Iron Mountain Partners With Orchestria To Expand Electronic Records Management
Iron Mountain Incorporated, the world's trusted partner for records management and data protection services, today announced a partnership with Orchestria Corporation, the global leader in software designed to manage risks associated with electronic communication, to offer its real-time active policy management software with Iron Mountain's Digital Archives, an outsourced electronic records management service for secure, legally compliant and cost-effective archiving of electronic records such as e-mail, instant messages and images.
"Regulators are more tenacious today than ever before and often the evidence in cases against companies comes from their own permanent message archives," said John Clancy, executive vice president of Iron Mountain's Digital business unit. "Electronic messaging has become the principal method of business communication, making it easy for employees to mistakenly or intentionally violate corporate policies. Companies need to have the policies and tools to mitigate this burgeoning risk. By teaming with Orchestria, we're further enhancing our electronic records management portfolio with policy management tools to deliver greater regulatory compliance needs for our customers."
Orchestria's software for active policy management ensures that electronic messages comply with regulations from organizations such as NASD and SEC, the terms of the Sarbanes-Oxley Act and with businesses' internal corporate policies. Through Real-time Prevention and Intelligent Review, Orchestria accurately enforces policy to prevent non-compliant messages from being sent, stored or posted, intelligently scrutinizes all acts of non- compliance to deter repeat offences and educates all users without disrupting business workflow.
Orchestria's active policy management approach accurately detects policy violations in electronic communication and web activity before the communication is sent or web transaction is completed. The real-time prevention software analyzes messages before they are sent. When a violation is detected, the appropriate action is taken. Key benefits driven by effective real-time prevention include: a dramatic decrease in violations committed by employees due to a change in end-user behavior and a significant reduction in the number of violations stored in the permanent message archive.
"Increased threats in electronic communication have forced firms to shift their focus from simply archiving all communication as mandated to enforcing policy before messages are sent," said Bo Manning, CEO of Orchestria. "Orchestria is working with leading archive vendors, such as Iron Mountain, to enable customers to transform their archive from a mandated liability to a trusted source of data."
"As this market matures, best of breed vendors are recognizing the potential in joining forces to offer more powerful solutions," said Brian Babineau, analyst for Enterprise Strategy Group. "A partnership between Orchestria and Iron Mountain is a natural progression toward offering customers the most comprehensive solution for managing electronic communication."
Iron Mountain's e-records management solutions include Digital Archives, an outsourced electronic records management service for secure, legally compliant and cost-effective archiving of electronic records such as e-mail, instant messages and images. This service is complemented by Data Restoration and Electronic Discovery Support and e-Records Management Consulting.
About Orchestria
Orchestria helps organizations assure regulatory compliance, protect
intellectual property and ensure appropriate employee behavior. Used by many
of the world's largest and most sophisticated corporations, including Goldman
Sachs and Bear Stearns, Orchestria Corporation manages threats in electronic
communication sent via E-mail, Instant Messenger, BlackBerry type devices,
Web and blogs. Additionally, Orchestria's technology is embedded in offerings
from Bloomberg and other service providers. Founded in August 2000,
Orchestria is headquartered in New York with additional sales offices in
Boston, London and Toronto. For more information, please visit
www.orchestria.com.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is the world's trusted partner for
records management and data protection services. Founded in 1951, the Company
has grown to service more than 235,000 customer accounts throughout the United
States, Canada, Europe and Latin America and the Pacific Rim. Iron Mountain
offers records management services for both physical and digital media,
disaster recovery support services, and consulting -- services that help
businesses save money and manage risks associated with legal and regulatory
compliance, protection of vital assets, and business continuity challenges.
For more information, visit the Company's Web site at www.ironmountain.com.