|By PR Newswire||
|November 28, 2012 11:43 AM EST||
NEW YORK, Nov. 28, 2012 /PRNewswire/ -- ENG ||| Expert Network Group ("ENG") highlights its comprehensive cloud-based compliance framework allowing institutional investors to conduct thorough due diligence and channel checks without risking exchange of confidential information.
ENG's Expert Relationship Management System ("ERMS") gives institutional investors a secure arena to conduct primary research as regulators investigate firms for insider trading. Developed in collaboration with legal and compliance officers, the platform alleviates the burden of ambiguity by enforcing measures at every step along the client and expert interaction. "Institutions need to be able to develop market insights with confidence. Our compliance framework leaves no room for error. We understand and respect the intricacies of the insider trading laws and have translated them into comprehensive front and back-end controls," says Mark Wolkstein, Managing Partner of ENG. "It's our sole responsibility to ensure that any exchange of information facilitated by ENG complies with regulations set forth by the SEC," Wolkstein adds. ENG's boutique approach to compliance surpasses regulatory standards of large expert networks that lack sufficient tools to effectively monitor their volume of daily engagements.
The SEC Encourages Use of Expert Networks
When managed correctly, an expert network holds both parties - experts and clients - accountable. The Securities and Exchange Commission supports the use of expert networks, provided that ethical conduct takes precedence over financial gain. Carlo di Florio, Director of Compliance Inspections and Examinations at the SEC recently stated that "the use of expert networks is an important part of the investment research process and the Commission does not seek to undermine them."
Robert S. Khuzami, Director of the Division of Enforcement of the SEC reinforced the importance of channel checks as a valuable component of any investor's mosaic. "The SEC has no interest in undermining the mosaic theory or preventing market participants from obtaining market color." Khuzami characterized recent cases filed by the SEC as "clearly over the line conduct."
ENG Effectively Safeguards Market Sensitive Data
ENG's ERMS compliance platform works in tandem with compliance officers at institutions to synchronize their policies and procedures regarding the way primary research is obtained. ENG audits and documents all details related to events. Clients benefit from complete transparency and comprehensive disclosures that allow due diligence to take place, unfettered by the risk of illegal practices.
- Pre-event controls: ENG rigorously vets experts, who must undergo internal screening and training in operating policies and procedures. All activity and relevant work history details are logged and organized by date, firm, PM/analyst, event type, expert, event topic, duration as well as expert/client attestations; all customizable by client need.
- Event controls: ENG schedules, connects and hosts every one-on-one interaction. Exchanges are private conversations. Centralizing and overseeing all interactions mitigates compliance risk.
- Post-event controls: Each event (1x1 phone consultations, 1x1 meetings, field visits, guest speaker events) is logged, reported in ERMS and easily searchable. All follow-up interactions are organized and hosted by ENG. Complete audit trail is provided for client and compliance review.
"Informed and insightful analysis, founded on primary research, always has been and will continue to be a fundamental part of the investment process. We are confident that the institutional community will continue to recognize ENG as an industry leader in compliance best practices," says Wolkstein.
About ENG ||| Expert Network Group, LLC
Founded by industry veterans in 2009, ENG takes a custom approach in providing institutions access to a diverse, global network of experts across all industries and sectors. ENG differentiates itself through the timely delivery of fresh, non-commoditized experts who have had limited exposure to the investment community. ENG emphasizes quality over quantity in order to provide only the most appropriate experts for each project. The firm currently serves institutional investors in the United States, Asia, Europe and Latin America.
SOURCE ENG ||| Expert Network Group
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
Oct. 7, 2015 03:30 AM EDT Reads: 449
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Oct. 7, 2015 03:00 AM EDT Reads: 364
The cloud has reached mainstream IT. Those 18.7 million data centers out there (server closets to corporate data centers to colocation deployments) are moving to the cloud. In his session at 17th Cloud Expo, Achim Weiss, CEO & co-founder of ProfitBricks, will share how two companies – one in the U.S. and one in Germany – are achieving their goals with cloud infrastructure. More than a case study, he will share the details of how they prioritized their cloud computing infrastructure deployments ...
