How Kronos can minimize the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Industry Spotlight: Dodd-Frank Wall Street Reform and Consumer Protection Act

The broadest overhaul of financial rules since the Great Depression, the Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law in July 2010, aims to prevent another financial crisis by restoring responsibility and accountability to build a solid foundation for the U.S. financial system. </p><p>For financial services firms, however, this act promises to impose significant burdens by limiting how they can invest their own money to make a profit while increasing restrictions on financial products and services that will squeeze margins. </p><p>Kronos workforce management solutions help financial services firms bolster profitability by enabling them to optimize their largest and most valuable asset, their workforce; improve operational excellence; enhance customer service; and reduce costs moving forward.