CLIC streamlines the entire account management process by integrating key administrative functions: compliance, trade blotter, document management, forms population and client/account databases into a single, user-friendly Web-based interface. All of these activities can be accessed from a single computer screen, making CLIC a significant account management asset.
The only module that Rep/Advisors are required to adopt, at no cost, is CLIC Compliance. Other CLIC modules are available a la carte, with reasonable and competitive pricing.
There are currently six components of CLIC highlighted below: (You can also watch a short presentation.)
- CLIC Compliance — Single login/entry offers full compliance engine functionality that allows many transactions to be approved automatically. CLIC Compliance also offers static commission/fee reports and review of trade activity.
- CLIC Client — Provides interactive commission/fee reporting and interfaces with CLIC Compliance to warehouse client suitability and other important client/account information.
- CLIC Trade — Offers forms population for client signature, submits brokerage accounts for suitability review, assists with electronic blotter, and manages trade entries.
- CLIC Clearing — Allows initial set-up of brokerage shell accounts and the clearing platform software executes trades.
- CLIC Imaging — Transmits scanned, client-signed paperwork to OSJ, integrates electronically for rapid trade and document approval in one step, provides straight-through processing to clearing firms, offers account workflow tracking, and provides submission, storage and retrieval of Cambridge account documents.
- CLIC Away — Provides submission, storage and retrieval of non-Cambridge documents such as tax returns, wills, financial plans, etc.
CLIC Modules can save you time, effort, expense, and office space and offer an SEC compliant disaster recovery solution.
Discover how CLIC can help take your practice to the next level.
