Patrina D3P Service Delivers Affordable Onsite Electronic Records Management Compliance
With Patrina’s Designated 3rd Party Service (D3P), you can store your firm’s electronic records in-house and comply with SEC, FINRA, and CFTC record archiving requirements. Backed by 25 years of financial services compliance expertise, Patrina’s dedicated compliance teams work with you to keep your records fully compliant with SEC, FINRA, and CFTC requirements — without breaking the bank!
Your Patrina Designated Third Party Services team members work with you and your staff remotely to ensure your firm’s:
- Letter of Intent is filed with SEC, FINRA, and/or CFTC;
- Electronic records and indexes are archived in accordance with 17a-4 guidelines;
- Duplicate records and indexes are stored in a separate location and are accessible via remote connection;
- Original records and associated indexes are stored on WORM technology;
- Complete records types are inventoried and accessible; and
- Peace of mind and regulatory compliance.
Patrina’s Designated Third Party Services delivers:
- Detailed documentation to ensure access and use of your system(s) remotely;
- Quarterly testing of download procedures and update documentation as needed;
- Comprehensive reporting on the results of each quarterly audit and any gaps uncovered;
- Letter of undertaking filing with the SEC, FINRA, and/or CFTC; and
- Peace of mind and regulatory compliance.
With Patrina’s Designated Third Party Services, you keep your data where it belongs cost-effectively and minimize exposure to unwanted regulatory fines, scrutiny, or disclosure events. It’s that easy!
So, when the regulators call, will you be ready?
Click here to schedule your consultation or call +1.212.233.1155 today and we’ll help you do more, spend less, and reduce risk!
