’s modules to provide you with clear and accurate data.  It is their responsibility to abstain from delivering false information.

Personal data should be processed securely; furthermore, in a manner that is appropriate to the sensitivity of such data.

Bitsy provides a high level of data encryption to all members, ensuring that all customer information is perpetually stored in a secured database.  We utilize state-of-the-art hacker prevention protocol to prevent access to our network.  We continually update our anti-virus and malware prevention systems to keep you, your prospects and your clients safe.

COMPANY

About Bitsy

Leadership

Values

Careers

Contact

FAQs

LEGAL

Privacy Policy

Terms of Service

Security

Fee Arrangement

Copyright

Coverage

Guarantee

Compliance

RESOURCES

Training

Case Studies

Integrations

Blog

White Papers

Support

SOLUTIONS

AutoEnroll

Speedy KYC

401(k) Contract

PMQ

Custom Work

COMPANY

About Bitsy

Leadership

Values

Careers

Contact

FAQs

LEGAL

Privacy Policy

Terms of Service

Security

Fee Arrangement

Copyright

Coverage

Guarantee

Compliance

RESOURCES

Training

Case Studies

Integrations

Blog

White Papers

Support

SOLUTIONS

AutoEnroll

Speedy KYC

401(k) Contract

PMQ

Custom Work

© 2020 BA Platform Holdings, LLC. All Rights Reserved.

© 2020 BA Platform Holdings, LLC. All Rights Reserved.