Frank Lagorio's Weblog

Securites Industry Association Show Yesterday I attended the SIA in New York at the Hilton Hotel. I have a law degree, a 20 year background in technology, worked in law firms, did litigation support, and I have to tell you I was amazed at the hype and damned lies I heard around compliance with various regulations. Some vendors went so far as to say they were certified (Not possible) for Sarbanes Oxley. Another vendor claimed a competitors clients as their own. It was shameful. On another note, there is a new magazine that has just been published called "Corporate Compliance Advisor". It has a real world example article, a analysis article, Sarbanes Oxley and HIPPA sections, as well as a litigation preparedness article. I found their Sarbanes Oxley software roundup to be severely lacking. However, the price, $99.00 annually is steep for the information contained therein. But specialized information can be pricey. One sidenote, Gartner has a nice full page ad on the inside cover. One notable quote "Firms that focus only on compliance will miss the chance to strengthen corporate governance and transparency, which in turn can lead to better-informed decision making and higher ROI." I think this captures the idea that we can turn lemons into lemonade and treat compliance as an opportunity to improve profits. See www.advisor.com or complianceadvisor.com for details.