RiskPro® Named to 20 Most Promising Compliance Technology Solution Providers 2020 list by CIOReview

RiskPro® Named to 20 Most Promising Compliance Technology Solution Providers 2020 list by CIOReview

December 04, 2020

For offering a unique risk translator and surveillance tool for Investment Advisers, Investors, and Compliance Officers

Newport Beach, CA – RiskPro®, an investment risk profiling and portfolio construction software developed by edge-computing and RegTech innovator ProTools, LLC, has been recognized as one of the select group of companies featured in the 2020 Compliance Technology Special Edition of CIOReview magazine.

Designed by financial advisors and built by econometricians, the revolutionary RiskPro® system evaluates and clearly communicates risk for investors, advisors, and broker-dealer compliance officers. RiskPro® also provides the highest standards of platform surveillance and regulatory compliance along with superior agility, speed, integration, and analytics.

 With a framework of Perpetual Suitability at its core, RiskPro® helps investors determine their own Personal Risk Budget (PRB) using a fully documented process that clearly defines risk in terms that are easy to understand—maximum annual dollar gain or loss potential. Once a PRB has been calculated, advisors can make investment recommendations with a 98% statistical probability that maximum risk tolerances will not be exceeded over any given 12-month period. This statistical probability applies to institutional model portfolios as well as to portfolios that investment advisors construct on their own.

 At the Enterprise level, RiskPro® technology allows for surveillance rules to be set to monitor client portfolio risk on a daily basis. Home office Compliance Officers and advisors are alerted if the risk of a client portfolio falls outside of the surveillance rules set by the enterprise, and all steps required for realignment are documented in detail.

 “We are pleased to be recognized as a promising emerging technology by CIO Review. It is a testament to the skill and ingenuity of RiskPro® visionaries, and the unique value that RiskPro adds to the investment management compliance lifecycle,” says Jeff Olsen, President of RiskPro®. View the complete list of Top Compliance Solutions Companies.

 ABOUT CIOREVIEW - CIOReview is a leading technology magazine and knowledge network that bridges the gap between enterprise IT vendors and buyers. The publication is at the forefront of helping guide enterprises through the continuously varying business environment with information about solutions and services across more the 30 industries. For more, visit www.cioreview.com.

 ABOUT RISKPRO - RiskPro® is an investment risk profiling and portfolio construction software as a service platform developed by ProTools, LLC (“ProTools”). RiskPro® is an edge-technology company headquartered in Newport Beach, CA. Through RiskPro®, financial institutions and their advisors can support their fiduciary responsibilities to provide clients with prudent investment advice and investment account surveillance. For more, visit www.riskproadvisor.com.

Julie Mochan, AIF®
Director of Digital Content & Insights

RiskPro and CIOReview are separate and unaffiliated firms, and are not responsible for each other's services or policies.  This release should not be construed as a recommendation or endorsement of any particular product, service, or firm.

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