Tag Archives: regulations

Enterprise Data Archiving Is White Hot

Informatica recently hosted a webinar on Enterprise Data Archiving Best Practices with guest speakers, Tony Baer from Ovum and Murali Rathnam from Symantec IT.  With over 600 registrations, I would say that enterprise data archiving is not hot, it is white hot.  At least for Informatica.  With Big Data entering the data center, organizations are looking for ways to make room – either in the budget or in the data center itself.  Archiving is a proven approach that achieves both.  Given the complexities and interconnections of enterprise applications, Enterprise Data Archive solutions based on market leading technologies such as Informatica Data Archive, can deliver on the value proposition while meeting tough requirements.  (more…)

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Posted in Application ILM, Data Archiving | Tagged , , , , , , , | Leave a comment

Dodd-Frank Legislation and Structured Data Retention

The “Dodd-Frank Wall Street Reform and Consumer Protection Act” has recently been passed by the US federal government to regulate financial institutions. Per this legislation, there will be more “watchdog” agencies that will be auditing banks, lending and investment institutions to ensure compliance. As an example, there will be an Office of Financial Research within the Federal Treasury responsible for collecting and analyzing data. This legislation brings with it a higher risk of fines for non-compliance. (more…)

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Posted in Application ILM, Application Retirement, Big Data, Business Impact / Benefits, Business/IT Collaboration, CIO, Customer Acquisition & Retention, Customer Services, Customers, Data Governance, Data Services, Data Warehousing, Database Archiving, Enterprise Data Management, Financial Services, Governance, Risk and Compliance, Mainframe, Mergers and Acquisitions, Operational Efficiency | Tagged , , , , , , , , , , , , , , , | Leave a comment

Solving FAS 166 And 167 Compliance With Data Integration And Data Quality

Back in June 2009, the Financial Accounting Standards Board (FASB) published Financial Accounting Statements No. 166, Accounting for Transfers of Financial Assets, and No. 167, Amendments to FASB Interpretation No. 46(R), which changes the way entities account for securitizations and special-purpose entities. The new standards will impact financial institution balance sheets beginning in 2010 and will require substantive changes to how banks account for many items, including securitized assets that had been previously excluded from these organizations’ balance sheets. Banks affected by the new accounting standards will be subject to higher risk-based regulatory capital requirements. So what does it all mean and how much will it cost banks to comply?  (more…)

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Posted in Data Integration, Data Quality, Financial Services, Governance, Risk and Compliance, Vertical | Tagged , , , , , , , | 1 Comment