Cohasset: Hitachi Content Platform SEC, FINRA, CFTC, and MiFID II

Ensure Top-tier Data Security and Privacy Standards

HCP is designed to meet securities industry requirements for preserving records with S3 Object Lock and HCP Retention compliance.

• When billions of dollars are at stake, accountability matters. To maintain transparency, regulators impose rules on financial institutions. The report examines compliance with SEC Rules 17a 4(f) and 18a 6(e) to safeguard against fraud, errors, and mismanagement.
• Cohasset Associates evaluated HCP, which maintains data in immutable records. Essentially, it acts like a digital vault, ensuring the integrity and trustworthiness of financial records. Once data is stored, it’s locked, preventing unauthorized edits.
• This report evaluates HCP’s audit trails, tracking who accessed what, when, and why. Redundancy ensures resilience, like backup parachutes for systems. MiFID II’s European regulation is assessed, and these rules impacts investors, traders, and financial stability.

Cohasset Associates Inc. prepares Compliance Assessment Reports of electronic recordkeeping solutions, which reflect the professional opinions of Cohasset’s consultants based on product information and feedback provided by the solution provider. Cohasset does not endorse any provider, solution, or service, nor does it provide any warranties, either expressed or implied. These reports are not intended to serve as legal advice and should not be relied upon as a substitute for the advice of competent legal counsel.