In The News: September 2008
October 9th, 2008Source: Finextra – UK
Laserfiche Technology Supports FSA Treating Customers Fairly Rules
The article reports that Laserfiche is offering technology and know-how to help independent financial planners and investment advisers in the United Kingdom meet the requirements of the Treating Customers Fairly (TCF) initiative mandated by the United Kingdom’s (U.K.’s) Financial Services Authority (FSA). Laserfiche’s recent initiatives to enhance regulatory compliance through technology among independent financial advisory (IFA) firms in the United States (U.S.) will serve as a platform for its efforts in the U.K. At the heart of both U.K. and U.S. regulatory schemes is the requirement for IFAs to be able to document their processes and workflows to show compliance. Historically, this has been a manual process, burdening IFAs with increasing costs. Now, however, with advanced document management technology from Laserfiche customized for the business operations of IFAs, meeting regulatory mandates is streamlined and made easy.


