Executive Assessment of the Impact of FRCP and ESI
from FMDC
FRCP/ESI Risk and Readiness Assessment
Fast, focused, relevant to your company.
Risk aware, cost conscious, results oriented.
Designed to inform on what matters most and how to address what must be done.
Stop the confusion, end the delays.
- Discover what the ESI Rules really require your company to do
- Learn how you can use technologies you already have
- Understand the differences of new ESI technologies
- Measure the enterprise-wide impact of action or no-action
- Establish the relative importance of FRCP Readiness compared to other critical business initiatives
- Examine the ROI of FRCP Readiness solutions
- Eliminate the confusion and endless debate about what to do how to do it
FMDC’s Approach to the Executive Assessment
The Process
- Kickoff meeting including all stakeholders.
- Stakeholder interviews including:
- Legal, IT, HR, Security,
- Compliance (All aspects),
- Records Management,
- Business Units, Finance,
- Fraud Detection
- Results of interviews are used to shape briefing details:
- Requirements
- Current capabilities
- Critical gaps
- Remedy prioritization
- ROI summary
- Final executive briefing
The entire assessment is normally complete in less than 30 days
The Briefing
The briefing is a report on the investigations and last 90 to 150 minutes depending on existing complexities at your company.
Briefing ends with assigned actions, deliverables and target dates
The Deliverables
- FRCP/ESI requirements overview for your company
- Gap analysis of your current capabilities
- Assessment of enterprise value of remedial measures
- High level ROI comparison of remedial options
Ask Yourself:
- What is your company doing today that increases both costs and risks with regard to litigation?
- Who owns the problems and their remedies: Legal? IT? Finance? Fraud? Operations? Compliance? Security?
- Are there new or additional technologies you need to buy? If yes, which ones?
- Can we delay or even ignore addressing this issue?
- Will the new rules affect you personally?
The Value to Your Company
The new ESI standards have changed the ways that companies must manage their electronically stored information.
Last minute fixes have cost companies tens of millions of dollars and did not fix the problem.
Inaction is not an option, this issue will not go away.
Companies are cutting their litigation costs in half with proactive solutions.
Our Qualifications
Since 1987, FMDC has worked at the forefront of regulated information management.
We were instrumentally involved in the introduction of such information innovations as automated securities trading, wide bandwidth global data communications networks, e-mail archiving, regulatory profiling for electronic information management and now FRCP and ESI readiness.
The result is an integrated perspective on trends in electronic information management that transcends technologies and appreciates the subtle intersections of technology and business practices and risk and fiscal management.
Contact FMDC to schedule your briefing
East: michael.shope@fmdc.com West: joseph.santoro@fmdc.com