FDIC Compliance Archiving
With a flurry of recent bank mergers, banks are seeking to decommission legacy applications and archive structured and unstructured information to comply with FDIC mandates. Paragon has proven approaches to developing an archiving strategy for legacy content and data for applications that may be obsolete, redundant and potentially non-compliant. Our team will assess the location of the data and content, the rules or processes that are supported and the impacted applications. Paragon uses its best practices to design a retention policy and approach that addresses the client’s specific objectives for making recommendations for products and tools that support a tiered environment. Benefits to clients include improved application performance by reducing redundancy, controlled access and security to meet compliance demands, and lower total cost of ownership by eliminating unnecessary maintenance of legacy applications or data.
Strategy Roadmap