Financial Services · Advice & Asset Management

Compliance intelligence for financial services. Before your documents reach a client.

FAIS, CoFI, and FSCA requirements encoded and applied to every document you produce — records of advice, disclosure documents, fair conduct programmes, and marketing material.

Minutes.

Report in your inbox, fast

50+

Regulatory frameworks encoded

100%

Your control preserved

Zero gaps

Consistent every review

app.avidara.co.za/review/AVD-00042

Compliance Review — AVD-00042

Financial Services · Advice & Asset Management · Document analysis complete

1 critical2 major
CriticalRegulatory gap — Section 4.2
MajorCompliance deviation — Section 4.1

The challenge

Every document you produce carries regulatory exposure.

Financial advisers and asset managers produce a continuous stream of client-facing documents — records of advice, replacement justifications, minimum disclosure documents, promotional material. Every one carries FAIS and CoFI exposure. Most practices rely on internal review or outsourced compliance functions that check whether the process was followed. Neither consistently verifies whether the document itself meets the regulatory standard in content.

That is the gap. Avidara encodes the applicable regulatory ruleset — FAIS General Code, CoFI conduct standards, FSCA requirements — and applies it to your documents before they reach a client or a regulator.

Critical

Unsupported recommendation

ROA recommends a product the stated needs analysis does not support. A critical FAIS exposure under s8(1)(c) — missed across two internal reviews.

Major

Conflict of interest undisclosed

The adviser holds shares in the product provider. No disclosure made. A mandatory FAIS requirement, absent entirely.

Major

Non-compliant performance claim

Return figure quoted using a methodology not aligned to the ASISA standard. Distributed to over 3,000 clients before the error surfaced.

Minor

Outdated regulatory reference

Document cites a superseded Board Notice. Minor in isolation — but signals the document has not been reviewed against current requirements.

What is Avidara

Not a consultancy. A compliance intelligence layer.

Avidara encodes the regulatory rulebook for your industry and applies it consistently, exhaustively, and independently every review. The methodology is universal. Only the ruleset changes per industry.

"The market invested in compliance infrastructure. Avidara addresses compliance intelligence. That is the gap."

The findings are ours. The decisions are yours.

01

Speed beyond human capacity

Every PI reference cross-checked, every claim validated, every mandatory element verified — in parallel, not sequentially.

02

Exhaustive consistency

No reviewer fatigue. No commercial pressure. The same rigour from finding one to finding fifty — every single time.

03

Independence preserved

Avidara flags, analyses, and reports. Your team reviews, validates, and owns every decision. Control stays with you — always.

Documents we review

Every document type. One methodology.

The same structured finding report — graded Critical, Major, or Minor — regardless of document type. The ruleset changes. The rigour does not.

Highest frequency

Record of Advice (ROA)

The most frequent high-risk document in the advice industry. Avidara verifies mandatory FAIS disclosures are present, the recommendation is supported by the stated needs analysis, conflicts of interest are disclosed, and all product information is accurate.

FAIS General Codes8(1) complianceRecommendation support

Minimum Disclosure Document (MDD)

ASISA and CISCA prescribe the content of MDDs for collective investment schemes. Avidara checks completeness, accuracy of performance figures, risk disclosures, and benchmark representation against the prescribed standard.

ASISA standardCISCAPerformance claims

Fair Conduct Programme

CoFI requires institutions to design, maintain, and evidence fair conduct programmes. Avidara reviews the FCP against CoFI obligations — identifying which requirements are addressed, partially addressed, or absent — before the FSCA sees it.

CoFI ActFSCA requirementsGap analysis

Target Market Determination (TMD)

CoFI requires TMDs to be accurate and evidenced. Avidara assesses internal consistency and whether stated target market criteria are actually reflected in the product documentation.

CoFI ActProduct governanceConsistency check

Replacement Advice

A high-risk document with mandatory comparison and disclosure requirements. Avidara identifies every gap against the prescribed standard before the document reaches a client.

FAIS replacementMandatory comparisonsDisclosure checklist

Client Communications & Marketing

Investment return claims, product promotions, and market commentary sent to clients. CoFI's fair promotion rules apply. Avidara reviews accuracy, completeness, and compliance before distribution.

CoFI fair promotionReturn claimsClient-facing

How it works

Three steps. Zero ambiguity.

You bring the document. Avidara brings the rulebook. You get a clear, structured finding report before anything leaves your desk.

app.avidara.co.za / review / new

New Review

Drop your document here

PDF, DOCX, XLSX, PPTX, JPG, PNG — max 50 MB

Momentum_WM_ROA_ClientJ_v2.pdf

1.4 MB · FAIS General Code · CoFI Conduct Standards · Ready

Why Avidara

Built differently, by design.

No internal bias

Avidara answers only to the regulatory rulebook, not to commercial timelines, marketing budgets, or launch pressure.

Intelligence, not checklists

Findings come with context — the exact PI section, why it matters, and what correction is required. Not a flag, a path forward.

Control stays with your team

Avidara produces findings. Your team reviews, validates, and owns every decision. We are a prerequisite to your compliance decision, never a substitute.

Universal methodology, vertical rulesets

The same analytical framework whether the document is a pharma PI, a transport permit, or a chemical SDS. Only the encoded ruleset changes.

Consistent at scale

No reviewer fatigue, no variation between team members. The same rigour from review one to review one thousand.

Structured for your MLR file

Every report formatted for direct inclusion in your Medical, Legal and Regulatory record — with version control, outcome status, and sign-off blocks.

Zero Data Retention — by design

All AI processing runs within Avidara's private cloud infrastructure. Your documents are never transmitted outside that environment, never stored after processing, and never used to train any model — by contractual terms and by architecture.

Always current.

Avidara monitors regulatory updates from SAHPRA, EMA, FDA, MHRA, TGA, Health Canada, PMDA, NAFDAC, and others — so the review framework reflects current requirements, not last year's guidelines.

Not in Financial Services?

Avidara serves multiple regulated industries with the same analytical rigour — only the ruleset changes.

Book a review

Ready to close your compliance gaps?

Two ways to engage — pick the one that fits your situation, or tell us what you need and we will recommend the right approach.

Private cloud infrastructureNDA as standardPOPIA compliantNo document storage

No commitment required. We will confirm scope and turnaround before any work begins.