Providing market research reports, industry analysis, company profiles and country reports for strategic planning, competitive intelligence, marketing and business research.
Search for Market Research Reports:    

Aligning Technology For Regulatory Compliance Purposes In Banking (Technology Focus)

Published by: Datamonitor

Published: Jun. 14, 2006 - 11 Pages



Table of Contents



DATAMONITOR VIEW

CATALYST

SUMMARY




ANALYSIS

Technology is the enabler and not the solution to achieving regulatory compliance


The financial services industry is currently facing regulatory compliance fatigue


FSIs need to effectively manage structured and unstructured data


Retrieving data that is spread across an enterprise is key

Firms should adapt to evolving storage needs

Efficient security is imperative to business efficiency

Data management can be considered a risk in its own right

Controlling and managing increased data volume is another key factor


Data management is a key factor in compliance IT

ILM offers a strong method of managing regulatory compliance issues


Why email management is so important

Email management and information lifecycle management go hand in hand

FSIs need to establish policies for email and information lifecycle management

Securing data and information is critical

Managing emails effectively can improve productivity




ACTIONS

Regulatory compliance space offers good opportunity for data management vendors




APPENDIX

Extended methodology

Further reading

Ask the analyst




List of Figures

Figure 1: Regulatory IT spend is more focused on the Patriot Act, Basel II and SOX in 2006

Figure 2: Simplified ILM system design

Abstract

Introduction

Virtually all aspects of FSIs are bombarded with real-time information all of the time and trying to manage, analyse and keep track of all this data can be highly taxing and costly. In addition these firms also have to manage historical data often stored in legacy and siloed platforms, most of which is a prerequisite of recent regulations.

Scope
  • The financial services industry is currently faced with a second round of regulatory activity as it slowly recovers from the first round.
  • Efficient data management can aid FSIs comply with different laws and regulations by using same technologies and processes in some cases.
Highlights

Technology is the enabler and not the solution to achieving regulatory compliance; FSIs need to effectively manage structured and unstructured data; Data management is a key factor in compliance IT; Information Lifecycle Management offers a strong method of managing regulatory compliance issues.

Reasons to Purchase
  • Vendors can view how technology is an enabler of regulatory compliance and how data management is a vital factor in compliance IT.
  • Vendors can view how information lifecycle management can great aid regulatory compliance issues.


Get Full Details About This Report >>
US: 800.298.5699
Int'l: +1.240.747.3093
Buy this Report
Price and Delivery Options
Search Inside Report


 

About MarketResearch.com
MarketResearch.com is an online aggregator selling over 160,000 market research reports, company profiles and country profiles from over 600 research firms. Our reports will provide you with the critical business and competitive intelligence you need for strategic planning and marketing research. Coverage includes the US, UK, Europe, Asia and global markets.

 

© MarketResearch.com 2008