Presensoft is the very first to give compliance officers, managers, and traders the ability to review ICE and YellowJacket chat in real-time, and we have achieved this with a simple solution which requires no additional hardware
Houston, TX (PRWEB) February 5, 2009
Presensoft Inc., the award winning IM Hosted Services provider, today announced IntercontinentalExchange Chat and YellowJacket Chat compliance support with the release of Presensoft IM Policy Manager for ICE and YellowJacket. Presensoft explains this innovative solution is a new module to its successful IM Policy Manager Suite. The IM Policy Manager for ICE and YellowJacket fully integrates ICE and YellowJacket chat records into the celebrated IM Policy Manager, where records are easily exported into any Data Retention and Records Management system for centralized review and eDiscovery.
"Presensoft is the very first to give compliance officers, managers, and traders the ability to review ICE and YellowJacket chat in real-time, and we have achieved this with a simple solution which requires no additional hardware" says David Pulaski, CEO for Presensoft. "We are proud to be working so closely with the leading energy trading platform. Adding this service to our existing suite helps energy trading firms protect the business for their shareholders."
Although there are several products to manage public IM, real-time access to chat logs of many proprietary systems have been simply overlooked by audit processes. Regulations dictate records be preserved, no exceptions are made regarding the type or source of the chat. There was a noticeable void of solutions to solve the challenge of logging secure chat from many proprietary systems for instantaneous access to support intraday issues.
Presensoft and IntercontinentalExchange (NYSE: ICE) recognized that many firms did not have simple processes in place to satisfy FERC, SOX, and other regulations that require logging and review of electronic discussions regarding energy trades. The ICE and Presensoft teams joined forces to produce a straightforward, scalable solution to capture ICE and YellowJacket Chat and make it available to compliment ICE customers' existing chat compliance procedures.
This new solution from Presensoft provides an easy and affordable way to close the loop on specialty chat-based data lifecycle requirements which before now had not been accessible to most.
- Provides the Only Real-Time Access to ICE and YellowJacket Chat Data
- Leverages Existing IM Compliance Solutions with Exporting to Any Third Party
- Provides Evidence to Compliance for Restricted Use Policy
- Requires no Additional Hardware
IM Policy Manager for ICE and YellowJacket is now available. Introductory rates are $24 per month per user and $80 per month for Presensoft IM Hosting Services. You can find more information about the Presensoft IM Policy Manager for ICE and YellowJacket by calling (713) 493-0108 x2.
About Presensoft Inc.:
Presensoft Inc. is a leading provider of IM management solutions which has offered the most advanced technology available to meet IM security, archiving and compliance needs for over seven years. Presensoft's versatile solution logs IM for in-house records and legal compliance, while encrypting information to protect sensitive data. Presensoft Inc. enables sales, support, marketing and trading executives to profit from presence-based technology. Learn more about Presensoft at http://www.presensoft.com.