Rabobank International chooses HP Autonomy for Dodd-Frank compliance

Rabobank International chooses HP Autonomy for Dodd-Frank compliance

The international arm of Dutch bank Rabobank has signed for HP Autonomy's enterprise content management (ECM) technology to help it meet Dodd-Frank regulatory requirements.

HP says that the Autonomy platform will provide Rabobank International with a single, end-to-end information governance platform for regulatory record management, and help increase trading efficiency by automating key front- and back-office processes.

To help meet Dodd-Frank requirements in the US, the technology will enable the bank to capture all pre- and post-trade records from both its transactional systems, as well as the unstructured, human information found in e-mails, voicemails and Microsoft Office documents.

In addition, Rabobank International will tap a range of Autonomy ECM products - including eleForm, Autonomy Process Automation, Intelligent Enterprise Search, Scrittura and WorkSite - to improve operating efficiency by automating document management practices.

Comments: (1)

A Finextra member
A Finextra member 26 April, 2013, 11:24Be the first to give this comment the thumbs up 0 likes

This news further highlights the importance banks are attaching to efficiency in data acquisition and in support of compliance obligations