Complinet's 2nd Annual Compliance Industry Awards honours success for the best technology solution in all sectors of financial services
LONDON (January 25, 2006) - ZANTAZ, Inc., the global leader in Information Retention and Disclosure Management (IRDM) solutions, today announced that it was awarded 2006 Best Technology Solution at the Complinet Second Annual Compliance Industry Awards held last week in London. The accolade was granted for the best technology solution in all sectors of financial services.
ZANTAZ was selected for the credit thanks to the striking results it achieved for Market Harborough Building Society (MHBS), enabling the building society to achieve compliance and storage savings with ZANTAZ' email archiving solution. ZANTAZ Enterprise Archive Solution (EAS) was implemented to address MHBS' compliance, growth and business continuity issues.
"We are very pleased to be recognized by the compliance industry for the robust ZANTAZ EAS solution, "said Glenn Perachio, ZANTAZ' Director of Sales, Europe. "A bank cannot achieve compliance with major new regulations in the financial services industry, as well as broader regulations, without full control and management of electronic data. Our EAS solution has enabled MHBS to do just that thanks to its ease of use, simple integration with Outlook and Exchange and ease of deployment. "
The Compliance Officer of Market Harborough Building Society (MHBS), a small regional building society, was most concerned with how email and electronic data impacted the UK Data Protection Act. MHBS needed to strike a balance enabling it to retain all necessary digital correspondence about its customers and purge any that was no longer relevant.
Other regulations also concerned the compliance officer, including Basel II, the upcoming EU banking regulation that requires banks to minimise operational risk; legal admissibility, which allows digital information to be admissible in court; and the general need to produce documentation.
The results of the implementation saw compliance actually reduce operational issues with storage. MHBS drastically reduced storage size in the Exchange database, and for nearly two years-combined with the EAS archive server-the database was at a lower storage capacity than prior to archiving. Before ZANTAZ EAS was installed, mailboxes and public folders accounted for 4.5 gigabytes of space on the Exchange database-despite two more years of email, that size has only in the past year surpassed the original size of Exchange. This is due to the way in which messages are stored.
"We knew an email archiving system would help us operationally by reducing retrieval times and the size of the Exchange database but the results were better than we could have imagined," said Neil Williams, assistant general manager of IT at MHBS. "We now believe we are compliant with current regulations and are ready to deal with future requirements."
About ZANTAZ
ZANTAZ is the global leader in Information Retention and Discovery Management solutions. ZANTAZ' solutions enable organizations to capture, preserve and access unstructured digital information-including email, IM, files, scanned documents, and other electronic records-and review and produce relevant documents in a manner that reduces operational risks and costs while complying with legal, regulatory and corporate policy requirements. ZANTAZ solutions are available as onsite software applications or on-demand hosted services, and include a broad set of professional services and integration support. ZANTAZ has over 600 customers, including many of the largest corporations, law firms and government agencies in the world. For more information, visit www.ZANTAZ.com.
Summary: ...some reference sites, the company identified the best solution by working with the Australian Ministry of Agriculture. “This governmental body is a true archive specialist and when we saw HP TRIM in action, we knew we had found the best match,” declares van der Meulen. “It could handle our records...
Summary: ...Vanderbilt University Medical Center Implements Email Archiving Software to Optimize Storage Management Laura DuBois IDC OPINION End users are moving to email archiving solutions to solve real IT challenges. Storage optimization, mailbox management, compliance, governance, and legal discovery are all...
Summary: ...Vanderbilt University Medical Center Implements Email Archiving Software to Optimize Storage Management Laura DuBois IDC OPINION End users are moving to email archiving solutions to solve real IT challenges. Storage optimization, mailbox management, compliance, governance, and legal discovery are all...
Summary: ...central authority for phytosanitary issues in Slovenia. It exercises control, implements measures defined in the relevant legislation, and facilitates the coordination between public services organisations and other bodies. It is also responsible for the cooperation at international and EU level, in particular...
Summary: ...the university’s visibility and accessibility to applicants outside the U.S. Despite these gains, faculty and staff in the reviewing units sometimes had to wait eight weeks to receive the paper file containing an application and supporting materials. This delay impacted ASU’s ability to be competitive...
