Compliance

Building a Compliance Architecture

Companies required to comply with one compliance mandate typically have several other regulatory compliance issues to address. For example, some companies required to respond to Sarbanes-Oxley(SOX) also may have to respond to Graham Leach Bliley, HIPAA, the Patriot Act or SEC rules.

eDelta can deploy tactical resources for clients to address immediate concerns or help forward-thinking organizations develop a strategy to efficiently manage cross-enterprise compliance initiatives. This unique, cost-saving approach entails the creation of an overall architecture for corporate compliance with a blueprint to identify commonalities in risks, controls and remediation. The result is a cohesive, centralized structure that allows unified tracking, reporting and budgeting.

Depending on the size and complexity of a company, building a compliance architecture can save millions of dollars when accounting for design, assessment, testing and audit costs across multiple business units.

Compliance Program Assessment and Development

eDelta brings specific expertise to each compliance project. Some of the major compliance areas we provide services on include:

  • Sarbanes-Oxley – Section 404 compliance (document and assess internal control over financial reporting)
  • Gramm-Leach Bliley – privacy and information security program provisions
  • U.S. Patriot Act / Bank Secrecy Act
  • Anti-Money Laundering (AML)
  • Enhanced due diligence procedures (“Know Your Customer”)
  • FDIC/FRB banking regulations
  • Business process/application assessments and certification

Working with External Auditors and Vendors

Our professionals fully understand the complexities of developing suitable risk and control frameworks or working within the guidelines of established programs. We are sensitive to the needs of our clients, particularly those involving corporate culture and third party relationships. Because eDelta is so focused on achieving well-defined project goals, we consider it a high priority to understand the roles and individual needs of key stakeholders. We enjoy such high levels of customer satisfaction because eDelta is a team player and we never lose site our clients’ needs.


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