AXS-One Inc. a leading provider of high-performance records compliance management software solutions, today unveiled its most recent release of the AXS-One Compliance Platform™, Version 3.5.5. The award-winning flagship product is a single integrated software platform and archiving repository designed to manage disparate electronic records, including e-mail and instant messages, regardless of originating platform. The new release, which will be generally available in November 2006, features a broad range of enhanced capabilities and new features designed to offer companies heightened risk management while maintaining the superior ROI customers expect from AXS-One.
Risk management is mission-critical in a business environment where compliance is a top priority: changes to existing statutes such as the Federal Rules of Civil Procedure in the United States , set to go into effect on December 1, 2006 , will require even greater alignment between the legal and IT functions. A new report from the Business Performance Management (BPM) Forum and sponsored by AXS-One, in partnership with Chief Executive Magazine and the IT Compliance Institute , underscores the complexities involved in this process: while a clear majority of CEOs and other senior executives say their attention to compliance issues has significantly increased in the past six years, more than 43% express concern that the failure to adequately archive and manage all electronic content represents a serious liability for their company. The functionality introduced in this release addresses these issues with new features specifically designed and developed to pro-actively manage the risks associated with growing volumes of disparate electronic records, while reducing both their associated litigation and operational costs.
See full Press Release.
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