Regulatory compliance investigations, exams, and even litigation actions are very common for organizations in highly regulated industries like financial services. The problem our customer often face is how best to respond to these potentially laborious and costly actions. Today’s corporations require a flexible solution that can preserve the value of enterprise information – to comply with retention and compliance requirements – in an easily accessible, unified archive.
We have listened to our customers, and today in at Momentum 2016 Barcelona, we announced our Dell InfoArchive 4.2 solution will be generally available by the end of 2016. The newest version enables large-scale application retirement, optimization of production environments and facilitates application data integration and reuse – supporting new users, cloud applications and analytics. It also enhances the ability for administrators and knowledge workers to search and export data managed by the InfoArchive platform.
Flexibility & Accessibility
Indeed, among the big news with this release is that InfoArchive 4.2 now works with Amazon S3, part of Amazon Web Services (AWS) for cloud storage of unstructured information. InfoArchive integrates with the AWS Management Console, allowing customers to use Amazon S3 to archive any amount of data and at any time, from anywhere. Additionally, InfoArchive 4.2 enables a storage API interface, letting users select any storage for deployment and build their own storage integration.
Compliance
Today’s financial organizations, as well as those across many other industries, must frequently respond to potential litigation matters and investigatory demands from regulators. In order to address these accurately and efficiently, it is important that financial services companies are able to collect potentially relevant information, analyze this data and then produce it for regulators and legal representation.
InfoArchive 4.2 provides the functionality for corporations to search and create defensible collections that can be examined by legal entities, including high volume email ingestion, deduplication, metadata analysis, and preservation. The solution supplies rules-based retention on the records, which can be applied during or after ingestion, allowing companies to maintain granular control.
Our partners and customers are already witnessing the value. When speaking with Tim Nelms, Business Unit Manager for the Archiving Division at Crawford Technologies, he shared why these new features are important to his customers by saying, “InfoArchive efficiently manages situations where compliance, access and responsiveness are required. This is central to our strategy for delivering next generation customer communications archiving solutions to customers.”
Similarly, JD Sillion, Chief Solutions Officer with Flatirons Solutions commented, “InfoArchive is a powerful and well-supported technology. Our customers have access to user-friendly solutions on a platform that meets demanding regulatory, governance, audit and reporting mandates. By making managing and accessing large volumes of data and content easier than ever before, InfoArchive helps us accelerate our customers’ return on investment in application retirement.”
Analytics
Organizations must be able to understand their data and customize the format by which they use the data to address their business needs. InfoArchive 4.2 enhances the flexibility of administrators and knowledge workers to search and then export data and content managed by the InfoArchive platform. Customers now have increased abilities to customize search results that provide context for their particular business need. In addition, users have more export options and data aggregation, which provide greater control for data and content presentation and production.
InfoArchive has been called an accelerating rocket ship over the past year. With today’s announcement, ECD once again speeds to higher heights for customers, and I am certain there is still much more space to explore.