Ziegler Wealth Management, a Chicago-based brokers, is using SunGard's Protegent Surveillance for company-wide compliance, surveillance and regulatory processing.

Protegent Surveillance provides company-wide trade and account-based compliance reviews and is designed to enhance firms' ability to quickly assess risk.

Ziegler Wealth Management rolled out Protegent Surveillance to approximately 100 of its financial advisors, regional sales supervisors and branch managers within an eight-week timeframe.

Ziegler Wealth Management required a flexible range of trade blotters, rules and alerting capabilities to accommodate its hierarchical structure, without significant modification. Protegent Surveillance has enabled Ziegler Wealth Management to control risk by pinpointing questionable transactions and positions, improving field supervision processes, and keeping pace with regulatory changes, the firms said in a statement.

“SunGard's Protegent Surveillance can be used effectively by branch managers, supervisors and advisors, and provides a holistic view of activity and risk across our Wealth Management division. It helps keep us up to date on the latest rules and regulations and automatically incorporates them into the software,” said Mike McLaughlin, chief administrative officer at Ziegler Wealth Management.

With annual revenue of $5 billion, SunGard provides software and processing solutions for financial services, higher education and the public sector. Headquartered in the US state of Pennsylvania, the company employs 17,900 people in more than 400 offices across 30 countries.