Passed in July 2010, the Dodd-Frank Act represents the most comprehensive financial regulatory reform measures taken since the Great Depression. The law includes significant new requirements around the record keeping, retention and reporting of financial transactions, including derivatives and swaps. These requirements apply to all communications and information related to the execution of a trade, including transaction information, emails and recorded audio content. Institutions must retain all relevant information for a minimum of five years, and must deliver information in a very short timeframe when requested by regulators.
In order to achieve compliance, institutions must overcome a multitude of information governance challenges. Their systems must be able to recognize all information related to a trade, including structured data contained in transactional systems, as well as unstructured, human information found in emails, voice mails and Microsoft® Office documents. This information must be managed cost-effectively, so that companies do not break their budgets by indiscriminately storing all enterprise information in on-premises repositories for long periods of time.
Autonomy's compliance solution provides institutions with a unique approach for solving these problems. Powered by Autonomy's Intelligent Data Operating Layer (IDOL), the solution automatically understands concepts, ideas and patterns in all trade-related data. As a result, organizations can quickly index, categorize and retrieve information required to maintain compliance with Dodd-Frank, thus eliminating countless hours of manual effort and data searching.
Autonomy's solution for Dodd-Frank compliance brings together several elements of the company's market-leading information governance platform, giving institutions a comprehensive, turnkey and cost-effective solution for achieving compliance. These technologies have been tuned to interoperate in a seamless manner, and provide administrators with workflows and templates for fast and accurate turnarounds on Dodd-Frank compliance and records-management projects. The solution leverages Autonomy's proven, cloud-based compliance archiving product-the industry-standard on Wall Street-as well as an innovative technology for extracting, storing and retrieving structured data from operational applications. Together, organizations benefit from a comprehensive, complete solution for managing Dodd-Frank compliance.
The solution includes the following products:
HP Application Information Optimizer - safely extracts and indexes structured data from production or legacy systems, and processes records for retention and archiving requirements.
HP Autonomy Consolidated Archive - archives data on premises, in the cloud and via appliances, and provides the industry's only intelligent governance layer from which businesses can drive their compliance, eDiscovery and records management initiatives directly from archived data.
Additionally, the Autonomy solution leverages the HP Converged Cloud, allowing customers to take advantage of HP's world-class and proven cloud data centers for running mission-critical applications and operations.
"The record keeping and associated regulations issued under Dodd-Frank for the derivatives markets impose significant new information governance challenges," said George Tziahanas, vice president of Legal and Compliance Solutions at Autonomy, an HP Company. "Autonomy's ongoing leadership in this market has led major institutions, which represent major swap participants and dealers, to select Autonomy's extended compliance platform to help address their obligations"
Autonomy, an HP Company, is a global leader in software that processes human information, or unstructured data, including social media, email, video, audio, text and web pages, etc. Autonomy's powerful management and analytic tools for structured information together with its ability to extract meaning in real time from all forms of information, regardless of format, is a unique tool for companies seeking to get the most out of their data. Autonomy's product portfolio helps power companies through enterprise search analytics, business process management and OEM operations. Autonomy also offers information governance solutions in areas such as eDiscovery, content management and compliance, as well as marketing solutions that help companies grow revenue, such as web content management, online marketing optimization and rich media management.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.
Microsoft is a U.S. registered trademark of Microsoft Corporation.
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Summary: ...via Scrittura Autonomy Along with many of the world’s leading financial institutions, a business obligation of Scotiabank requires the publishing of various metrics and transaction-specific data to various external entities. One of these external bodies is the International Swaps and Derivatives Association...
Summary: ...a number of registers, records and lists, keeps data records, and provides for the development of information systems within the field of work. Concerning the fulfillment of international obligations PARS compiles various reports, analysis, information and other documents, represents the Republic of Slovenia...
Summary: ...processes and procedures. As the years pass, these records accumulate, and as they accumulate, the cost of storing them mounts. To keep their records manageable, control costs, and be compliant with applicable laws and regulations, companies must periodically purge records they are no longer required...
