To provide the best and most personalized services to clients and to get the best analytic insights, companies need more data than ever before. Yet to comply with ever-increasing privacy regulations, they need to shed excess data and limit its use.
Take the financial services industry. From SEC 17a-4 to FINRA, banks have been subject to data regulations for decades. SEC 17a-4 requires copies of certain communications be stored for five to seven years on WORM storage where it cannot be altered. It’s a fairly straightforward requirement that improves review and audit capabilities with a singular goal: avoid fraud.
Please visit Enterprise Tech to read the full article.
Click here to download the PDF version.
