Software offers email archiving and compliance solution.
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Press Release Summary:
Designed to facilitate Information Governance, ComplianceNOW scans email messages prior to being sent for content that violates regulations or corporate policy using customizable lexicon. Encrypted messages are sent through integrated secure messaging module and archived in non-encrypted format. Any email that violates lexicon rules for supervisory review prior to release is blocked and quarantined. Pre- and post-review capabilities help meet NASD 3110 supervision requirements.
Original Press Release:
RenewData® Announces New Email Archiving and Compliance Solutions
RenewData Also Announces the ActiveVault Discovery Engine, Designed for Large Scale Culling and Legal Review of Archived Email and User Files
AUSTIN, Texas, Oct. 4 /-- RenewData, the leader in Information Governance(TM) solutions for corporations, today unveiled new solutions providing email archiving, compliance, secure messaging and mailbox management capabilities to complement the company's market-proven electronic discovery solutions.
Information Governance is the alignment of corporate information with corporate governance. The first step to information governance is implementing email policy management, archiving and discovery processes and systems. The new solution, ComplianceNOW:
o SCANS all email messages prior to being sent for content that violates regulations or corporate policy using a customizable lexicon
o SENDS encrypted messages through an integrated secure messaging module and archives the secure messages in a non-encrypted format
o BLOCKS and quarantines email messages that violate the lexicon rules for supervisory review prior to release
o CLASSIFIES all messages based on types of violations or records and applies retention periods
o ARCHIVES all messages in a scalable, enterprise data warehouse allowing for searching across large amounts of data
o STUBS old email messages in email servers and automatically off-loads the messages to the archive for storage and retrieval
o PROVIDES pre-review and post-review capabilities for meeting NASD 3110 supervision requirements
o ENABLES legal review of messages and user files for responsiveness and privilege across multiple matters
o PRODUCES email in response to audits, investigations and litigation
"ComplianceNOW enables corporations to proactively establish a flexible evidentiary foundation for regulatory compliance, audits, investigations and litigation by capturing, preserving, accessing, reviewing and producing relevant email," said Bob Gomes, president and CEO of RenewData. "RenewData's governance based approach and technology enable organizations to dramatically reduce the costs associated with compliance and litigation."
RenewData today also announces the ActiveVault Discovery Engine. This new browser-based hosted solution allows users to easily search, organize, review and produce email and native files. The ActiveVault Discovery Engine also tracks the legal review history for each document so that privilege can be consistently applied across multiple matters. This solution can be purchased either as module of ComplianceNOW or as part of RenewData's existing electronic discovery services.
Key Benefits of ComplianceNOW
o The ability to monitor and enforce policies for electronic communications assuring compliance with complex regulations such as Sarbanes-Oxley Act (SOX), Health Insurance Portability and Accountability Act (HIPAA) and SEC 17a-4
o Differentiated technology that dramatically reduces the storage costs associated with compliance and litigation
o Meets 17a-4 and NASD 3010 requirements for WORM storage and activity supervision
o The ability to archive and quickly search across terabytes of data
o Integrated archive and legal review platform
o Reduction of legal risks through the accurate management of retention and destruction policies, assuring that no document is retained beyond its required retention date
About RenewData:
RenewData(R) is the leader in Information Governance(TM) solutions, providing compliance, archiving and electronic discovery solutions for corporations and law firms to manage email and user files-as evidence. RenewData is ranked as one of "Top 5" electronic discovery service providers by the 2005 Socha-Gelbmann Electronic Discovery Survey Report. For more information, visit www.renewdata.com/ or call 888.811.3789.
CONTACT: Julie Swartzlander of Sol Marketing Concepts, +1-512-797-6602, or julie@solmarketingconcepts.com , for RenewData; or Alan Brooks of RenewData, +1-512-276-5500, or abrooks@renewdata.com
