New York, NY (PRWEB) February 22, 2012
Simplicato, Inc., the leader in secure hosted Email Archiving, Compliance and e-Discovery solutions today announced its new Archiving for Compliance On-Boarding Program for newly registered advisers.
Simplicato's new On-Boarding Program is intended to help financial advisors reduce the costs and anxiety associated with meeting the new SEC deadline by eliminating setup fees as well as providing quick activation and training.
The SEC’s adoption of the Dodd-Frank Act in June 2011 requires many previously exempt hedge fund and private equity firms to register with the Securities and Exchange Commission by March 30, 2012. These firms will be held responsible for record keeping in order to comply with Rule-204-2 of the Investment Advisers Act of 1940 which also requires the retention of email and IM communications for a minimum of 5 years.
With Simplicato's new Archiving for Compliance On-Boarding Program, Advisors who use Google Apps for Business, Microsoft BPOS, , Hosted Exchange Solutions or In-House Exchange will now be able to completely achieve archiving compliance within a few hours transparently and without interruption. Simplicato’s migration team will help new customers get started quickly so they can be in compliance in a matter of hours instead of days or weeks which is currently the case with most other providers.
For customers not currently using one of the email hosting solutions above, Simplicato also offers Email Hosting and Exchange Email Hosting to ensure a truly integrated email hosting and archiving for compliance solution unmatched in the industry.
“Customers are looking for simple, reliable and affordable solutions built with their requirements in mind. Our Archiving for Compliance solutions along with our new On-Boarding Program really gives our customers the best options available.” said Ram Tanamy, founder and CEO of Simplicato, Inc. “Customers choose our Email Archiving solution because it has the features they need, its user friendly and our strong record of 7 years+ of successful regulatory audits.”
Simplicato is one of the first SaaS (Software as a Service) archiving for compliance companies that launched archiving services after the Sarbanes–Oxley Act was enacted in 2002. It is one of the first cloud based solutions with a proven track record of meeting FINRA and SEC regulatory requirements.
Simplicato's simple-to-use SaaS hosted e-mail archiving solution facilitates compliance by:
- Capturing all incoming and outgoing emails.
- Archiving email messages in an unaltered state.
- Indexing, cataloging and serializing email messages with timestamps.
- Enabling Compliance Officers (CO) to conduct advanced searches using multiple criteria.
- Logging compliance activities in the audit trail with activity reports for regulatory auditors.
- Enabling Compliance Officers to automate compliance processes to simplify and satisfy company’s compliance requirements.
Simplicato is a dynamic and progressive Email Archiving and Email Hosting market leader in the small to mid-sized business community. Simplicato devises and implements affordable and effective solutions tailored to fit the needs of today's businesses. Simplicato's customer base includes: Republic of Tea, Coyote Point, Lawn Doctor, Lava Life, Sunny Group, Pasco Claims, PinCity, Argent Software, Combined Insurance, Chelsea Management, Regent Care, as well as many established financial advisors and brokers. With a client base spanning from China to Australia, Simplicato is proud to continue offering solutions to our customers worldwide.