Financial data requires diligent management and safeguards to validate your customers’ trust in you to manage their money. Whether you work in the commercial banking sector, or manage stock portfolios, financial transactions are sensitive and require constant oversight.
Financial markets and the firms that engage in financial activity are overseen by several regulatory agencies, including:
- US Securities and Exchange Commission (SEC)
- Financial Industry Regulatory Authority (FINRA)
- Federal Reserve (FRS)
- Federal Deposit Insurance Corporation (FDIC)
- National Credit Union Administration (NCUA)
To remain in compliance with all these agencies, financial transactions must be clearly documented, and to maintain consistently efficient work practices, your internal business processes should also be documented. Financial governance includes financial policies, internal and external audits, and data management. We have vast experience in studying regulations, conducting risk assessments, and preparing for audits to keep you up-to-date and compliant.
If you work as a CFO or Accounts Manager, your management of financial information requires different documentation, but transparency is equally important. Business plans and financial statements are sometimes required to bid on projects or share with investors or lenders. We can assist you in finding the right words to manage disclosures of sensitive financial information when necessary. In whatever way you interact with the financial industry, we can help you to clearly illustrate your processes to build trust with your clients and keep you in compliance.