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.”
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 gives financial advisors the ability to simplify regulatory compliance, improve profitability and limit exposure to civil and criminal liability. It allows advisors to prepare for audits more easily and helps compliance with multiple state, SEC and FINRA regulations—all while accelerating business processes and making staff more efficient.
Laserfiche is a registered trademark of Compulink Management Center, Inc.