Chief Compliance Officer (CCO)
Outsourced Chief Compliance Officer (CCO) Services
The rapidly evolving regulatory landscape requires up-to-date compliance policies and procedures with proactive compliance personnel that provide ample protection for your firm and clients meeting SEC, FINRA and CFTC rules and regulations. Our Outsourced Compliance Solutions range from serving as Outsourced CCO to CCO Support for Investment Advisers, Registered Funds, Private Funds and Broker Dealers. When it comes to our Outsourced CCO Services, we provide you with full-service compliance program that is customized and tailored to your firm and specific needs.
Vigilant’s Suite of Outsourced Compliance Services
- Outsourced CCO
- Provides need for firms with limited resources and/or in-house expertise.
- Interim Outsourced CCO
- Flexible availability of expertise over a short to interim time period.
- Full Service Compliance Support to in-house Chief Compliance Officer (“CCO”)
- Utilize an expert staff of compliance experts without building a cost center
- Vigilant under the direction of the in-house CCO will perform all SEC compliance related obligations
- Including but not limited to, Annual Rule 206(4)-7 Report, Risk Assessment Matrix, Compliance Calendar Management, Key Vendor Due Diligence, Regulatory Filings, Code of Ethics & Personal Trading Management, Compliance Training, Cybersecurity Assistance, etc.
- Specialized Compliance Consulting Services is another service model of Vigilant that is tailored to support firms on their targeted needs throughout their Compliance Program.
- Industry Best Practice Reviews of Private Equity Compliance Programs
- Mock SEC Examinations
- Mock SEC Interviews
- Tailored SEC Document Request Lists
- Formal Written Reports Evidencing such Reviews and Recommendations
- In-person & Select Electronic Training
- Compliance Training
- Code of Ethics, Conflicts of Interest and Personal Trading Training
- Insider Trading and MNPI Training
- Online Cybersecurity Training Platform
- Automated Phishing Tests
- Industry “Hot Topic” Trainings (e.g., Expense & Investment Allocation, Relevant SEC Enforcement Actions, etc.)
- Assistance and/or Management of SEC Examinations
- Supporting Documentation Compilation
- Supporting Documentation Review
- Drafting and Review of Submittal Letter
- Interview preparation
- Participation in Regulatory Examination Calls/Meetings
- Creation of Day 1 SEC Presentation
- Expert Consultant in SEC Enforcement Actions
- Security Breach Response Assistance
- Web CRD, IARD, and Edgar Management
- SEC Registration & Exempt Reporting Adviser Registration (ERA)
- Form ADV Annual & Updating Amendments
- Form PF Filings
- Section 13 Filings (e.g., 13F, 13H, 13D, 13G), as applicable
- Select Additional Filings
Whether you’re looking for an Outsourced CCO or CCO Support, Vigilant provides detailed guidance and recommendations on your compliance program utilizing a discussion-based approach. Vigilant compliance professionals bring extensive industry experience and a robust skill set to effectively manage risk within the regulatory framework, ensuring seamless support for clients’ growth and success.
Many firms turn to CCO outsourcing to free up their employees for other priorities while benefiting from the compliance expertise of firms like Vigilant. Rather than creating an internal cost center, you can leverage Vigilant’s extensive experience to achieve cost-effective solutions with a personalized and customized approach tailored to every client.
Vigilant’s Key Differentiators
As businesses evaluate various Compliance Service Providers, Vigilant stands out with 5 key differentiators that set us apart from the competition:
Vigilant has been in the Compliance industry for over 20 Years delivering trusted, tailored and customized servicing to our Clients.
As a Privately Owned Firm, we maintain complete autonomy to serve your unique compliance needs.
Acknowledged through numerous Award Wins for our excellence and leadership in the compliance space (Registered Funds, Private Funds, Asset Managers).
Tailored to anticipate and address your compliance needs.
Crafted specifically to meet your compliance requirements tailored to your firm and the types of business you do.
Vigilant’s Outsourced CCO Service Offering
Vigilant, a full-service Compliance Solutions Firm is a premier provider of Compliance Outsourcing Services. We provide firms with:
- Outsourcing the position of the Chief Compliance Officer (CCO) or other positions (i.e., CFO/PFO)
- Offering on-going compliance support on either an end-to-end or co-sourced basis with a more targeted focus of support in key areas
- Proactive monitoring of new rules and regulations determining which ones are applicable to your business and updating policies and procedures accordingly to comply with the new applicable rules and regulations
- SEC Examination trends and insights Vigilant has seen which is then transferred to the client so they are aware
- Testing for the 206(4)-7 Annual Review Report
- Compliance Reporting (to meet both internal and external requirements)
- Reviewing all marketing materials, such as social media platforms for compliance
- Filing notice filings and other applicable filings (i.e., ADVs)
- Reviewing, drafting and updating compliance policies, procedures and manuals
- Drafting and maintaining a compliance and regulatory calendars
- Collecting compliance information and data from your team stakeholders and internal/external systems
- Conducting risk assessments
- Checking business systems, operations and processes to ensure compliance
- Performing analysis for compliance operations
- Organizing and presenting formal, scheduled compliance reviews (i.e., Annual Compliance Training)
- Preparing reports for the Board of Directors and Senior Management Teams
- Assisting with personalized compliance needs
- Addressing compliance issues resulting from overseas operations or offerings
- Offering ongoing compliance education for your firm
- Creating and storing documentation required for compliance
- Mock SEC Examinations: utilized to identify and rectify compliance concerns
- Offering ongoing compliance consulting and support
The Next Steps Towards Compliance Outsourcing
If your firm is interested in Investment Adviser, Registered Fund (1940 Act), Private Fund or Broker Dealer CCO outsourcing, Vigilant can help. With team members in New York, Philadelphia, Boston, Dallas, Washington, D.C., Florida, Tennessee, Texas, Pittsburgh, New Jersey, Georgia and around the nation, Vigilant can provide you with the strategic guidance you need to manage an increasingly complex regulatory environment.