Summary: ...Frank Russell Company - Case Study. Phase I of Russell’s syndication model involved the delivery of public content to Northwestern Mutual’s (Russell’s parent company) public site, and to agents’ personalized sites. “Autonomy already enables us to communicate in a way that many of our competitors...
Summary: ...systems. The Benefits • Ensures the organization is compliant with industry standards and legislation related to CE markings and its own internal regulations • Sales, Engineering, Testing and Commissioning staff have the ability to save electronic project documents including email into the electronic...
Summary: ...Leonard Street & Deinard Case Study. Case Study Industry Legal Geography Minneapolis, St. Cloud and Mankato, MN and Washington, DC Challenges n Organize the firm’s 1.5 million documents for faster, simpler access n Group related documents—no matter what type— together, so that there’s one place...
Summary: ...tuning, its ERP systems were provided with efficient growth management. Jinan Steel uses HP’s Oracle EBS database archiving solution to solve a series of problems brought about by its sudden increase in data. By moving obsolete and closed transaction data to another historical, yet online, database,...
Summary: ...HKMP Case Study. Case Study Industry Accounting Challenges: n Industry pressures made it crucial to maximize efficiency & productivity n A previous DM system failed to keep pace with evolving requirements & was unable manage the full range of firm content n Regulatory compliance made effective retention...
Summary: ...Monitors collection processes, validates all transactions and assures the correctness of the transmission process. Digital Safe: This organization expects to double previous data volumes. Collected data is automatically classified and flagged with project specific retention requirements. Accessibly to...
Summary: ...are owned by their respective owners. All rights reserved. cs_ANAO_singlepg_20081029 Reducing the paper mountain The benefts became evident quickly. “We are now collecting all our data electronically, scanning documents and storing them in the EDMS. We can do searches, relate documents and link to documents...
Summary: ...Ernst & Young - Case Study. With the very diverse customer needs, this has proved to be an invaluable tool to keep staff up-to-date on the latest news and make sure nothing has been overlooked that could help customers achieve their goals. Being able to retrieve necessary information easily and rapidly...
Summary: ...San Antonio and surrounding communities. CPS customers’ combined energy bills rank among the lowest of the United States’ 20 largest cities. The utility also prides itself on the reliability of its services, its commitment to renewable energy—16% of its energy is derived from wind, solar and landfill-generated...
This is a small selection of the Autonomy case studies available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...trading. n Scrittura Matcher is a comprehensive matching engine that can be used on a bi-lateral or hosted basis for diverse matching of OTC messages. Proven benefits to financial institutions The Scrittura solution suite is aimed squarely at the real-world trade processing problems in back-offce departments...
Summary: ...of application transaction volumes • Provides integrity of production and archive data at all times through native database support, and transaction consistency models • Supports native Oracle partitioning and partition swapping for fast data movement while archiving all related non-partitioned data...
Summary: ...mobile and offline workers. • Largest ecosystem of Financial Services product integrations in the market. • Proven technology used by a majority of the G16 Banks. Complete Post Trade Automation Autonomy GCM draws on its market leadership and expertise in Document Management, automated document tracking,...
Summary: ...regulatory data retention rules are observed by defining residence and retention periods for all data. • Flexible Deployment – Businesses can deploy ARM on premise, in the cloud, or maintain a hybrid deployment that includes a combination of cloud and on-premise information, allocating data to each...
Summary: ...complex workflow needs of middle and back office processing of non-exchange-based trades. Built to automate and manage the full lifecycle of trade documentation and operations, Autonomy Capital Market Solutions enable operations professionals to easily manage increasing volumes of multiple transaction...
Summary: ...to extract meaning in real time, and act on all forms of information, including audio, video, social media, email and web content, as well as structured data such as customer transaction logs and machine-based sensor data. Tap the Power of Autonomy IDOL, Autonomy’s Private Cloud, and HP Converged Infrastructure...
Summary: ...meaning based modules for compliance supervision, classification, records management, advanced analytics, capture from desktops and over 400 different content repositories. DSmail DSmail is an affordable turnkey, cloud-based archive offering for email and IM communications. It provides secure capture...
