Patent ID: 7467107

Claim:
An interactive computer-based method for facilitating the development and maintenance of internal hedge fund compliance for hedge fund managers, the method comprising: 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; with a computer, 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 with the computer and based on the step of analyzing, generating each of: 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; 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, wherein the compliance manual describes detailed procedures for hedge fund managers; and an internal compliance report for hedge fund mangers customized in accordance with 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.