Regulatory Compliance

Banks and capital markets companies face huge challenges in complying with new regulations. Companies have tended to manage regulatory change in silos, focusing narrowly on compliance and using compartmentalized regulatory controls. The greatest challenge is to make sure that this integrates into the core operations of the organization.

Types of compliance rules include the following:

  • Internal company policies and procedures

  • Industry standards, such as SEC 17A and NASD 30-10

  • Government legislation and regulation, such as Basel II, International Financial Reporting Standards (in particular IAS 39), privacy and data protection laws, the Sarbanes-Oxley Act, and anti-money laundering legislation

Enterprise Content Management (ECM) solutions from Open Text for regulatory compliance deliver this functionality with the following components:

Supplemented by Business Content (e.g., predefined workflows) to give you a head-start in configuring workstreams and processes, Consulting Services, Training and Support tailored to meet your requirements.

 
 

Meet your Business Goals

Comply with future accounting and regulatory reporting requirements

Improve enforcement capabilities to prevent illegal activities

Increase data transparency

 
 

Key Performance Indicators

Shorter time to market with new products

Faster adjustment of rate structure to match experience

Shorter and more successful audits

 

 

How can we help?