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Financial Services
 

A strong institution is the one with solid foundations. 

 

Secure, reliable, speedy data is the foundation of a successful business.

 

As institutions around it are threatened with failure, the strong institution gains ground, extends its reach, grows, thrives.

But a changing economic environment will test those foundations, and to stay strong, foundations need bolstering; they need to answer to the environment.

  • In today's economic environment, borrowing costs are expected to increase as the turmoil of credit markets sends shock waves into the financial markets
  • Revenue streams are being squeezed as belts are tightened at major financial service firms
  • Competition is becoming yet more fierce, as non-traditional financial service firms with powerful backing, enter the market
  • There is more complexity in the issues that must be dealt with in the industry - particularly with regard to mergers, acquisitions, and global expansion
  • There are growing privacy and security concerns over customer data and identity management
  • There are more reporting and risk management obligations - such as the financial practice and corporate governance obligations of GLBA, PCI-DSS, FMLA, Patriot Act, 33+ State Privacy Breach laws (SB-1386, etc), and the Sarbanes-Oxley Act
  • Financial institutions are operating in a consumer-savvy society with the requirement to address the needs of a diverse client base of all ethnicities, and including retirees, younger customers, and those who have built wealth from multiple platforms
  • Markets are close to saturation - that means that some firms may simply not survive


To survive in this environment, and to thrive, a firm must exploit solid competitive advantages.


It will involve building bulwarks against anything that threatens its livelihood. If vulnerabilities are left, they will become open wounds. That may prove fatal for your institution.

 

Data is the foundation of the financial services industry.


Data must be managed securely.

 

If it leaks, if reporting and risk management obligations are not met, if the privacy of customers' information is not kept, the institution is weakened. It becomes immediately vulnerable. And the institution with stronger foundations has an immediate advantage.

 

Brainlink makes your data secure.

 

We have the expertise to ensure that your business complies with the 50+ applicable state and federal laws, including GLBA, PCI-DSS, and Sarbanes Oxley. Penalties for non-compliance are severe.


We are led by a CEO who is an expert witness, a recognized authority on information security, and a regular speaker on information security at national conferences. Not only do we have Certified Information Systems Security Professionals on staff - we teach other CISSPs IT security. Brainlink provide consulting, business and information technology services to mission-critical environments in financial institutions throughout the Greater New York Area.


We assess your business in its entirety, to ensure that your IT infrastructure and the solutions to support your institution's business strategy are solid. We identify and mitigate risks, and we work to ensure that your systems and processes comply with regulations, that operational risks are cut, and that data is secure. That gives you a platform for opening new product offerings, ensuring customer turnover is reduced, minimizing fixed costs, maximizing productivity, and expanding into new markets where other institutions are faltering.


Our clients are the winners in the economy.


We have the knowledge, the expertise, and the experience to make them winners.


Call us at 917-685-7731 to discuss how we can improve your bottom line.




What other challenges do you need to know about to thrive in this economy? white

 
© 2008 by Brainlink International, Inc. All Rights Reserved.
212-221-8660 | fax 212-221-8667
87-90 118 Street, Richmond Hill, NY 11418