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Financial
Services
 Sarbannes
Oxley is only one of some fifty regulations applied to the financial
services industry in the last few decades. In this emerging electronic
age, regulators had to mandate that sensitive financial and personal
information be held so secure that it was impervious to hackers,
thieves and fraud.
Dynamic and collaborative work products in financial services include
financial reports, due diligence findings, regulatory filings, client
records, transaction and settlement statements, letters of credit,
contracts and agreements. Any and all of these rely on the integrity of
the content of each document. Questions as to this integrity have cost
millions of dollars in challenging litigation.
Sample Case: A letter of credit (LoC) that provides financial assurance
for a shipload of product coming across from the other side of the
world can be authenticated at every port – the bar code scanned and the
document integrity verified and warranted to match the bill of lading
and shipping documents.
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