Leveraging the E-archive
Over the past five years, most institutions regulated by the Securities and Exchange Commission have implemented compliance archival technologies. However, this is likely only the first step of a three-phase evolution that, in the end, will ensure that financial institutions are leaders in managing and leveraging unstructured intellectual property, commonly referred to as electronically stored information, or ESI.
Though Wall Street historically has led other industries in the adoption of new technologies, these adoptions were the product of internal, profit-driven decisions. The adoption of archival technologies, however, is the result of regulation and while financial institutions resisted implementing these technologies, ultimately the beneficiary will be the institutions' own bottom lines.
|
||||||||||||||||||
