Compliance Dashboard Option

The Dashboard application requires explicit permission to be set for the user via ZFM using Dashboard authorization. Authorized users may both view and take action on a trade.

When a trading limit rule is violated it will prevent the trade from being sent to the back office. The Reason selected by the user during trade entry will be saved in Operations Notes. The reasons are maintained by the firm via Zia File Maintenance. See File Maintenance for the Compliance option at the end of this document for instructions on setting trading limits and reasons.

Note: Until a Reason is selected the OK is dimmed and not an option. The only alternative is to Cancel Save which will dispaly a message to advise that the Save has been cancelled and the returns you to the trade screen.

Trading Account Limits, cost and % available are shown in the grid.

1. Select a filter for the trades you wish to review and click on the Compliance tab.
2. Trades that have violated the trading limits will appear in the grid for processing. You may select Open or Closed Items.
3. There is a notation in red that rejects require that the trade be cancelled.

• To process a trade, click on the row and Select a Reason from the drop box
• Then click either (1) Book or (2) Reject.
• If Book is selected the trade will go to the back office. If Reject is selected, it will not go to the back office which may result in late reporting.
• If a trade is rejected it will be indicated in red type and must be cancelled. The indication above the grid (3) shows that there is at least one trade that needs to be cancelled. Cancelled trades will not appear in the Open Items list.
• The Review code will be saved in Operations Notes which is where the Reason code from the trade has been stored.

Note: Users are not permitted to process their own trades.

When Closed Items are selected you will see all the trades that have been processed. The B column will show trades that were Booked (Y) or Rejected (N).
Note: Both the Trades list and the Inventory Position list will automatically refresh, and clicking the Refresh button will update both.

You must select a trade before clicking the Book or Reject buttons.

Review reason must contain the text ' Approve ' to Book or 'Reject' to Reject. Failure to do so will display this message. See File Maintenance notes on the last page for instructions on creating reasons.

If no reason is specified, this message will appear.

When the Compliance feature is on and the Dashboard is not running an alert will be displayed on the Zia Trading screen. Be aware that trades that were prevented from going to the back office will be held until processed via the Dashboard - Trade Compliance function.

Assuming you are using an existing Trading Account, open the trading account you wish to update and configure the 'Warn if' section for the compliance option.

Select OverRide Trade Limit. This is the text that will be entered during trade creation when a trading limit is violated. Double click on an item in the Code column to open the window to edit an existing item or click Add to create a new entry as shown in the next screen.

When installed Zia will create some entries, which may be made Inactive by checking the Inactive (1) box for each item you wish to remove.

Select OverSeeTrade Limits. This is the text that will be entered in the Compliance section of the Dashboard when a trade is either Booked or Rejected. For Booking the message must contain 'Approve' and for Reject the text must contain 'Reject'. So Approved and Rejected are acceptable terms and can appear anywhere in the text string. However the REJECT2 text is not acceptable as it does not contain the text Reject.

The process for editing, creating or making an item Inactive is the same as described for the OverRide Trade Limit.