InvestEdge, a provider of financial advisory solutions, announced the release of Compliance Middle Office Management (Compliance MOM), offering new capabilities to its compliance monitoring system.

These new capabilities are designed to reduce compliance costs incurred by wealth managers while maintaining the quality of each conducted review.

Compliance MOM centers on three key features set to reduce hours spent by those conducting reviews: quality control process, task reassignment, and configurable review types. The new offering is an addition to InvestEdge’s compliance oversight and fiduciary monitoring tools.