Accelerating Dodd-Frank Compliance Initiatives
The new Dodd-Frank financial regulations represent an important piece of financial legislation that has a major impact on financial institutions. The law tries to prevent future financial crises by forcing regulators to consider institutions in light of what they do — rather than what they are. The impact of the law could significantly change the way financial products are bought, sold and traded. The major challenges for financial services companies are the soaring legal and technical costs required to transform their IT environments to comply with this legislation.
Addressing these requirements will pose significant operational and technical challenges, but Syntel’s Dodd-Frank compliance solutions help you understand and quantify these impacts, prepare effectively and jump start the compliance process.