Laserfiche Highlights Impact of Dodd-Frank Act on Financial Advisors at ACA's Compliance Conference
Emphasizes benefits of electronic recordkeeping for decreasing costs and increasing profitability SAN DIEGO, CA (Laserfiche) - September 22, 2010 - Tomorrow, Laserfiche (booth #15) will participate in a panel discussion on “Books & Records Management” at ACA’s 2010 Compliance Conference. Designed to address the needs and concerns of financial advisors, the session will take place from 2:45-4:00 pm at The Grand Del Mar Hotel in San Diego, CA. During the session, Laserfiche Compliance Director Jeffrey Green will discuss how agile ECM technology will help financial advisors adapt to the sweeping regulatory changes outlined in the Dodd-Frank Act, including: - More state oversight for advisors with less than $100 AUM
- Increased scrutiny from the SEC for larger advisory firms
- Increased supervision from FINRA
“The regulatory changes that financial advisors are facing in the wake of the Dodd-Frank Act’s passage amount to two main things: More frequent audits and more detailed reporting,” said Green. “Without a solid electronic records management strategy in place, advisors’ costs are going to increase and their productivity is going to go down.” Laserfiche enterprise content management (ECM) systems include imaging capabilities that enable advisory firms to eliminate paper waste; records management automation that lowers the cost of compliance; powerful security features that protect confidential client information; comprehensive auditing and reporting capabilities that monitor all system activity; and workflow functionality that enables advisors to automate standard business processes. “Laserfiche ECM systems have been proven to improve compliance, efficiency and profitability at advisory firms across the country,” said Green. “In the face of Dodd-Frank’s regulatory overhaul, it will be the advisors who proactively invest in technology to improve the efficiency of their compliance programs and everyday operations who will realize a disproportionate share of the growth.” About Laserfiche Laserfiche® creates simple and elegant enterprise content management (ECM) solutions that help organizations run smarter. Since 1987, more than 28,000 organizations worldwide—including federal, state and local government agencies and Fortune 1000 companies—have used Laserfiche software to streamline document, records and business process management. The Laserfiche ECM system is designed to give IT managers centralized control over their information infrastructure, including standards, security and auditing, while still offering business units the flexibility to respond quickly to changing conditions. The Laserfiche product suite is built on Microsoft technologies to simplify system administration, supports the Microsoft SQL Server platform and combines with Microsoft Office applications and with SharePoint. Laserfiche is a registered trademark of Compulink Management Center, Inc. About Peelle Tech Since 1996, Peelle Technologies has been providing organizations with a single, trusted source for services and solutions that address their data and document management challenges. Headquartered in Campbell, California, Peelle employs a team of experienced document management professionals with a combination of hands-on production knowledge and technical expertise. Peelle is proud to be both a CMAS (California Multiple Award Schedules) approved contractor and a certified California Small Business. As a systems integrator, we’re committed to partnering with best-of-breed software and hardware manufacturers like Laserfiche, Kofax, EMC Documentum, Kodak and Fujitsu. These strong partnerships provide our clients with innovative, integrated document imaging and management solutions that will meet their unique requirements and stand the test of time. Having cultivated successful, long-term relationships with clients from virtually every industry segment, Peelle Technologies has emerged as a leader among independent document management companies.
Contact Peelle Tech, located in California, at (800) 233-5006 or sales@peelletech.com for more information.
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