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: ...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...
Summary: ...video, audio, text and web pages, etc. Autonomy’s technology manages and extracts meaning in real time from all forms of information, both unstructured and structured, enabling companies to leverage their data assets. Autonomy’s product portfolio helps power companies through enterprise search analytics,...
Summary: ...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...
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: ...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: ...challenges. Because the credit union is regulated by a number of different government agencies, they must meet a range of unique and complicated requirements dealing with the retention and deletion of data. These requirements make it nearly impossible to effectively manage these intricate requests using...
Summary: ...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 powerful tool for companies seeking to get the most out of their data. Autonomy’s product portfolio...
Summary: ...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 hp.com. “As hardware gets smaller and employees are...
Summary: ...handling regulations About HP Autonomy HP Autonomy 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...
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: ...The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, services and IT infrastructure to solve customer problems. More information about HP (NYSE: HPQ) is available at www.hp.com. “Autonomy’s solution has quickly become an integral part of our...
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: ...or product group criteria. A single platform to all external utilities Autonomy’s Scrittura provides instant connectivity to both Dodd Frank mandated global trade repositories such as DTCC GTR and ICE Trade Vault, as well as confirmation utilities such as DTCC Deriv/SERV, ICE eConfirm, SWIFT and EFETNet....
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: ...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 powerful tool for companies seeking to get the most out of their data. Autonomy’s product portfolio helps power companies through...
Summary: ...document generation and trade lifecycle management. Client On-boarding Automation Many organizations, including financial institutions, struggle to properly manage their new business intake and client on-boarding, and account opening processes. All communication and documentation with the clients must...
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: ...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: ...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 www.hp.com.
...
Summary: ...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 powerful tool for companies seeking...
Summary: ...Autonomy Global Capital Markets. • Autonomy GCM delivers a fully integrated solution designed to simplify the entire trade confirmation process for OTC derivatives. The solution is based on proven technology as used by the majority of the ‘Fed-18 banks’ and is available now as a pre-packaged, easy...
Summary: ...compliance-related regulations. In addition, by protecting data ofsite, you improve long-term retention capabilities. Business white paper | HP Data Protector 2 CIO Magazine, March 2010, Article: CIOs Must Fit the Cloud Into IT Strategy. Leveraging the cloud can also alleviate the need for additional...
Summary: ...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 powerful tool for government agencies seeking to get the most out of their data. Autonomy’s product portfolio helps power...
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...
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: ...Specifically, Title VII states, “Pursuant to Part 45 of the CFTC’s regulations, end-users are required to ‘keep full, complete, and systematic records together with all pertinent data and memoranda’ of each swap transaction in which they are a counter-party until the swap has been fully terminated...
Summary: ...of creating and applying policies and controls across financial and transactional systems. Following suit, electronic communications and unstructured data are now viewed as traditional documents according to regulations like SEC 17a-4, cases like Zubulake v. UBS Warburg, and the Amended Federal Rules...
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: ...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: ...tools for structured information together with its ability to extract meaning in real time from all forms of information, regardless of format, is a powerful tool for companies seeking to get the most out of their data. Autonomy’s product portfolio helps power companies through enterprise search analytics,...
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: ...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: ...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...
Summary: ...policy, there are also practical reasons. The financial costs of indiscriminately storing and keeping track of large volumes of paper records, whether on site or at a remote location, cannot be ignored. Moreover, storing large amounts of computer data can leave insufficient hard drive or network space...
Summary: ...Modulo Brings Risk Manager to Cloud, David Roe, Feb 25, 2011 9 A model solution for social media governance Social media as a technology and as a platform for various types of interactions will continue to evolve rapidly and likely outpace whatever a legislature or regulator can put in place. In addition,...
Summary: ...Information Governance How IG helps you meet corpo.... knowing what information exists within your organization is a must, harnessing it as an asset is nearly impossible without technology, and keeping all information forever is a risk-laden practice for a wide range of reasons. As many organizations...
Summary: ...HP StoreEasy and Cloud-Based Data Protection - Protecting critical file data on HP StoreEasy with HP Autonomy LiveVault. CIOs Must Fit the Cloud Into IT Strategy 4 CIO Magazine, March 2010, Article: CIOs Must Fit the Cloud Into IT Strategy 4 Reduce backup and recovery costs Due to economies of scale within...
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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