FINANCIAL SERVICES DATA GOVERNANCE
Optimize regulatory compliance for financial services communications.
Preserve and monitor communications for financial services compliance.
Ensuring regulatory compliance for financial services is complex. FINRA, FCA, SEC, and other global regulators have specific requirements for capturing, retaining, and supervising business communications. With Veritas solutions, you can effectively manage, protect, and govern customer and operational data, ensuring compliance while eliminating the risk of costly fines.
Top challenges standing in the way of financial services compliance.
$1.8B
in fines issued to Wall Street firms for misuse of WhatsApp communication in 2022 alone. (Source: Veritas)
62%
of professionals report potential surveillance gaps due to the number of communications channels. (Source: 1LoD.com)
56%
of organizations have experienced a cyber incident that impacted their ability to meet governance requirements. (Source: ESG)
Enable end-to-end communications compliance.
Stay ahead of regulatory obligations with a comprehensive portfolio of integrated services.
Collect Everything
Capture and manage content across more than 120 channels with full context and fidelity.
Archive & Preserve
Store and manage content lifecycles in on-premises, cloud, and as-a-service environments.
Classify & Enrich
Classify content and enrich metadata with pre-built and customizable policies.
Automate & Review
Surface critical data and conduct surveillance review for monitoring and investigations.
Minimize compliance risk and optimize discovery outcomes.
Financial organizations share enormous volumes of content across numerous communication channels every day. Managing proper data capture, collection, and archiving activities that adhere to regulations can be expensive.
- Leverage data capture across Bloomberg, Google, Microsoft 365, Salesforce, ServiceNow, and more
- Access more than 120 data sources directly from Veritas Alta™ Archiving for seamless data capture and archiving
- Minimize compliance risk by using existing infrastructure instead of relying on a third party
Enhance data compliance across every channel.
Seamless data archiving and retention enables automated identification of key content. This is vital to maintaining compliance for financial services organizations.
- Safeguard data retention information in a single, searchable online repository within secure and private multi-tenant data centers
- Synthesize intelligence across unstructured data sources to minimize business and compliance risk
- Reduce costs with a consistent monthly subscription model
Noise reduction features within Veritas provided reductions of up to 80%. We used Veritas out-of-box policies to drive alerts, resulting in a 2,000% increase—including one severe violation that legacy techniques would have missed.
Automate compliance across your entire data estate.
With automated data classification based on expert-trained systems and artificial intelligence, Veritas empowers you to make informed decisions regarding compliance risks.
- Identify more than 1,100 data types using expert-trained patterns out of the box or customize your own
- Leverage AI/NLP with language detection and sentiment analysis, plus advanced keyword conditions, regular expressions, exact data match, document similarity, and more
- Test policies and view results with hit highlighting before putting them into full production
Streamline compliance with AI-powered supervision.
Leveraging built-in automation, AI, machine learning, and natural language processing, Veritas enables you to quickly focus on risky behavior, surface relevant content, and stay ahead of compliance obligations.
- Drive efficiency with transparent policies that you can copy and modify to better serve specific requirements
- Reinforce defensibility using classification-driven sampling with targeted review
- Confirm regulatory compliance with guaranteed sample, random sample, and ad hoc searches
AI-Powered Surveillance and Risk Detection
AI models will transform processes across sectors, including financial services.
Explore Veritas Alta™ | Enterprise cloud data management platform.
Veritas Alta brings together a best-in-class portfolio of cloud-based data and applications services in a single, powerful platform.
Learn about our integrated cloud data services.
Veritas Alta™
View
Centralized, cloud-native data management console.
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Data Protection
Cloud-native data protection for enterprise-scale workloads.
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Backup as a Service
Enterprise data protection as a fully hosted service.
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SaaS Protection
Multi-layered data protection for SaaS applications.
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Recovery Vault
Fully managed, cloud-based data retention service.
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Enterprise Resiliency
High availability for business-critical applications.
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Storage Resiliency
Optimized cloud storage for business-critical applications.
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Capture
Data capture and collection from 120+ sources.
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Classification
Automated classification that minimizes compliance risk.
Veritas Alta™
Archiving
Cloud-based data archive and data retention.
Veritas Alta™
Surveillance
Automated, cloud-based regulatory compliance.
Veritas Alta™
eDiscovery
End-to-end eDiscovery as a service in the cloud.