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AUTOMATE COMPLIANCE PROCESSES TO SAVE TIME AND REDUCE RISK
Mar 20, 2015, 11:19 AM
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Five years and 398 new regulations, into Dodd-Frank and banks are still battling onerous compliance processes that waste valuable time and money. According to the American Action Forum, U.S. financial institutions have lost a collective 61 million “paperwork” hours – the time needed to complete paperwork and filing required by law – since Dodd Frank’s implementation. That’s the equivalent of 30,370 employees...
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