Nastel Technologies Introduces AutoPilot for Dodd-Frank Compliance
Solution Helps Banks Monitor Compliance to the Regulatory Reporting Requirements for Trades;
Feb. 27 Webinar with Forrester’s J.P. Garbani to Discuss the Challenges in Monitoring Real-Time Trade Reporting
Nastel Technologies, a premier global provider of application performance monitoring solutions for mission-critical applications from the datacenter to the cloud, today announced AutoPilot for Dodd-Frank Compliance, providing banks and brokerage businesses a solution to meet their needs for monitoring trade reporting compliance.
The new solution, available for sale starting April 30, helps financial institutions meet the evolving challenges imposed by the real-time Trade Reporting requirements in Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The regulation puts new demands on IT and the business to ensure all trade lifecycle events are reported and positively acknowledged in a timely manner.
AutoPilot for Dodd-Frank Compliance leverages Nastel’s strength in monitoring complex, multi-tier, applications. A key component of the solution is its ability to automatically stitch transactions across technology tiers, correlate based on payload contents and associate asynchronous responses.
“Banks and brokerage businesses have a mandate to comply with Dodd-Frank rules, but they’re given little guidance about how to use technology to meet the new demands,” said Charles Rich, vice president of product management at Nastel. “Our solution provides deep visibility into regulatory reporting compliance and can alert a user to a potential or actual breach in responsibilities in real-time.”
AutoPilot for Dodd-Frank Compliance provides the following features:
Michael O’Connell / Malinda Singh, 617-502-4300
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