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Gramm-Leach Bliley Act (GLBA) Compliance for Financial Institutions

Enacted in 1999, the Gramm-Leach Bliley Act (GLBA) is designed to govern the collection, disclosure and protection of consumer’s information, while also allowing commercial and investment banks to consolidate. However, many financial institutions struggle to comply. And with penalties for noncompliance resulting in up to 10 years in prison and $1 million in fines, you can easily see how importance compliance is.

content management

If only there was a way to make compliance easier…

Enterprise Content Management with ECMNOW!

ECMNOW! helps your financial institution comply with GLBA. ECMNOW! Accomplishes this several ways, including:

1. Efficiently Distribute Information: Under GLBA regulations, financial institutions are required to send each customer a privacy notice detailing what information is collected and how it is shared, used, and protected. With ECMNOW!, you can securely and efficiently distribute documents with customers.

2. Protect Customer Information: GLBA requires the protection of customer information from unauthorized access. ECMNOW! provides to that allow you to proactively guard against attacks while also tracking user activity.

3. Save Money: GLBA requires a written information security plan be produced to explain your financial institutions process for safeguarding customer information. ECMNOW! provides extensive security features, reducing time, energy and money spent trying to establish such plans.

If you would like to learn more about ECMNOW! please contact Micro Records Company, Inc. by calling 877-410-SCAN or visit MicroRecord.com! ECMNOW! is available exclusively through DigiTech Systems resellers, like Micro Records.

Micro Records Company has been providing quality document conversion and full records management solutions to our diverse client base, which includes government, insurance, utilities, education, legal, hospitals and banks since 1964.

We use the latest technology to ensure our clients receive the highest quality records management solutions.

You can also follow us on FacebookTwitterLinkedInGoogle+, and YouTube as well!

This entry was posted on Tuesday, December 18th, 2012 at 6:27 pm. Both comments and pings are currently closed.