What is Trust Account Compliance?
Trust Account Compliance is defined as: Percentage of trust account transactions compliant with regulatory requirements. Non-compliance risks licence and reputation.
What data source is used to measure Trust Account Compliance?
Trust Account Compliance is typically measured using data from a Trust Accounting System. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.
Typical Data SourceTrust Accounting System
Which industries track Trust Account Compliance?
Trust Account Compliance is a key performance indicator used across the following sectors:
How does Firehawk Analytics measure Trust Account Compliance?
Firehawk Analytics connects directly to your Trust Accounting System and delivers a live Trust Account Compliance dashboard. Configuration is completed within 48 hours — no data analyst required on your team.