Security and regulatory compliance
Legislation like Check 21, Sarbanes-Oxley, and the Gramm-Leach-Bliley Act involve privacy and other notifications, security and reporting demands that put daily pressure on financial institutions. Government regulations and industry standards force brokers, lenders and financial advisors to standardize processes and institute comprehensive audit trails. SEC regulations and NASD rules for books and recordkeeping demand constant vigilance. Joint accounts, trusts and managed accounts may require different documents for multiple recipients.
PrintNet makes it easer to achieve consistent regulatory compliance because it selects and places appropriate content automatically, reducing the opportunity for human error. It supports Check 21 and IRD initiatives by generating accurate electronic document images. Web client interfaces ensure that CSRs and others generate compliant correspondence using the most current information. Piece-level tracking helps meet verification and reporting requirements.