Oct. 7, 2015 03:00 AM EDT Reads: 689
The modern software development landscape consists of best practices and tools that allow teams to deliver software in a near-continuous manner. By adopting a culture of automation, measurement and sharing, the time to ship code has been greatly reduced, allowing for shorter release cycles and quicker feedback from customers and users. Still, with all of these tools and methods, how can teams stay on top of what is taking place across their infrastructure and codebase? Hopping between services a...
Oct. 7, 2015 03:00 AM EDT Reads: 397
NHK, Japan Broadcasting will feature upcoming @ThingsExpo Silicon Valley in a special IoT documentary which will be filmed on the expo floor November 3 to 5, 2015 in Santa Clara. NHK is the sole public TV network in Japan equivalent to BBC in UK and the largest in Asia with many award winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology covering @ThingsExpo Silicon Valley. The program will be aired during the highest viewership season of ...
Oct. 7, 2015 02:45 AM EDT
Interested in leveraging automation technologies and a cloud architecture to make developers more productive? Learn how PaaS can benefit your organization to help you streamline your application development, allow you to use existing infrastructure and improve operational efficiencies. Begin charting your path to PaaS with OpenShift Enterprise.
Oct. 7, 2015 02:00 AM EDT Reads: 508
Recently announced Azure Data Lake addresses the big data 3V challenges; volume, velocity and variety. It is one more storage feature in addition to blobs and SQL Azure database. Azure Data Lake (should have been Azure Data Ocean IMHO) is really omnipotent. Just look at the key capabilities of Azure Data Lake:
Oct. 7, 2015 02:00 AM EDT Reads: 249
Decisions about budgets and resources are often made without IT even having a seat at the table. As technologist we understand the value of DevOps - but do your business counterparts? If they don't, your DevOps initiatives could lose funding before they start. In her session at DevOps Summit, Jeanne Morain, Strategist / Author at iSpeak Cloud, LLC, will provide insights on how to bridge the gap between business and technology leaders. Attendees will learn prescriptive guidance on balancing wor...
Oct. 7, 2015 02:00 AM EDT Reads: 586
SYS-CON Events announced today that Luxoft Holding, Inc., a leading provider of software development services and innovative IT solutions, has been named “Bronze Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Luxoft’s software development services consist of core and mission-critical custom software development and support, product engineering and testing, and technology consulting.
Oct. 7, 2015 01:15 AM EDT Reads: 505
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/...
Oct. 7, 2015 12:45 AM EDT Reads: 127
Data loss happens, even in the cloud. In fact, if your company has adopted a cloud application in the past three years, data loss has probably happened, whether you know it or not. In his session at 17th Cloud Expo, Bryan Forrester, Senior Vice President of Sales at eFolder, will present how common and costly cloud application data loss is and what measures you can take to protect your organization from data loss.
Oct. 7, 2015 12:00 AM EDT Reads: 504
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.
Oct. 6, 2015 10:00 PM EDT Reads: 660
In his session at @ThingsExpo, Tony Shan, Chief Architect at CTS, will explore the synergy of Big Data and IoT. First he will take a closer look at the Internet of Things and Big Data individually, in terms of what, which, why, where, when, who, how and how much. Then he will explore the relationship between IoT and Big Data. Specifically, he will drill down to how the 4Vs aspects intersect with IoT: Volume, Variety, Velocity and Value. In turn, Tony will analyze how the key components of IoT ...
Oct. 6, 2015 08:00 PM EDT Reads: 313
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT’s direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
Oct. 6, 2015 05:00 PM EDT Reads: 256
SYS-CON Events announced today that Cloud Raxak has been named “Media & Session Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Raxak Protect automates security compliance across private and public clouds. Using the SaaS tool or managed service, developers can deploy cloud apps quickly, cost-effectively, and without error.
Oct. 6, 2015 04:40 PM EDT Reads: 112