Compliance Solutions

Dodd-Frank presents a serious compliance challenge to the Financial Services industry.

With stringent reporting and record keeping requirements, including searchable voice communications, companies are required to have Swaps and Derivative records readily accessible and WORM compliant. Advanced storage and indexing capabilities with rapid response times are necessary to comply with Dodd-Frank compliance requests which require new technology designed to meet these tougher demands.

13 Dodd-Frank Challenges You Need to Be Ready For

What is Dodd-Frank?

In 2010, The Dodd-Frank Wall Street Reform and Consumer Protection Act (a.k.a. Dodd-Frank) was signed into law in response to the failures of the Financial Services industry that led to the Great Recession of 2008. The Act created five new federal regulatory bodies resulting in nearly 250 new federal regulations. Many of Dodd-Frank’s impending requirements have yet to be implemented, and the weight of its full force has not yet been felt. Taking a wait-and-see approach may prove to be a costly gamble.

Learn More about Dodd Frank Compliance

We bring together deep domain expertise in Technology Solutions, Process Management and Financial Services to provide your company with the following benefits:

  • WORM compliant, audit-friendly record keeping storage
  • Lower cost associated with regulatory responses
  • Reduced risk of noncompliance and associated fines
  • Fewer manual steps and demands on resources
  • Improved business processes
  • More efficient workflow with improved access to the data you need when you need it

Who Can Benefit from Dodd-Frank Compliance Solutions?

We are typically engaged by Financial Services executives responsible for compliance across their organization and who may be:

  • SWAPS and Derivative dealers and/or counterparties
  • Accountable for maintaining compliance with many layers of regulations simultaneously
  • Managing operational guidance to support company-wide compliance
  • Ensuring the business is running as efficiently and cost-effectively as possible

How We Help Improve Your Organization’s Dodd-Frank Compliance

Our team of industry experts will help you make a compelling business case for the organizational benefits of our Dodd-Frank Compliance Solutions, including improved operational efficiency, data integrity and enhanced compliance.

Our Team Can Help You:

  • Implement a WORM compliant, responsive record archive
  • Consolidate data and reporting functions into a single storage location to facilitate compliance
  • Support faster portfolio reconciliation and compression to meet new regulatory demands
  • Implement the latest best practices for compliance regulations
  • Build compliance-friendly procedures directly into your company’s technology solution
Preparing for Dodd-Frank Title VII Reporting?

Preparing_Your_Firm_for_Dodd-Frank_Title_VII_Reporting_-_Paragon_SolutionsRegister to watch, "Preparing Your Organization for Dodd-Frank Title VII Reporting" and learn the major reporting rules, the impacts they have on your organization and best practices to help you plan.

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