Web-based system and method for hedge fund compliance

A programmable computer system for facilitating hedge fund compliance for hedge fund managers, the system comprising:

• an analytical engine for analyzing received internal input data descriptive of one or more aspects of a hedge fund operation, wherein the analysis includes a determination of one or more of a law, regulation, or industry standard applicable to internal compliance issues related to the one or more aspects of the hedge fund operation based on the received input data and a categorization of some or all of the received input data according to the one or more aspects of the hedge fund operation;
• wherein the hedge fund operation includes a hedge fund manager;
• a compliance guide generator for generating, based on the analysis of the analytical engine, a compliance guide for hedge fund managers which is customized in accordance with the one or more aspects of the hedge fund operation, wherein the compliance guide identifies compliance issues related to a particular hedge fund operation;
• a compliance manual generator for generating, based on the analysis of the analytical engine, an internal compliance manual for hedge fund managers customized in accordance with the one or more aspects of the hedge fund operation, the compliance manual including at least one written procedure for the hedge fund operation, and wherein the compliance manual describes detailed procedures for hedge fund managers;
• and
• a report generator for generating, based at least in part on the analysis of the analytical engine, at least one internal compliance report for hedge fund managers customized for the one or more aspects of the hedge fund operation, wherein the compliance report is generated by the hedge fund manager for addressing compliance and regulatory requirements applicable to the hedge fund manager.

A computer-readable medium encoded with a plurality of processor-executable instructions for:

• generating internal data from sources within a hedge fund operation;
• receiving the internal data as input data descriptive of one or more aspects of the hedge fund operation related to compliance and regulatory requirements, the hedge fund operation including a hedge fund manager;
• analyzing the received input data, wherein the analyzing includes determining one or more of a law, regulation, or industry standard applicable to internal compliance issues related to the one or more aspects of the hedge fund operation based on the received input data and categorizing some or all of the received input data according to the one or more aspects of the hedge fund operation;
• and
• based on the step of analyzing, generating each of;
• a compliance guide for hedge fund managers which is customized in accordance with one or more aspects of the fund operation, wherein the compliance guide identifies compliance issues related to a particular hedge fund operation;
• an internal compliance manual for hedge fund managers customized in accordance with one or more aspects of the fund operation, the compliance manual including at least one written procedure for the hedge fund operation, wherein the manual describes detailed procedures for hedge fund managers;
• and
• an internal compliance report for hedge fund managers customized for the one or more aspects of the hedge fund operation, wherein the compliance report is generated by the hedge fund manager for addressing compliance and regulatory requirements applicable to the hedge fund manager.