Is Your Firm Ready for CAT Regulatory Audits? How RSMS Simplifies Compliance

Feeling the heat of CAT regulatory audits? You're not alone. Compliance expectations from FINRA and the SEC are becoming more complex, and firms are under constant pressure to prove their Consolidated Audit Trail (CAT) compliance. Timely submissions are no longer enough-regulators want complete, accurate data backed by documented Written Supervisory Procedures (WSPs) and regular comparative reviews.

The reality? Many broker-dealers are still relying on outdated systems, siloed data, and manual processes, which create last-minute scrambles when regulators demand transparency. That's why more firms are turning to advanced technology like the Regulatory Surveillance and Management System (RSMS) by Capital Market Solutions to stay ahead of inquiries and audits.

Challenges Firms Face During CAT Audits and Inquiries

https://capmarketsolutions.com/cat/
When FINRA or the SEC initiates an inquiry, compliance teams often face major roadblocks:

Data Fragmentation - Lifecycle data scattered across OMS, EMS, and compliance tools makes reconciliation a nightmare.

Inconsistent Reconciliation - Manual checks leave gaps, duplications, or missing events unnoticed.

Error Handling - Tracking breaks and documenting fixes manually increases operational risk.

Ad-Hoc Inquiry Response - Without centralized tools, preparing timely responses is stressful and error-prone.

This reactive posture not only strains compliance teams but also increases reputational and regulatory risk.

From Complexity to Clarity with RSMS

The Regulatory Surveillance and Management System (RSMS) is a cloud-based platform purpose-built to manage the lifecycle of CAT and Customer Account Information System (CAIS) submissions. It centralizes all compliance data into one secure repository-streamlining FINRA CAT reporting, reconciliation, exception management, and audit readiness.

Instead of scrambling during inquiries, firms gain full transparency, automated reporting, and proactive oversight.

How RSMS Enhances CAT and CAIS Audit Readiness
1. Reconciliation & Exception Handling

Matches lifecycle events with CAT submissions, eliminating manual cross-checks.

Flags breaks, missing links, or duplicates instantly.

2. Audit-Ready Reporting

Every change, repair, and note is time-stamped.

Requested data can be retrieved instantly, minimizing audit stress.

3. Centralized Repository

A single source of truth for CAT and FINRA CAIS compliance records.

End-to-end traceability ensures defensible audit trails.

4. Fast Regulatory Response

On-demand reporting tools deliver answers in minutes, not days.

Reduces operational disruption while strengthening regulator trust.

RSMS CAT & CAIS Modules
CAT - Recon
https://capmarketsolutions.com/cais-connect/

Daily reconciliation against OMS/EMS records ensures submissions align with regulatory standards. By identifying gaps in timestamps, FDIDs, and account types, firms maintain strong CAT compliance without last-minute fire drills.

CATalyst

This advanced analytics module gives compliance teams a proactive edge. It consolidates FINRA CAT data across asset classes, detects anomalies, and supports internal surveillance. Firms can slice, drill, and export datasets directly-ideal for audits or internal reviews.

https://capmarketsolutions.com/cais/
CAIS-Connect

With the increasing scrutiny around Customer Account Information System (CAIS) submissions, CAIS-Connect helps firms validate account data, reconcile records, and maintain compliance confidence. It integrates seamlessly into RSMS, ensuring accurate submissions and readiness for FINRA CAIS audits.

Real-World Audit Scenario

Without RSMS: Teams scramble across fragmented systems, chase down missing logs, and risk delays or incomplete responses.

With RSMS: Compliance professionals access complete lifecycle histories, generate audit-ready reports instantly, and respond with confidence.

The difference? Efficiency, transparency, and regulator trust.

Future-Proof Compliance with RSMS

In today's regulatory environment, firms need more than basic reporting-they need proactive oversight. The Regulatory Surveillance and Management System (RSMS) equips compliance teams to master both CAT compliance and CAIS compliance with ease.

By combining powerful modules like CAT - Recon, CATalyst, and CAIS-Connect, RSMS transforms compliance from a reactive burden into a proactive advantage.

Now is the time to strengthen your audit readiness, streamline FINRA CAT and FINRA CAIS submissions, and future-proof your compliance operations.

Choose RSMS for superior oversight, reduced risk, and regulatory confidence.

Contact:
Capital Market Solutions
Email: sales@capmarketsolutions.com
Office: New York, NY
Visit: www.capmarketsolutions.com

Capital Market Solutions (CMS) is a leader in regulatory, compliance, and reporting solutions for investment banks, broker-dealers, hedge funds, and more. For years, CMS has helped firms by providing reliable and flexible tools to meet regulatory demands. The cloud-based RSMS CAT modules are among CMS's most trusted products, delivering secure, accurate, and efficient compliance processes. By combining smart technology with expert regulatory knowledge, CMS continues to simplify and enhance compliance for financial firms around the world.

This release was published on openPR.