Post on 30-Jul-2015
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The Challenges of the Dodd-Frank Act
The Dodd-Frank Act (DFA) is the most comprehensive set of US regulatory Reform to have been produced
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The reform consists of
rules to help organizations ensure
they are compliant
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….only 1/2 of these required guidelines have been implemented
However...
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These reasons are split into twofactors….
Internal
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External
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External factors come as no big surprise.Insufficient data, confusion of regulations, competing agencies and regulatory bodies
all influence implementation.Add delay in publishing
regulations and everyone is confused!
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Internal factors are equally as complex
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The challenge hereis more aroundensuring you have the
skilled staffyou need…
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…Have you prioritized tasks?
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Have you established training for staff?Defining clear organizational strategy
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Is there a clear strategy for the staff?
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Do you need to ensure that there are technological changes implemented to help streamline this?
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workforce and attempting to implement these changes is no easy task!
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Managing a
LARGECopyright © 2014 Oracle and/or its affiliates. All rights reserved.
Training new talent is time consuming and
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EXPENSIVECopyright © 2014 Oracle and/or its affiliates. All rights reserved.
Organizations are having to invest time
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and budget into re-structuring to meet the
requirements
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Many organizations struggle with communicating a clear
strategy and plan across theorganization.
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They are using a collection of productivity tools such as spreadsheets and documents
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These tools aren’t effective in coordinating multiple functions
across an organization
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Without a robust management framework, the volume of
change can be overwhelming
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To ease the pressure of regulatory implementation prioritization is required
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Planning and
collaboration
of tasks and
WORKFORCE is
required
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A Project Portfolio Management solution is required.
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A solution that allows your organization to become more collaborative.
So that change is simple.
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Discover how You, Your workforce, Your organization can benefit…
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…From a solution that can provide a dashboard of results.
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Combine regulatory compliance, products, processes and systems.
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Discover more. Now at;
www.oracle-eppm.com/fsiWith Oracle’s Instantis PPM
Solution
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