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Financial Services
Financial services companies face significant challenges from a variety of market and regulatory forces. To stay competitive, paper-based operations continue to be replaced with computer-driven back-office, marketing, and transaction processes integrating customer-facing Web services. Operational risk management and control systems have become business necessities—driven by Sarbanes-Oxley, The Patriot Act, International Accounting Standards, and other regulatory instruments. Additionally, globalization and consolidations within the industry increase competitive pressures to improve operational efficiencies.
Continuing to build on a long history of successful engagements with leading financial services companies, RICOMM is uniquely positioned to help overcome these increasingly complex challenges.
RICOMM solutions for the financial services industry support:
- IT infrastructure improvements
- Document management
- Information storage, including Direct Access Storage Device (DASD) management
- Integration of customer-facing Web applications
- Disaster recovery and business continuity planning
- Regulatory compliance initiatives
- Privacy protection
- Lifecycle services and programming for mainframe and mid-range systems
Representative users of RICOMM solutions include:
- Bear Stearns
- Citigroup
- VISA International