Summary: ...by capturing, indexing and managing corporate email records With Autonomy Consolidated Archive, EDF Energy is archiving more than 1.5 million messages each week and has already drastically improved storage space issues and eliminated the need for PST files across the enterprise. Now with Autonomy Consolidated...
Summary: ...journaling for us until we got the primary back up and had the two systems resynchronized. And then we uploaded the journaling. Meanwhile, users can still get to stubbed data. They never knew an interruption happened. We know that it works.” Faster email performance, reduced storage costs There are...
Summary: ...only for project information, the scope of the deployment soon broadened to departments including human resources and IT. “Once we saw how well the system was working, people started asking if we could use it for internal functions as well,” says Beukers. Enhancing Productivity, Quality, and Accountability...
Summary: ...to research excellence hinges on the attention it pays to detail at every stage of a study. There is little room for error as information is captured from study participants, verified, and processed for research on serious health issues such as AIDS, osteoporotic fractures, cardiovascular disease, breast...
Summary: ...to research excellence hinges on the attention it pays to detail at every stage of a study. There is little room for error as information is captured from study participants, verified, and processed for research on serious health issues such as AIDS, osteoporotic fractures, cardiovascular disease, breast...
Summary: ...Online Services to track centrally what got published. And since there was no central repository, content often got entered multiple times with different versions appearing in different places.” In addition to these internal challenges, the team was concerned that the portal’s inconsistent design...
Summary: ...Osborne Clark Case Study. Case Study “Interwoven and Phoenix were very helpful and supportive throughout the whole process. They were actually adding enhancements to the software as we were speaking in meetings. So far, we have seen much more direct and impactful results than expected, which is very...
This is a small selection of the Autonomy case studies available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...Autonomy ZANTAZ-EMC End-to-End Archiving Solution. Hosted EAS Hosted EAS combines ZANTAZ industry-leading EAS software with leading storage vendors’ hardware, like EMC Centera, all managed at a secure ZANTAZ data center. This hosted e-mail management solution offers customers a single point of accountability...
Summary: ...to archive for compliance, litigation readiness and mailbox management with the ability to support on-site, hosted and hybrid storage options. The result is a content archiving solution that provides all of the traditional mailbox management benefits and also delivers a Total Cost of Ownership (TCO) that...
Summary: ...Autonomy ZANTAZ Data Restoration Service. Microsoft Exchange, Lotus Notes, Lotus cc:Mail and Novell GroupWise, includes attachments, metadata and hidden data ? Effective duplicate management drastically reduces volume of data ? Scalable, secure repository available anytime, anywhere Autonomy ZANTAZ Data...
Summary: ...corporate policies against employee communications at the point and time of origination to identify, block or reroute potentially harmful messages. This preventative approach protects the company against employee indiscretions for which they could be held responsible and drastically reduces the risk of...
Summary: ...Autonomy ZANTAZ Audit Services. www.ZANTAZ.com ZANTAZ Audit Services provide proven expertise in conducting complex searches of data stored in the ZANTAZ Digital Safe to help you rapidly respond to requests for electronic documents. From upfront assessment of your data to constructing effective queries...
Summary: ...Autonomy ZANTAZ Audit Center. www.ZANTAZ.com ZANTAZ Audit Center is an on-demand discovery and compliance search application that allows your IT, compliance or litigation support personnel to conduct high-volume, complex queries on data stored in the ZANTAZ Digital Safe. Now you can search millions of...
Summary: ...000 file types (including voice and video) across more than 140 languages, making it the most comprehensive product offering of its kind. Advanced eDiscovery, Review and Production: The bulk of eDiscovery cost comes from the gigabytes of data that must be processed for analysis. IDOL’s ability to find...
Summary: ...sorts, filters, and tracks searches to unveil precise results • Reporting – Generates a customizable report, including background report generation and online viewing, printing, and sharing options • Resolution – Tags conflict searches for matter creation, assignment, rejection, hold or purge...
Summary: ...Autonomy Connector for SharePoint - Autonomy Product Brief. • The ACL takes into account the permissions that users and groups have been granted on the object, the type of the object (e.g. whether or not it is a draft) and web application policies. • The connector can be used to update a group server...
