It is Ocean Systems’ formal policy to adhere to the requirements and guidelines of federal Regulation P, Privacy of Consumer Financial Information, as part of the Gramm-Leach-Bliley Act of the U.S. Legislature as it relates to maintaining the confidentiality of customer records, when and if, its staff and/or contract personnel are exposed to such records during the course of:
Ocean Systems’ employees or contractors will not share, copy or print customer information records unless specifically requested by a client or financial institution. In such instances, the bank will maintain all customer records. Ocean Systems personnel will not remove such customer information from the client’s premises.
1/13/2012
Ocean Systems addresses FFIEC Recommendations for Layered Based Fraud Control
In response to the FFIEC Addendum to the 2005 Guidelines on Security and Authentication, Ocean Systems offers a layered approach for controlling fraud, as recommended by the guidelines.
12/1/2011
Ocean Systems to Sponsor Upcoming FIBA AML Conference
Ocean Systems will again participate as a gold sponsor at the Florida International Banking Association's AML Conference.
11/21/2011
Activation by the Federal Reserve of the Fed Wire Format
Every one of Ocean Systems' US based installations was affected by the activation of the new Fed Wire format today.
