The financial services sector is subject to various regulatory compliance requirements that affect businesses around the world. The first and necessary step in navigating your business through this complex regulatory landscape is, of course, to learn all about the specific industry standards and regulations valid in a specific country/territory. Nevertheless, regardless of specific state regulations, a very important aspect of regulatory compliance is connected to electronic data classification, encryption, and data backup security. This applies to all email communication, chats and attachments exchanged.
The approach to handling this aspect can be more or less the same for all organizations in the financial sector. The same level of effectiveness has to be applied to both the examination of business and territory related standards and the protection of data shared and stored within your system. To be able to safely share, store, browse and analyze all the important data relevant to regulatory compliance procedures, you need to automate the data management process.
This can be easily done provided that email communication is handled with care, so check the following infographic to learn how email archiving can help you meet the standards of regulatory compliance and successfully transform and manage your business.