About Laven Advisors

Laven Advisors is a regulatory hosting platform operating in the wholesale market, focusing on compliance, governance, and risk management. Laven supports Appointed Representatives (ARs) and clients with robust, scalable solutions to meet regulatory requirements, working extensively with alternative investment managers across private equity, venture capital, and liquid markets.

THE CHALLENGE

Enhancing Oversight and Reducing Administrative Burdens

Faced with increasing regulatory demands, Laven Advisors needed to enhance its oversight of ARs and streamline its compliance processes. Key areas such as attestations, PA dealings, and record-keeping were time-consuming, and the firm sought a solution that could reduce administrative workloads while ensuring compliance and providing a robust audit trail.

THE SOLUTION

A Comprehensive and Customisable Compliance Platform

Laven Partners implemented Leo RegTech to address these challenges. The platform’s centralised and customisable features made it a valuable tool for managing compliance tasks and monitoring AR activities.

Elizabeth Frumson, Compliance Officer and COO at Laven, explains:

“We primarily use Leo for attestations, PA dealings, and record-keeping. These functions support our compliance needs and reinforce our commitment to maintaining a transparent, well-documented audit trail.”

Bartosz Stepien, Associate at Laven, adds:

“We use Leo as a monitoring tool for ARs, leveraging recurring reports such as bank and management accounts to track their liquidity and solvency. Further, its ability to tailor reports in real time based on a user’s prior answers is particularly useful for venture capital clients.”

THE BENEFITS

Time Savings and Workflow Efficiency

Leo has significantly streamlined Laven’s compliance processes, saving time on administrative tasks and creating a more cohesive operational environment.

Elizabeth highlights:

“Leo saves us time on emails, reminders, and team meetings. The compliance calendar is invaluable, helping us track deadlines and obligations seamlessly.”

Bartosz adds:

“Recurring reports and bulk reporting functionalities reduce admin effort. For example, bulk reports can be assigned to groups instead of individuals, a feature especially useful during staff transitions.”

Custom Solutions and Training Management

Laven has developed bespoke content on Leo, including self-assessment questionnaires for principal firms and operational due diligence reports. The system also simplifies training management for staff and ARs by automating scheduling, tracking, and reminders.

“Our ARs have reacted positively to the system’s ease of use and structured support. Centralising training alongside compliance matters has been a major improvement,” says Elizabeth.

Enhanced Oversight and Audit Confidence

Leo’s robust audit trail functionality has strengthened confidence in Laven’s oversight processes. By tracking actions and changes in real time, the platform supports both internal reviews and regulatory checks.

“Leo’s ability to tailor onboarding reports and guide users through compliance requirements reduces the need for explanation calls and extensive request schedules, making the process more efficient,” notes Bartosz.

Seamless Onboarding and Support

The onboarding process with Leo was straightforward and minimally disruptive, thanks to the platform’s intuitive design and responsive support team.

Elizabeth remarks:

“The onboarding process was smooth and efficient. Leo’s customisable features and reliable support make it ideal for our operations.”

A Trusted Compliance Partner

Through Leo RegTech, Laven Advisors has transformed its compliance workflows, reducing administrative burdens and enhancing oversight. By leveraging customisability, automation, and comprehensive management tools, Laven remains confident in navigating complex regulatory landscapes.

Elizabeth concludes:

“Leo has been invaluable for streamlining our workflows and maintaining compliance. Its custom features and excellent support team make it an essential tool for our business.”

Bartosz adds:

“Leo’s centralisation of compliance matters and adaptability to our needs have made it a critical part of our operations. We look forward to continuing this partnership.”