Thomas Bookwalter, CEO, FMDC

          9:00 am – 4:30 pm; Registration/Breakfast begins at 8:30

Batten down the hatches.  A storm is coming.  Furor, even outrage, over recent events in the financial services markets is creating the momentum for a new wave of regulations.  The last time we saw this much excitement about the need to add more regulation was in the wake of the Enron blow-up.  That resulted in the Sarbanes Oxley Act of 2002 and massive preparation and implementation costs as public companies reacted in a panic over the new regulations.

We do not need to panic this time.  Regardless of what the new regulations will require, we already have technologies in place to address most if not all of the requirements.

As with SOX, the new regulations will require a combination of process controls and records retention.  Your company has already implemented most of the required functionality.  The question is how to best leverage what has already been done.

This course first examines existing regulations to understand the requirements that we have already addressed and the signals coming from the regulators about what to expect.  This process defines the scope of the new regulatory environment and provides insight into what will be expected in the new regulatory environment.

Next we identify the IT functionality that is required and what we have already implemented.  We add litigation and investigation response to those requirements to minimize the cost and impact of litigation or aggressive investigations.

From this vantage point we will identify anticipated additional steps required to address coming regulation.

With this information as a backdrop, we will examine a variety of regulatory application areas and some of the available solutions.  We will focus on both process controls and records management.  We will identify specific features and functionality for systems that will be required to meet the new regulatory requirements.

·         IT leaders concerned about the impact of coming re-regulation and how to better control the costs

·    Compliance officers looking to better understand how IT can help cut the costs of regulatory compliance

·    IT professionals who want to understand what the regulations require and how to develop systems that more cost effectively meet regulatory requirements

·    System vendors and suppliers who want to gain insight into what they can do now with their products to better meet the coming regulations and the new requirements

·    Legal team members and litigation support staff that need to understand how information is managed and stored to improve regulatory compliance and litigation and investigation response

This program is intended for all professionals who plan for, manage and use electronically stored information.  We encourage company teams with representatives from IT, legal, compliance and records management to attend together and use this program to formulate a more unified plan for their company’s electronic information future.

·        The impact of regulatory requirements on how electronic information must be handled.

·    How regulatory requirements and litigation requirements affect your information management decisions about what, when and how to destroy electronic information, what to keep and how.

·    What IT needs to know about legal and regulatory requirements.

·    What legal, compliance and records management need to know about IT realities.

·    Information management strategies that accelerate storage growth.

·    Information management strategies that slow storage growth.

·    How to create end-user, compliance, records management and litigation support programs that free IT resources.

·    How to organize your regulatory requirements to make it easier to keep up with changing requirements.

·    How to plan to minimize litigation support costs and IT resource impact.

·    How to turn regulatory compliance into competitive advantage.

·    Creating an ROI and Business Case for IT investment

This program is an interactive program designed to maximize participation and attendee interaction.  Many sessions will include problem-solving assignments that will help clarify decisions that you and  your company are or will soon be making.

Day 1 – The Current Regulatory State

              Morning: The New Information Management Paradigm Shift

            --The traditional world of IT

            --Forces that are creating change

·         Changing requirements

·         The new information management Paradigm

·         The impact of the shift on businesses

·         The impact of the shift on IT

               Afternoon:  Regulatory and Litigation Requirements

·         Regulatory Framework

o   Governance

o   Process and internal controls

o   Transparency

o   Risk Management

o   Records Management

o   Capital Reserves

o   Scope of Application

·         Legal Architecture

·         Regulatory Compliance and the Essence of Compliance

Day 2 Anticipating Coming Regulatory Change

            Morning:  Controlling the Cost of Regulatory Response

·         Using Compliance Requirements to Help Reduce Costs

·         Sources of Escalating Costs (Scalability)

·         Electronic Information Management for Compliance

·         Information Transition Management

·         Leveraging the Technologies That You Already Have

             Afternoon: Available Compliance Technologies

·         Areas of Compliance

o   Processing Compliance

o   Records Management Compliance

·         Compliance Technologies

o   Features and Functionality

·         Aligning Compliance Objectives with Overall Planning

·         Setting Priorities

·         Defining Requirements

·         Funding - The First Best Practice

·         Compliance RFP Requirements

·         Testing for compliance capabilities and keeping current with changing
      requirements