HedgeOp Compliance, LLC announced today the version 2.0 release of it’s Employee Level Filing (ELF) platform with electronic linkages to over 2,800 brokerage institutions using patented state-of-the-art technology created by Yodlee™, the leading provider of online personal financial management (PFM) and revenue-generating payments solutions and services.

The ELF version 2.0 Platform contains a streamlined compliance workflow that allows employees to instantly connect to their brokerage accounts electronically, allowing for the seamless, automatic download of transaction and holdings data for compliance review purposes.

Typically, advisers comply with rule 204A-1 by receiving paper copies of employee brokerage statements.   The process of reviewing of these statements can be quite burdensome, even for smaller advisers.  The ELF platform streamlines this process by allowing for electronic links and automates much of the review process for CCO’s.

To learn more about the upgraded ELF platform, click here.