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: ...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: ...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: ...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...
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: ...Eisner Case Study. Case Study Industry Accounting Challenges ■ Improved compliance with SEC, NASD and Sarbanes-Oxley regulations for records management and retention ■ Eliminate problems associated with paper documents such as out-of-control storage costs and productivity bottlenecks ■ Ineffi cient...
Summary: ...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. Solution Overview: Implementing Electronic Matter Files with Autonomy iManage....
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: ...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. “More in hope than expectation I typed in...
Summary: ...and Information Management Department must ensure that this data is stored, archived and destroyed as stipulated by the retention schedule. In addition to complying with industry and state regulations, the department must also ensure that files are easily retrievable but still meet privacy obligations....
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: ...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: ...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: ...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: ...This unique capability is invaluable in high-stakes information management applications, such as eDiscovery, where an organization must quickly identify all relevant content related to a particular topic. The appliances leverage Autonomy’s highly secure private cloud, Autonomy Digital Safe, the world’s...
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: ...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: ...are moving toward IT strategies that allow for greater agility and efficiency without sacrificing performance or security. Autonomy Supervisor, and related Autonomy solutions, are designed to help government agencies regain solid control of IT and reduce the complexity of unwieldy IT environments. Autonomy’s...
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: ...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: ...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: ...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.
...
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: ...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: ...of the ideal cloud service provider that you should consider: 1. Proven Track Record and Extensive Experience With Managing Customer Information: The cloud service provider must have a proven history of extensive experience managing customer information and protecting that information for the long term....
Summary: ...interoperability. MTV: There is some discussion around this issue in our community. Perhaps the most serious problem we encounter is scalability. This problem is more of the semantic interoperability. The inability to interoperate can drastically restrict the ability to mash content together from many...
Summary: ...Liberty Mutual Lloyds Bank Ove Arup Roche RWE Safeway SAIC Swedbank University of Manchester 2 The Power of Autonomy IDOL A Meaning Based Approach to Enterprise Information A successful enterprise IT platform must leverage the intelligence inherent within content, integrate with all enterprise systems...
Summary: ...12 months) retention policies in the archive must be set for a “legal hold.” Legal holds are required by companies to systematically enforce retention of data relevant to “pending or reasonably anticipated litigation.” The legal hold process is often a part of a company’s general retention policies....
Summary: ...at five best price levels on buy- and sell-side. For quote-driven markets, best bids & offers must be made available. Post-trade Transparency: Requires firms to publish price & volume of all trades, even if executed outside regulated market. Best Execution: Requires all reasonable steps must be taken...
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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