MCO, also known as MyComplianceOffice, a leading provider of compliance technology, has unveiled major enhancements to its flagship platform designed to help financial services firms and banks strengthen governance, reduce operational risk, and accelerate decision-making.
The latest product release reflects MCO’s ongoing commitment to supporting compliance teams with the tools and insights needed to act decisively and efficiently. The update comes as firms face increasing pressure to improve oversight, meet evolving regulatory standards, and maintain transparency across operations.
MCO provides a unified compliance management platform that enables firms to monitor and manage conduct risk using a single system and dataset. The platform simplifies complex compliance workflows, streamlines data management, and supports rapid response to emerging risks.
The latest version of MyComplianceOffice introduces a wide range of new features aimed at enhancing visibility, control, and automation. These include tools for Employee Personal Trading, Communications Surveillance, Gifts & Entertainment, Political Contributions, Outside Business Activities, Connected Persons, Licensing & Registrations, Deal Review, Compliance Obligation Management, and Know Your Third Party. The improvements deliver greater transparency, stronger controls, and faster issue resolution.
Among the key enhancements are dynamic reportable items, configurable currencies, and a new Employee Compliance Calendar that improves task management efficiency. Enhanced impersonation session logging now includes mandatory reason capture to support stronger oversight during regulatory reviews. New Legal Hold functionality safeguards sensitive internal records, while granular permission controls in areas such as Licensing & Registrations reinforce secure governance.
The platform also delivers a more intuitive user experience, with streamlined workflows such as periodic review triggers for Outside Business Activities and consolidated assignment handling for Deal Reviews. Updated questionnaire logic enables more flexible attestations and approvals, while expanded audit histories and multi-firm aggregation in Gifts & Entertainment prevent threshold circumvention.
Automation remains a key focus of the upgrade, with new features including auto-closure of trade pre-clearance assignments and automated notifications for denied trades. Coverage has also been extended to structured products such as covered warrants, ensuring comprehensive conflict checks and compliance across asset classes.
Scalability has been improved to better support large compliance teams operating across multiple jurisdictions, thanks to features like bulk assignment handling, quick deal restriction deactivation, and enhanced permission management.
MCO CEO Brian Fahey said, “Our platform is designed to give compliance teams the tools they need to act quickly, decisively and with confidence. This release builds on MCO’s long-standing mission to simplify compliance while strengthening governance and oversight.”
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