Solution introduction
The RightBRIDGE Investment Wizard uses the RightBRIDGE engine to determine the relevance of specific managed investment products for a client’s goals and objectives
The RightBRIDGE Investment Wizard is configured to include best interest product validation functionality for Reg BI and PTE 2020-02
The Investment Wizard accomplishes this through either its Validation or Selection track.
Product Validation
Under Product Validation, the user picks the investments and the system runs the user’s selections against the RightBRIDGE rules engine to determine if the proposed sale is in the client’s best interest. The system will validate if the selected product(s) will meet the client’s needs as well as complies with regulatory requirements.
Product Selection
With product selection the solution walks the user through a process that helps identify which investment program best meets the needs of the client. When necessary RightBRIDGE then guides the user through the individual investment product selection process. Both the selected program and the selected investments will then be validated for best interest fit.
