Skip to content

INSIDER LIST MANAGEMENT SOFTWARE

Request a demo for InsiderLog

Expertly automate your insider list management.

  • Automate the administration of insider information tasks
  • Store insider lists (PDMR, IAS24, Sensitive and Permanent) automatically in ESMA-format, ensuring compliance with GDPR and MAR
  • Ensure ongoing compliance thanks to regular, automatic version updates

ASK FOR A DEMO NOW!

Request a demo

Trusted by

Under the Market Abuse Regulation (MAR) issuers and advisors face strict requirements when handling inside information, maintaining insider lists, and managing insider risk. Manual compliance is time-consuming and comes with great risk. Insider list management software removes the burden of manual administration and mitigates insider risk, the chances of hefty fines and reputational damage.

Insider list management software with all the features needed for seamless MAR compliance.

Insider & confidential lists

InsiderLog is insider list management software that streamlines the opening of event-based lists, as well as documenting delayed disclosure of inside information in MAR-compliant formats. It also enables you to document the transactions of PDMRs and Persons Closely Associated (PCAs), with the option to export reports on their holdings and dealings in line with IAS24 requirements.

Insider list management software
Insider register

Data gathering & notifications

InsiderLog automatically informs insiders of their obligations and alerts PDMRs at the start of a closed period. The platform reminds them to fill out their data and confirm participation, saving their responses separately for compliance. As soon as a list is closed, insiders are notified that the information has ceased to be inside information.

Versioning & audit trail

The platform keeps track of the changes you make to your insider lists and automatically saves each new version. At the click of a button, you can access a complete audit trail or send a notification to your local regulator, ensuring you are always prepared for an inspection by the authorities.

Insider register
“When integrating InsiderLog into our operations following our IPO, managing insider lists has been incredibly easy. The platform’s automated notifications and reporting capabilities ensure that we remain in full compliance with MAR. It has truly become essential for our regulatory processes, and we highly recommend it to any company looking to streamline their insider list management.” - Gerrit De Vos, Group General Counsel & Chief Compliance Officer, Azelis Group (EBR: AZE)

Future-proof your process

  • Automated reminders with editable email templates
  • Flexible, customisable forms to gather insider data
  • Granular user management system
  • UTC timestamps applied automatically
  • Market sounding add-on module available
CPL_InsiderLog-UI-Update-Jul-2024_Mockup_290724-5-B-1

MAR compliance made easy with user-friendly insider list management

  • Base License

    • Onboarding
    • PDMR list
    • 2 admins included
    • Support during office hours
    • Unlimited sensitive lists
    • Event-based insider lists

Frequently Asked Questions

What is insider list management software, and what are its benefits?

Insider list management software is a digital tool designed to help you track and manage everyone with access to inside information. It's specifically built to ensure you're fully compliant with regulations like the EU Market Abuse Regulation (MAR). The software automates the process of recording, updating, and monitoring your insider lists. This streamlined approach simplifies regulatory reporting and significantly reduces your administrative workload. It provides a secure, auditable record of who has access to sensitive information, and automatically notifies insiders of their obligations. The software minimises manual errors, reduces the risk of insider trading violations, improves operational efficiency, and keeps everything up to date with instant changes to your registers.

What is an insider register and why is it important?

An insider register (also known as an insider list) is a legally required record of everyone who has access to price-sensitive or confidential information about your company. It's a critical compliance tool under regulations like MAR. Maintaining a well-documented insider register demonstrates compliance, providing clear evidence in case of regulatory investigations. It also helps prevent market abuse by allowing authorities to trace potential issues. Furthermore, it strengthens your internal controls by helping you manage access to non-public information, ultimately protecting your company's reputation by promoting transparency and regulatory adherence.

Who is considered an 'insider manager'?

An insider manager is the person responsible for overseeing and maintaining your company's insider list to ensure compliance with market abuse regulations. Their key responsibilities include tracking when individuals gain or lose access to inside information, ensuring the insider list is accurate and up-to-date, and informing individuals of their obligations. The insider manager also handles regulatory reporting, submitting required disclosures to regulators in a timely manner. Finally, it is the duty of the insider manager to make sure all processes follow the applicable laws. The insider manager plays a vital role in reducing legal risks, strengthening governance, and demonstrating compliance with regulations like MAR.

What does PDMR mean, and why is it relevant?

PDMR stands for Persons Discharging Managerial Responsibilities. This term, used in regulations like MAR, refers to your senior executives, directors, and other key decision-makers who have access to inside information. Because of their positions, PDMRs are subject to strict rules. They must disclose their trades in company securities within specific timeframes and observe periods when trading is restricted (closed periods). Properly managing PDMR obligations is crucial for maintaining market integrity and avoiding allegations of insider trading.

How can insider list software help ensure compliance and reduce regulatory risk?

Insider list software provides a complete solution for achieving and maintaining compliance with MAR and other regulatory requirements. It automates the entire process, handling the creation and maintenance of your insider lists. The software records all insider details, tracks changes in real-time, and generates audit-ready reports for easy regulatory submissions. It also helps you stay ahead of compliance deadlines and minimises human error associated with manual tracking. By centralising all insider information in a secure format, our software enhances transparency, reduces the risk of regulatory breaches, and protects both your company and your employees from potential penalties and reputational damage.

What's the connection between IAS 24 and insider list management?

IAS 24 (International Accounting Standard 24) focuses on ensuring transparency by requiring companies to disclose transactions with related parties. While IAS 24 doesn't directly regulate insider lists, it's a valuable tool for identifying individuals and entities who might have access to privileged financial information. Understanding IAS 24 helps you proactively pinpoint key stakeholders who likely need to be included on your insider lists under regulations like MAR, strengthening your overall compliance posture and reducing risk.