Formerly known as Consilience Technologies

17a5 Reg Reporting Controls Framework

17a5 Reg Reporting Controls Framework


17A-5 is a financial reporting form that all broker-dealers who are registered with the U.S. (SEC) must complete which requires an annual audit by the regulators


Update test process and other relevant documentation to capture changes to the 17a5 controls framework
Coordinate and document all aspects of management reporting related to 17a5 reporting including Steering Committees and Working Groups
Manage quarterly attestation/certification process
Assist management with preparing assessment of the quality of the 17a5 controls framework
Collaborate with key stakeholders to ensure applicable control frameworks sufficiently mitigate risks
Implement additional testing framework to capture new procedures specific to changes in haircut calculations for Investment Grade Credit, ABS and RMBS BMOCMC proprietary holdings

Business Advantage

For the last three years the 17a5 process has passed the annual audit without exceptions