Financial Services

Today’s financial services firms face increasingly stringent regulations regarding how they protect confidential information.  Some regulations are self-imposed, but many others are imposed by external agencies.  While the cost of non-compliance has always been high, trends of greater public scrutiny, faster information transfers and larger deal sizes have not only increased the cost, but also the likelihood of a breach.  To further complicate matters, firms must closely track all critical information flow to verify that breaches do not occur. 

 

Two major challenges for financial services firms are regulatory compliance and information control.

 

Regulatory Compliance Challenges

• Corporate Goverance (NYSE Codes of Conduct)
• NASD 2711
• Gramm-Leach-Bliley Act (and state laws such as the California Security Breach Information Act, SB 1386) 
• SEC 17a-4
• Sarbanes-Oxley (esp. section 404)  

Information Control Challenges

• Access Control
• Secure Deal Rooms
• Executive Communications
• Investor Communications
• Data Retention and Expiration

Liquid Machines Enterprise Rights Management helps solve these challenges.  Using Liquid Machines, financial services firms can establish controls on sensitive information - whether it is personal data from clients, or details of a potential merger, acquisition, IPO, or debt offering.  Policies can be set up to avoid potentially damaging scenarios such as information leaks to the public or to competitors.  Policies can be changed easily, enabling the immediate expiration of any content, any time, anywhere to anyone.  And reports detail who accessed what information, and what they did with it.