Without question, financial services firms face the most complex and scrutinous regulatory challenges around the world. Firms are subject to an alphabet soup of ever-evolving and strict regulations, such as SEC, FINRA, FCA, IIROC, GDPR, GLBA and many more. Couple this with growing data volumes, communication channels and locations, and it’s easy to see why there is a headline for a data breach or compliance misstep every single day. This costs firms steep financial penalties, impacts productivity, threatens brand reputation, and ultimately hinders customer trust. Compliance leaders and IT departments are challenged with demand to keep environments optimized, secure, compliant, and up to date.
In this whitepaper, you’ll learn the challenges, benefits and best practices for records retention, compliance, and risk management for financial services firms.
