StorLife Compliance Framework
A Proven Framework for Regulatory Compliance
StorLife and SoftCo R8, enables organisations to consolidate and manage all their regulatory compliance requirements through a single, all-encompassing platform. SoftCo's Regulatory Compliance Solution gives you the ability to address regulations like Sarbanes-Oxley, SEC 17-A and Freedom of Information and others with complete confidence.
R8 Compliance Framework
Compliance Solutions
There is a myriad of legislation affecting different organisations. Sarbanes-Oxley, Freedom of Information, Know your Client, Data Protection, Building Standards, Good Practice, Anti Money Laundering - all place an obligation to achieve consistent, enterprise-wide compliance. These stipulations must however be balanced with the need to achieve the organisations goals and targets within their budgetary constraints.
Organisations are now required to adhere to the record retention requirements and disclosure obligations specified by legislation and regulatory authorities in order to conduct business. SoftCo helps organisations meet their obligations through the implementation of a regulatory compliance solution including efficient document tracking, indexing, secure storage, fast retrieval of documents and full life cycle management of all documents.
Mitigating the risk of non-compliance
There is no single solution to the regulatory compliance challenge but there are a number of common ingredients to build the infrastructure upon which organisations can address their obligations.
The introduction of a unified platform with document imaging, document management, records management, compliant storage and business process automation technologies assist organisations in achieving their regulatory compliance goals by enabling fully automated, secure, and auditable operating procedures.
Tracking paper documents can be a difficult process, but converting them to an electronic format facilitates the process of producing an accurate audit trail detailing who has accessed the information, and for what purpose.
SoftCo R8 addresses these core challenges and provides an infrastructure to mitigate the risk of non compliance:
- Capture all documents both electronic and paper based
- Manage document lifecycle, retention periods and digital shredding Business Process automation control and monitoring
- Store all critical information, in a secure format, to compliant storage
- Meet document retention requirements
- Provide comprehensive logging and auditing
- Provide document access and reporting in line with governance guidelines
Deliver Assured Content Authenticity to your Critical Documents
Compliance and corporate governance are now a priority for many organisation and businesses as they respond to new regulatory demands and directives. Organisations are working out how best to meet their obligations by implementing policies across their storage and archive infrastructure so that the right information and content is securely stored for the required amount of time and is safe guarded against unauthorised access or alteration.
StorLife makes compliance an integral part of a company’s daily storage and archiving operations. StorLife offers retention policy features for the classification of content and documents and the setting of retention periods and destruction rules for information held within the archive. To assure integrity and authenticity, StorLife Write Once, Read Many (WORM) offers protection to critical digital information, content and documents. In addition, StorLife also authenticates data by automatically computing a unique digital fingerprint which is recomputed regularly to verify that that the content remains unaltered.
SoftCo has developed a substantial wealth of knowledge over many years of assisting government bodies, regulators and commercial organisations meet their regulatory compliance obligations. This knowledge has been invested in our products and is available via our consulting teams.
For more information on SoftCo's compliance solutions Click here .
