News | April 7, 2009

MessageGate And 17a-4 To Deliver Enhanced Regulatory Risk Management

MessageGate, Inc., a leader in enterprise email controls for corporate risk management, and 17a-4, an e-messaging compliance consulting company, recently announced a strategic partnership to provide MessageGate's Archive Categorization and Policy Enforcement solutions for 17a-4's extensive roster of clients. The partnership enables 17a-4 to deliver tighter, automated control of clients' entire email profiles to mitigate the risk of compliance violations.

Corporate environments are facing an increase in compliance challenges due to information privacy regulations, electronic discovery and constant collaboration with external constituents. With MessageGate's solutions, 17a-4 can now provide effective management of the growing amounts of Electronically Stored Information (ESI), while complying with regulatory mandates including SEC Rule 17a-4, SOX, FERC and HIPAA and amendments to the Federal Rules of Civil Procedure (FRCP).

"Financial services institutions, in particular, are at great risk of triggering regulatory violations if they continue to manually monitor email archives and existing policies," said Charles Weeden, managing partner for 17a-4. "We consider MessageGate's solutions a tremendous value-add proposition in the form of secondary insurance for clients who need a comprehensive, automated email risk management approach without significant added investment or disruption to business."

With MessageGate Archive Categorization, organizations can leverage real-time analysis and easy integration to apply consistent controls prior to messages entering the email archive. By classifying and categorizing email before it enters the storage network, users significantly streamline the archival and retrieval process. Results include tangible cost savings, improved responsiveness during e-discovery and audit processes, and increased confidence within an organization that only responsive items are being submitted to external parties.

MessageGate Policy Enforcement is a flexible policy engine that manages enterprise email risk in real-time. Automated, policy-specific controls prevent intentional and unintentional breaches while mitigating insider threats, helping companies to proactively manage their information and protect intellectual property.

"Due to the penalties at stake, organizations can no longer ignore the inherent email related risks at hand. Organizations that turn to trusted advisors such as 17a-4 will now also have the option to actively manage the risk of future violations through email controls that incorporate security policies in real-time," said Chris Bradley, vice president of business development and marketing for MessageGate. "Our work with 17a-4 will help a broader audience of companies meet compliance mandates head-on by translating enforceable policies into electronic communications that can be effectively automated and enforced live in the email stream."

About MessageGate
With a simple and practical approach, MessageGate provides software and services for enterprise email controls to leading companies worldwide. From product to architecture, MessageGate makes a company's experience with email management both simple and secure. Helping companies cope with threats, improve archival and retrieval activities, and ensure proper usage across a variety of industries, MessageGate's offerings include MessageGate Activity Profile (MAP), MessageGate Policy Enforcement, and MessageGate Archive Categorization. For more information, visit www.messagegate.com.

About 17a-4, llc
17a-4, llc is an e-messaging compliance consulting company. Founded in 2001, 17a-4 has assisted over 300 institutions to effectively and efficiently manage and mitigate their regulatory and legal risk associated with e-messaging content. Our unique strength is combining our extensive knowledge of a client's requirements with email archival solutions and industry ‘best-practices'. In addition, the 17a-4 DataParser is the leading software for the capture of Bloomberg messaging and other e-messaging and collaboration content.

SOURCE: MessageGate, Inc.