Audit and Compliance
Storing and organizing your documents in a single electronic content services and enterprise content management (ECM) repository gives your institution competitive advantages. Deploying ECM in your institution allows faster access to information while guaranteeing consistent and timely management and disposition of documents. This facilitates easier audits, ensures compliance with internal and external standards and prevents costly legal battles.
Achieve compliance with Content Service solutions from IDT
With ECM solutions from IDT, employees don’t spend time searching for, tracking and managing paper. Instead, your team focuses on projects that bring value to the organization and make a difference to customers. Keeping you in compliance with regulations and prepared for audits, ECM solutions from IDT featuring Hyland OnBase log every time a user accesses, views, edits or acts on a document. Executives and managers have easy access to review all audit logs to ensure everyone is following the organization’s rules. You even have the ability to make the audit logs available to external auditors (such as OCC) via a secure website, helping to avoid costly penalties and ensuring corporate and industry compliance standards are met while reducing the cost of and billable hours for external auditors.
With ECM solutions featuring Hyland OnBase and CAPSYS CAPTURE ONLINE available from IDT, your institution:
- Ensures consistent record keeping, guaranteeing the right information is available to the right people
- Automates document retention to provide consistent disposition
- Responds to audit requests and legal concerns without hesitation
Be proactive with compliance software solutions
In today’s regulatory environment, financial institutions need to make sure their systems are secure, auditable, traceable and flexible enough to quickly adapt to any newer regulations like Dodd-Frank. They also have to be able to adapt to new requirements coming from the Consumer Financial Protection Bureau.
IDT ECM solutions featuring Hyland OnBase and CAPSYS CAPTURE ONLINE provide the tools to ensure consistent record keeping while guaranteeing the right information is available to the right people. And its flexibility means it evolves with financial institutions and the regulations that govern them.
Contact our team to learn more about our compliance software solutions. We’re proud to partner with clients across the country.