Case Study: Investors Group achieves regulatory compliance, operational consolidation and C$600,000 cost savings with ACL

Ensuring Regulatory Compliance And Consolidating Operations Using Acl Data Analysis

Investors Group Inc., Canada’s largest mutual fund company with about 2.6 million clients, more than CDN $74 billion in assets under administration and a network of over 38,000 financial consultants, faced rising business risk from market downturns, complex post‑acquisition operations after buying Mackenzie Financial, and stringent regulatory requirements. The company needed to reconcile disparate data and reporting across systems, ensure compliance with multiple oversight bodies, and detect potential money‑laundering and suspicious trading activity.

Using ACL data‑analysis technology, Investors Group implemented continuous transaction monitoring, year‑end sample valuations of commission payments, GL reconciliations across mainframe and flat files, cash‑deposit screening (CDN $10,000+), and trade monitoring for suspicious activity. These controls improved regulatory compliance and fraud detection, supported M&A integration, and identified back‑office supplier consolidation that yielded CDN $600,000 (US $480,000) in savings while streamlining reporting and operational oversight.

Investors Group

Brad Kirk

Manager of Internal Audits