In addition to facing fierce competition within the marketplace, companies have the additional burden of complying with a broad range of industry and federal compliance requirements. Satisfying these requirements can prove to be difficult if your firm does not make the proper preparation. For financial services firms, these requirements range from NASD and SEC compliance, to the Patriot Act, and the Gramm-Leach-Bliley Act. Other industries face new information and process requirements from the Sarbanes-Oxley Act. Navigating through these requirements and ensuring your firm has the proper solutions in place for these regulations can prove to be a very difficult challenge.

Swimfish will work with your organization to ensure your compliance needs are met. We understand the regulations. We understand the technology. We can show you solutions that you could implement very quickly that will not only support your compliance requirements; they will support your business. And after all, isn't that just as important?

Here's just a sampling of the industry compliance requirements that we can assist your business with:

• SEC Compliance - All client materials, presentations, review books, statements, and correspondences including e-mails and instant messages especially as they pertain to transaction recommendations must be retained for a minimum of 5 years up to 7 years after the client relationship has been terminated. A history of all research leading to recommendations must also be retained.
• Patriot Act - The Patriot Act requires investment management firms to perform research on their clients prior to managing money on their behalf. As information on foreign nationals and ownership of foreign entities are less readily available then information of US citizens, a burden is placed on investment management firms to ensure that they perform requisite research on their clients to ensure they are not dealing with terrorist organizations or individuals. Prospective clients must be checked against a list maintained by the US government.
• Gramm-Leach-Bliley Act (GLBA) - The GLBA requires that client information is kept private and confidential. All client information stored by an investment professional must meet certain privacy guidelines to ensure the privacy rights of the individual client or client organization.