Secure Data Entry

StarCompliance has partnered with a leading secure data entry service provider to remove the burden of manual entry when processing personal trading statements, leaving Compliance to focus on higher value activities. 

The Secure Data Entry Service extracts key data from paper brokerage account Statements and confirmations through an automatic, electronic data feed, and provides them to Compliance in a standardised, intuitive format. We provide brokers with three secure ways to send paper statements to the secure data entry provider:

  • Postal service to a secure PO Box

  • Attachments to a dedicated email address

  • Transfer of scanned documents to a secure FTP server

Every document is keyed twice and checked electronically for inconsistencies before submission into our software. The original copies are then scanned and preserved in a secure and searchable online document storage system.

Trade Confirmations and Holdings Statements

We can accommodate Trade Confirmations and monthly, quarterly or annual Holdings Statements through the Secure Data Entry service. Trade Confirmation and Holdings Statements will have key data extracted and delivered for Compliance use. Trades confirmed in this way will automatically execute within the system, keeping your records up to date with minimal effort.

Data Security

Electronic statements are sent to StarCompliance over secure, encrypted protocols and all data files are stored in each client’s dedicated database.

Service Benefits
  • Remove the manual data entry burden from the compliance team
  • Optimized processes and tools to ensure high levels of data accuracy
  • Enjoy the advantages of an electronic feed across all employee broker statements
  • Heightened efficiency for brokers who do not provide their own electronic feeds
  • Electronic or postal receipt of confirmations and statements
  • Annual holdings reports will be more accurate, saving time
  • Consistent process, available globally
Book a demo

Our sales team are happy to demonstrate what STAR can do for you, and will detail bespoke specifications for your unique implementation requirements.