Our experts partner with compliance teams around the world to provide customizable, user-friendly software solutions designed to simplify every-day compliance processes while ensuring you meet the strictest regulatory standards.
Our system offers a host of benefits and reassurances for compliance leaders, compliance teams and technology specialists.
Automated conflict of interest detection and mitigation helps your compliance teams work better, faster and more effectively. The rigor of our reporting, surveillance, certification and security systems provides complete peace of mind for Chief Compliance Officers and board members.
Helping you to detect and prevent market abuses that could jeopardize your reputation and regulatory compliance. Actively manage insider lists and investigate employee trading in the context of current market activity and events.
Clear deals faster. Centralize deal data. Reduce your risk. Compliance Control Room lets you organize, manage, and monitor your firm's most important information flows from a single platform.
Whether for work or pleasure, it’s a mobile world. And a mobile workforce calls for mobile solutions. Introducing STAR Mobile. With STAR Mobile, employees pre-clear activity and report transactions on-the-go. Supervisors review escalated requests anywhere there’s a cell connection.
Create unlimited projects to easily manage and monitor dynamic lists of employees who have access to insider information.
Compliance Control Room's enterprise-level single platform centralizes all your firm's deal-related activity—letting you manage control room activities more efficiently and effectively.
Increase employee participation. Increase data accuracy. Increase responsiveness. STAR Mobile is a native app that makes compliance simple, easy, and convenient.
Automatically monitor employee state, local, and federal political contributions and reduce the risk associated with breaking pay-to-play laws.
2022 Summary Findings
Crypto & Compliance Market Study
Did your firm develop a crypto-trading policy for employee activity last year?
Across the total population of those surveyed year-on-year, 37% of firms now have an employee crypto-trading policy in place. Firms’ attitudes around the monitoring of employee exposure to crypto assets have stayed relatively consistent from 2021 to 2022: one camp has chosen to get ahead of regulation, and the other is comfortable waiting until regulation arrives.
Are you planning to put a policy in place in 2022?
Almost one third (31%) of respondents who have not yet implemented an employee crypto/digital asset trading policy intend to do so in 2022. For those who have no plans to establish a policy this year, most answers centered around following regulatory guidance and policies once regulation is officially put into effect.
How confident are you in your understanding of how employees are trading these instruments in their personal accounts?
The number of firms that are ”not confident” in their understanding of how employees are trading cryptocurrencies and/or digital assets decreased year-on-year by 13%. While the reasons for this change are likely the result of heightened attention from regulators, and improved awareness and education of crypto-trading and transactions work, more than 40% of those surveyed still lack confidence, which indicates that there is still work to be done to improve the monitoring of employee crypto-trading activity.
What Is The Generational Background Of Employees Trading Crypto/Digital Assets?
The majority of survey respondents (63%) identify Millennials as the generation of employees that trade crypto/digital assets the most. This is likely because Millennials are the first 'digital natives', for whom trading digital assets is not significantly different from trading any other asset. This contrasts sharply with Baby Boomers, only 1% of whom are estimated to hold digital assets. This could be explained by the general tendency for older generations to be more comfortable with traditional forms of finance.
What percentage of employees' tradeable assets do you believe are invested in crypto?
More than half (57%) of respondents estimate that their employees invest less than 25% of their tradable assets in crypto.
However, 39% did not know how much of their employees’ tradable assets are invested in crypto, which may have contributed to a lower level of confidence in firms’ understanding of their employees’ crypto trading activity as seen above in Figure 4.
There's little doubt regulation is coming, but when do you think this will occur?
60% of respondents expect formal regulation and guidance on employee crypto/digital asset trading activity in thenext 18 months, with a small subset not expecting regulatory policies to be implemented anytime soon.
For a deeper dive on this year’s survey results, read the full analysis here