TerraNua, a provider of investment compliance solutions, has released a new version of its MyComplianceOffice specifically designed for hedge fund and private equity firms that now must register with the SEC under the recently passed Dodd/Frank regulatory reform legislation.

According to the company, the new version features the Compliance Program Wizard, that will allow firms to build their compliance program while simultaneously automating all their compliance activities.

MyComplianceOffice enables firms to build a compliance management program combining approvals and affirmations, attestations, task management and workflow, certifications, code of ethics, personal trading, policy and procedure management and case management. The system also offers a dashboard view of the entire compliance program which provides firms with access to critical data.

Brian Fahey, CEO of TerraNua, said: “Unregistered hedge funds and private equity firms that will now have a tremendous shift in governmental oversight must now dramatically change how they operate in the adoption and implementation of new compliance policies and procedures, in order to meet stringent regulations required under the new law.

“The latest version of MyComplianceOffice provides these firms with the industry’s most comprehensive solution to all of their compliance needs at a very affordable price.”