SwiftTrade complies with the Data Protection Act using SEQUENCE

“There is no way we could have executed our explosive growth without using SEQUENCE to manage most of the processes… To have our Compliance Supervision processes automated, has lifted an unbelievable burden from the organisation.”
Peter Beck, President, SwiftTrade

Public Services, Defence Industries and Financial Services are among the most demanding sectors in terms of governance and regulatory compliance: both new and existing regulatory requirements have an immediate impact on every aspect of organisational resource management.

SwiftTrade is a leading financial products trading platform. Faced with the requirements of the Data Protection Act and the Freedom of Information Act, organisations find themselves asking some very basic questions: How do we deal with the process of hiring a new employee, granting access to company systems, issuing company equipment, providing company information - all while tagging and tracking the data in a secured and audited manner.

An automated system that provides an end-to-end view of the process and includes administrators and managers notifications in Outlook, disabling permissions and privileges in systems while providing an audit trail and up to date process view is the answer. Once the process is automated, managers, through dashboard views can start applying incremental changes to improve process efficiency, and ensure compliance, all in a “what if” exercise.

Managing new and leaving employees is only one example out of many business processes, that once automated can ensure an efficient operational environment and compliance around line of business applications. This is the same for a whole number of procedures, paper based and document-heavy processes that occur every day in every organisation.

Mishandled processes, lost data - not only have the potential for increasing costs, impacting performance but often hinder compliance with any number of regulatory requirements. PNMsoft help our customers reduce this risk, confusion, and build compliance into their everyday work. PNMsoft SEQUENCE™, a state of the art BPMS solution, offers companies like SwiftTrade a new approach to obtaining governance and compliance for the Defence, Financial Service and Public service sectors. High-end, yet easy to use, SEQUENCE helps ensure corporate governance, compliance with internal / external policies as well as regulatory requirements and Data loss prevention by using powerful tools to model, simulate, build, run and monitor process-driven applications.

SEQUENCE's Business Rules and Workflow Engine help enforce processes by automating relevant check points and gateways for the corporate information flow, while implementing pre-programmed procedures for data management and classification, sensitive information handling, ITIL governance, exceptions handling and data loss prevention.

For more details on PNMsoft's BPM & workflow software,
please contact us or call Paul Sheridan: +44 (0) 192-381-3420
www.pnmsoft.com