KOM Networks, a global leader of storage management software solutions, announced the implementation of KOMworx at CSI, a subsidiary of Credicorp-the largest financial services holding company in Perú with total consolidated assets of $9.1 billion, and closely identified with its principal subsidiary, BCP, the country's largest bank-as part of CSI's SEC Compliance strategy. KOM Networks & Mobius Management Systems have helped CSI protect data and achieve compliance by archiving records in accordance with SEC regulations.
"KOMworx has allowed CSI to implement a proactive, long-term and comprehensive compliance strategy managing data in accordance with the SEC 17a-4 regulations," said Dr. Taher Shaath, Chief Executive Officer of KOM Networks. "At KOM we consider assisting financial institutions archive and retain their data, a priority; KOMworx Compliance transparently archives data to an unalterable WORM disk storage, quickly producing data on-demand meeting government regulations for audits and legal requirements."
The CSI compliance solution includes Mobius' ViewDirectr E-mail Management software to capture and archive e-mails on a KOMworx `virtual volume'. e-WORM++, a feature of KOMworx Compliance, archives collected data to a WORM disk storage as well as replicating data to a WORM optical media, enforcing record retention policies. Data is protected and maintained on write-once WORM storage, satisfying the most stringent regulatory requirements. The process is automated, seamless and transparent with virtually no impact on performance, ensuring data is secure and readily available.
"SEC regulations have been a major concern for us at CSI. With the implementation of KOMworx and ViewDirect E-mail Management we are able to archive and manage data in an efficient manner while maintaining SEC Compliance," said Bruno Ghio, General Manager of CSI. "KOMworx Compliance has helped us comply with regulations and manage data by moving files to the most cost effective storage device automatically, saving us on capital and operational costs."
Commenting on the deployed software solution, Miguel Rodriguez, product manager at Mobius said, "Our ViewDirect E-mail Management software helps capture e-mail messages in a number of ways, including automatic capture from user mail-boxes and Exchange stores, and manual capture by users. CSI benefits by reducing the storage load on the Exchange server and improving the efficiency and reliability of its messaging servers. The combined solution makes it easier for CSI to manage their incoming e-mails and meet SEC regulations," he added.
Arsenio Batoy, President, Optical Laser, a KOM value added distributor facilitated the sale of the software talked about the ease of implementation and benefits KOMworx software provides. "Using KOMworx Compliance, organizations the likes of CSI are able to automatically archive data from investment banking, investment fund management as well as stock brokerage activities. KOMworx allows CSI to archive and protect data on WORM disk storage and Optical Media providing storage flexibility and enabling SEC Compliance."
About KOM Networks
KOM Networks, founded in 1969, is the world leader of innovative storage management software solutions. Pioneers of Data Protection & Retention, KOM Networks' products provide Compliance, Archiving and Information Lifecycle Management (ILM) to over 10,000 installations globally. KOM Networks products are delivered through a worldwide network of value-added resellers, strategic partnerships and alliances.
KOM Networks' easy-to-integrate products let you Simply Manage, Protect, and Serve STORAGE, The Way You Want It. For more information please visit www.komnetworks.com.