Regional uses protegent for compliance and surveillance for fee-based unit. Ziegler Wealth Management, the private-client unit of Chicago-based broker-dealer Ziegler has chosen SunGard's Protegent Surveillance for its compliance, surveillance and regulatory processing.

Firm-wide

"We needed a tool that could accommodate our hierarchical structure and grow with us as our needs change," says Ziegler's administrative chief Mike McLaughlin. "SunGard's Protegent Surveillance is a comprehensive solution that can be used effectively by branch managers, supervisors and advisors, and provides a holistic view of activity and risk across our wealth-management division."

Protegent provides trade and account-based compliance reviews that give firms an enterprise-wide view of compliance performance and helps firms assess risk. Ziegler rolled it out to about 100 of its advisors, regional sales supervisors and branch managers as a web-based application over about eight weeks.

Smaller broker-dealers need access to robust and time-tested compliance and supervisory tools to keep up with increasingly stringent regulatory demands, according to Steve Sabin, COO of SunGard's Protegent business unit. "Protegent helps both large and small firms obtain the compliance tools and reliability they need without the long implementation timelines and resource overhead." -FWR

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