LiveOffice Launches New & Enhanced Lexicon for AdvisorMail
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eAuditor+ cuts message review time & improves productivity of in-house
eAuditor+ compliance auditors
SAN FRANCISCO, Nov. 16 /-- LiveOffice Corporation (www.liveoffice.com), provider of AdvisorMail (advisormail.net), today launched eAuditor+, a pre-populated word and phrase lexicon designed to better meet the needs of financial services' professionals required to monitor, store and retrieve electronic communications in compliance with SEC, NASD and NYSE regulations. Developed in consultation with some of the nation's leading compliance experts, eAuditor+ greatly reduces the flagging of false positives in email messages, attachments and instant message transcripts within the AdvisorMail system.
eAuditor+ contains a comprehensive list of words and phrases that top compliance professionals in the financial services industry have identified as potentially problematic in the course of electronic communications between financial services professionals and their clients and/or business associates. With eAuditor+, system administrators have the ability to add or delete words and phrases at any time based on their needs. If a word or phrase is deleted from eAuditor+ by an administrator, it can always be added back with the click of a single button.
"The last thing in-house compliance personnel want to deal with is volumes and volumes of false positive messages requiring their review and approval. From the start, AdvisorMail's ability to reduce the time it takes compliance staff to fulfill their oversight responsibilities has been one of its most important features," said Steve Uhring, vice president sales and marketing for LiveOffice Corp. "The new eAuditor+ lexicon reflects our continued commitment to compliance workload reduction and is specifically designed to help minimize the occurrence of false positives during email search and retrieval, while curtailing the total number of messages requiring review."
How it Works
In AdvisorMail's optional pre-review mode, eAuditor+ pre-screens messages before they are sent externally and prevents emails containing non-compliant language from being delivered until they are reviewed and approved by an in-house auditor. In post-review mode, all messages are screened against eAuditor+ and flagged for further review by an auditor, but are not prevented from being delivered to the intended recipient. In both instances, auditors have the convenient and timesaving option of attaching a note to the message advising the employee of the violation and providing further instructions.
eAuditor+ is easy to use and can be customized to meet the needs of any financial services organization, ranging from registered investment advisory firms to hedge funds and independent broker-dealers.
Pricing & Availability
The eAuditor+ lexicon is AdvisorMail's new, default word and phrase lexicon and replaces the eSupervisor Premium lexicon. eAuditor+ is available now to AdvisorMail users at no additional charge. For those not using AdvisorMail, the eAuditor+ lexicon may be purchased for $4,000.
Pricing for the AdvisorMail product suite, which enables automated monitoring, archiving and retrieval of emails and instant messages, begins at approximately $200 per month.
NASD Fall Securities Conference
LiveOffice will demonstrate AdvisorMail and the eAuditor+ lexicon today through Friday at the NASD Fall Securities Conference taking place at the San Francisco Marriott.
About LiveOffice Corp.
LiveOffice Corporation helps businesses nationwide kick office productivity into overdrive with its suite of Internet-based products. From email and instant message compliance applications to web, audio and video conferencing, LiveOffice makes it easy for organizations of any size to affordably equip their employees with the tools they need to communicate better and make quicker decisions. With LiveOffice's products, business professionals are just a password away from the most powerful and cost effective web-based productivity solutions available today.
Make Your Office a LiveOffice(TM) by calling 800-251-3863 or visiting www.liveoffice.com.
Source: LiveOffice Corporation
CONTACT: Amy Agnew-Dugdale, Communications Manager of LiveOffice Corporation, +1-800-251-3863, ext. 148, or Mobile, +1-323-273-1525, adugdale@liveoffice.com
Web site: http://advisormail.net/
Web site: www.liveoffice.com/