Summary: ...businesses can drive their eDiscovery, compliance and information governance initiatives directly from archived data in the cloud, on premise or via an appliance. • Autonomy Legal Hold: The only solution that automates the entire legal hold process to comprehensively meet the preservation obligation....
Summary: ...Intelligent Data Operating Layer) serverTM. System Architecture Oracle Fetch is used to retrieve content from an Oracle database. The tables or views that are to be aggregated must be specified, together with the fields in that table which contain the content that is to be indexed into IDOL server™....
Summary: ...Data Operating Layer) serverTM. System Architecture ODBC Fetch uses an ODBC data source to retrieve content from a database. The tables or views that are to be fetched must be specified, together with the fields in that table which contain the content that is to be indexed into IDOL server™. Configuration...
Summary: ...Comprehensive Information Management Solutions from HP and KPMG - US English. CIM also deals with key issues relating to your information overload by applying corporate-wide processes for data retention—helping you understand what to keep and for how long. You can implement policies and lifetime management...
Summary: ...and Freedom of Information acts), HP TRIM supports major regulatory standards. It is proven in government and regulated industry organizations, and is ideal for global enterprises that need to meet regulatory compliance obligations, reduce risks, and improve overall productivity. Add rigor to your business...
This is a small selection of the Autonomy Product Briefs available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...entire corpus of enterprise information regardless of communication channel or data format—structured or unstructured. Autonomy’s unique technology represents a major step forward in reducing the risks inherent in huge content stores and multichannel interactions. Compliant Communications – Autonomy...
Summary: ...to align litigation and compliance related practices. This new environment will require firms to adopt platforms to seamlessly manage complex policies to support compliance, litigation, internal investigation, record retention, and related obligations across information formats and sources. Given the...
Summary: ...very least, organizations that are intentionally capturing interactions, or are likely to include interactions that could contain personal or private information, will be required to appropriately protect that information according to a variety of obligations. In addition, consider the implications if...
Summary: ...and the levels for classification were arbitrarily fixed at three levels. Digital records do not have to be in a container to be associated with categories. Innovative configuration, form design and new ways to apply rules allow automatic attribution of classification without hierarchical folder structures...
Summary: ...database size and unmanaged growth in production databases. HP Database Archiving software manages the production and related non-production databases and allows businesses to be more responsive and keep costs under control while meeting data retention and compliance requirements.
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Summary: ...governance platform that leverages meaning-based computing to provide automated real-time policy management based on a conceptual and contextual understanding of the entire corpus of enterprise information. Autonomy’s unique technology represents a major step forward in reducing risks inherent in information...
Summary: ...HP supports a comprehensive array of big data delivery models. Companies can run IDOL on-premise, in the cloud, or in a hybrid environment that includes both onsite and offsite resources. Cloud-based IDOL components utilize HP’s 50-plus petabyte private cloud, the largest system of its kind in the world....
Summary: ...your long-term retention capability, as well as your compliance stance. 4 Why Cloud and How to Choose a Cloud Vendor Selecting The Right Cloud Storage Service Provider You can only achieve the many benefits of cloud-based backup if you select the right cloud service provider. Here are some characteristics...
Summary: ...infrastructure, and scalability that a cloud backup solution provides. In addition, you free up your valuable staff resources for other projects that have a more direct impact on your productivity and the profitability of the business. 6 7 4 Why Cloud Backup: Top 10 Reasons Cloud backup solutions offer...
Summary: ...Achieving Compliance and Governance in IT Operations - Sarbanes-Oxley Regulations (ITIL, COSO, CobiT). The Sarbanes-Oxley Act outlines strict new corporate governance rules, regulations and standards for publicly traded companies; other regulations such as the Healthcare Information Portability and Accountability...
Summary: ...such as notes from a phone call, letters signed by a client, or emails. These limitations are overcome by three key technologies which, when used together and in conjunction with transaction processing systems, can help companies achieve compliance while at the same time streamlining their business and...
Summary: ...Keep employees informed and up-to-date • Reduce the cost of maintaining unstructured information within any environment • Reduce the time taken to navigate to related information • Retain interest through dynamically recommending further content • View category results and summaries • Detect...
This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.
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