Summary: ...years.2 Using deduplication, organizations can reduce stored data by up to 95 percent in just a few short months, significantly reducing their storage footprint as well as backup and restore times. Despite the many benefits, first-generation deduplication technologies also have significant drawbacks....
Summary: ...terms of time, cost, and risk because many of these sources are managed by end users, which means they fall outside the direct control of IT. Additionally, laptops may disconnect from the corporate network, remaining inaccessible for extensive periods of time. Yet, despite the complexity of applying legal...
Summary: ...device. Filed email, clearly marked with a descriptive icon, can be sorted and grouped by filing location to easily display all emails filed to a particular project from a particular mailbox. IT Departments can safely publish email management policies and enact business rules to purge messages from Exchange,...
This is a small selection of the Autonomy Product Briefs available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...although their relative priorities have shifted. Mailbox management, once the primary business problem that drove companies to seek archiving solutions, remains an issue for many organizations, and continues to prompt the deployment of archiving solutions. But mailbox management issues are rarely considered...
Summary: ...by losing valuable intellectual property). • Imposing mailbox limits and ultimatums on users to delete e-mail messages can reduce worker satisfaction and productivity (users don’t like quotas). • Deleting e-mail messages can create legal issues, because they are admissible before a court of law....
Summary: ...to Intercept and Obstruct Terrorism (USA PATRIOT) Act, ??The Gramm-Leach-Bliley Financial Services Modernization Act, ??The New Basel Capital Accord (Basel II), ??Title 21 Code of Federal Regulations (21 CFR) Part 11, and ??The Health Insurance Portability and Accountability Act (HIPAA) These regulations...
Summary: ...to a later argument by the counterparty that it should not be admissible as evidence. The Specifi c Rules Changes and What They Mean to You 5 www.ZANTAZ.com Rule 26(b)(2)(B) - Initial Disclosure of Sources of Information That are Not Discoverable Due to Undue Burden or Cost Rule 26(b)(2)(B) provides that...
Summary: ...the legal team’s ability to quickly and completely respond to litigation or regulatory demands. ZANTAZ EAS AND PST MIGRATION Enterprise Archive Solution (EAS) from ZANTAZ is a highly scalable, Windows-based application that manages the archival and retrieval, and long-term retention of email and associated...
Summary: ...Be sure to address issues that are raised and communicate the status to all stakeholders. Understand that the tendency is for the imagined issues to quieten down as the broader group plays a role in educating its members, and hopefully arriving at consensus. These are some characteristics of effective...
Summary: ...and for the granular search and purge capabilities provided by EAS Storage Manager. Important facts regarding this company: • Company C is concerned primarily with removing unnecessary email content from their longer-term storage. • Company C will benefit from the ability to search and purge specific...
Summary: ...patterns, and automated processing of OTC trading fields (counterparties, volumes, prices etc) that are required by Capital Markets and Securities compliance initiatives. In addition, as controls management matures and new regulations like Basel II begin to kick in, financial firms will look for patterns...
Summary: ...reduces the need to add more mail servers. Further, while the document store is compressed 50 to 80 percent, the mail server mailbox itself is significantly reduced as well. The “stubs” or “pointer files” which are left in the mailbox in place of the documents are typically less than 1000 bytes...
Summary: ...if they become aware of facts that are “reasonably likely” to lead to litigation. Autonomy ZANTAZ FRCP 37(f): What the Heck is Good Faith? 9 • Corporations should designate a single senior management level employee (such as the CFO, COO or Chief Security Officer) (the “Designee”) to act as the...
Summary: ...need help making your decision or building a TCO calculation, contact a local ZANTAZ representative. ZANTAZ was the market leader in email archiving applications based on worldwide revenue from 2002-2005 (2006 shares aren’t yet available).4 ZANTAZ sells trusted, proven archiving solutions as both a...
Summary: ...Solution. SnapLock Volume Exchange, Domino, SharePoint or NTFS Server Compliance/ Surveillance Search and Discovery ZANTAZ EAS Server iSCSI, FCP, CIFS, or NFS Message Archiving via CIFS or NFS E-mail Capture via Mailbox Journaling or SMTP Gateway Primary Storage Secondary Storage FAS3000
...
This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.
Related Case Studies
