Exchange Hosting News: 123Together Hosted Exchange

Are you a financial institution scrambling to comply with SEC Rule 22c-2 of the Investment Company Act by October 16, 2007?

The Investment Company Act of 1940 was designed to prevent fund firms from allowing favored clients to participate in market-timing by rapidly buying and selling funds to the detriment of long-term fund shareholders. In 1995 the Securities and Exchange Commission amended Rule 22c-2 which applies to the dissemination of shareholder identity and transaction information pursuant to shareholder information agreements. The deadline by which firms must be able to request and promptly receive shareholder information is October 16, 2007. In order to comply with the SEC regulations, investment firms must also revise their systems to accommodate the request, provisioning, and use of shareholder information.

123Together.com’s Microsoft Exchange Hosted Archive solution is designed to help financial institutions in their efforts to meet these regulatory demands placed on their electronic communications systems. Microsoft Exchange Hosted Archive helps deliver security-enhanced and virtually tamperproof archiving for email, allowing companies regulated by the SEC to store and retrieve communications as they strive to comply with the data and transaction demands of this regulator. In addition to comprehensive and security-enhanced message storage, Microsoft Exchange Hosted Archive also provides an effective backup email environment and disaster recovery tool for email, in the event of a primary email system outage.

This centralized multitasking mail repository is deploy in a hosted environment which helps eliminate up-front capital investment, frees up IT resources to focus on value-producing initiatives, and mitigates messaging risks before they reach the corporate network. Once archived, messaging can then be accessed through a security-enhanced, web-based interface. Flexible search queries can be used to locate messages quickly. Upon retrieval, users can conduct a variety of actions, including tag, file, export, forward via SMTP, and restore.

Benefits:

• Archiving captures messages in transit, after they’ve been filtered, helping to keep spam, viruses, and other unwanted content out of the archive.
• Minimize up-front capital investment.
• Integrate with existing email infrastructure.
• Help free up administrator time to focus on other projects.
• Familiar interface minimizes the need for user training.
• Provide end users with continual access to their message store through a security-enhanced browser.
• Indexed storage for fast retrieval of messages for legal discovery.
• Easy-to-use evidentiary reports and monitoring features to help manage SEC compliance.
• Backup mail system for real-time email continuity during an outage.

Hosted Services Benefits:

• Lower total cost of ownership than on-premise solutions.
• Offers a predictable subscription-based payment.
• Simplifies IT environment by minimizing the need to deploy, configure, monitor, and update in-house email security servers and applications.
• Helps increase available bandwidth.
• Helps free up server resources and lower load on CPU.
• Scales to meet the needs of virtually any enterprise.

This entry was posted on Tuesday, September 25th, 2007 at 1:12 pm and is filed under Solutions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.