Today's Banks are required to adhere to a slew of ever-changing regulations, including but not limited to The USA PATRIOT Act,Bank Secrecy Act,OFAC, and more. Navigating this maze of regulatory requirements becomes even more complex as banks look to diversify their offerings for their customers, blurring the lines between banking and investment and more general financial services.  Banks that encourage their bankers to up-sell non-traditional bank products along with traditional bank products such as checkings/savings accounts and mortgages find themselves in the position of having to comply with a whole new group of regulatory requirements enforced by additional regulatory agencies.  Additionally, bankers must be retrained on the appropriate policies and procedures governing these new types of products. 

Having written and trained policies and procedures in place, however, is not enough to ensure compliance or mitigate the risk of being out of compliance.  Banks must be able to prove to any of the various regulatory bodies that may request an audit that not only do policies and procedures exist, but they are consistently followed in an auditable fashion, and that proactive, not reactive, monitoring mechanisms exist to ensure the ongoing efficacy of the policies and procedures. 

Elegrity understands the strict regulatory requirements governing banks.  We utilize industry standard technologies to provide COSO-compliant software solutions to banking and other financial services institutions to significantly enhance the enterprise risk management strategy of our customers.  The flexibility of our solutions ensure the tight integration with existing legacy systems, while filling the gaps that may exist that allow things to 'fall through the cracks'.  Executives receive real-time business intelligence and timely alerts to provide them with the key information they need to make adjustments or decisions before non-compliance occurs.

Financial Services organizations are constantly seeking new ways to ensure internal controls and procedures are properly implemented and monitored. Risk management and regulatory compliance issues loom large now, with no sign of lessening in coming years.

Elegrity provides extensive business analysis, process re-engineering and custom development services to financial services firms to provide for the unique needs of the industry.

Life sciences and pharmaceutical companies have experienced unparalleled growth and innovation as a result of years of research and concurrent advances in information technology.

Indeed, technology has been a catalyst for the industry's progress, catapulting it at light-speed to new horizons of discovery. Though the future of scientific advance shows great promise, controlling the corresponding chain reaction of business and infrastructure growth is another story. In addition, the industry faces evolving government regulations, further exacerbating an already daunting situation.

Elegrity implements technology solutions that help your organization address the challenges unique to the biotech and pharmaceutical industries. These challenges require experience, expertise, and planning so that time, money, and IT resources are not wasted trying to meet business demands.

Law firms and corporate legal departments have a high-stakes need for ubiquitous information access. Elegrity's team has over 60 years' combined experience in the legal industry.

We are intimately familiar with the common case management, content management, litigation support, time and billing, customer relationship management, and collaboration applications on which law firms rely. We use this knowledge to design solutions specifically aimed at enhancing the legal business process, which translates into superior information technology “yield” for our clients.