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LIVEOFFICE AND NATIONAL REGULATORY SERVICES TEAM TO DELIVER ENHANCED EMAIL AND INSTANT MESSAGE SURVEILLANCE SERVICES TO THE FINANCIAL INDUSTRY
April 13, 2004
NAPLES, Fla., April 13, 2004 - Today at the NRS 19th Annual Spring Compliance Conference, LiveOffice (www.liveoffice.com), the
leading provider of web sites, compliance systems and collaborative applications and National Regulatory Services (NRS, www.nrs-inc.com),
a division of Thomson Media, and the top, national compliance consulting firm, announced a partnership that will help financial services
firms better meet SEC, NASD and NYSE regulations regarding the monitoring and storage of electronic communications.
LiveOffice and NRS have formed a unique partnership that will make a valuable bundling of advanced technology and regulatory compliance expertise available to financial services organizations. The resulting products and services will help companies, including investment advisory firms and broker-dealers, quickly respond to the stringent and ever-changing regulatory requirements surrounding electronic communications.
To help financial firms identify and isolate non-compliant electronic communications, NRS has created a proprietary list of more than 1,000 potentially problematic words and phrases that financial organizations can use to automatically screen their representatives' emails and instant messages. As part of the partnership, LiveOffice will offer the NRS eSupervisor Premium Lexicon as a recommended add-on to its AdvisorMail system, the leading solution for automated email and instant message monitoring, archival and retrieval.
NRS will also offer AdvisorMail clients access to its expert broker-dealer and investment adviser consulting services, allowing compliance personnel to work hand-in-hand with knowledgeable consultants to custom tailor the NRS eSupervisor Premium Lexicon to meet and exceed their organization's specific needs.
"Financial services companies nationwide have come to rely on LiveOffice and NRS for help in meeting the strict compliance guidelines set forth by organizations like the SEC and NASD," said Steve Uhring, vice president of sales and marketing for LiveOffice. "In evaluating partnership opportunities, NRS' consulting expertise and in-depth understanding of the current and future industry regulations proved to be the best fit for our customers and our company."
In addition, LiveOffice will create a private-labeled version of AdvisorMail for exclusive distribution to NRS' large customer base. This specialized branding will enable NRS to expand its compliance service offering, while reinforcing its outstanding reputation as the premier provider of regulatory compliance services.
"Our daily interactions with the nation's leading financial services institutions and professionals have demonstrated an overwhelming need for this type of integrated supervisory system for electronic communications," said Jon Higgins, executive vice president and chief operating officer for NRS. "Partnering with LiveOffice will enable us to provide the most effective and affordable electronic communications surveillance solution available today."
LiveOffice will demonstrate AdvisorMail at the NRS 19th Annual Spring Compliance Conference taking place today through Friday at the Hyatt Regency Coconut Point Resort & Spa in Naples, Fla.
LiveOffice and NRS have formed a unique partnership that will make a valuable bundling of advanced technology and regulatory compliance expertise available to financial services organizations. The resulting products and services will help companies, including investment advisory firms and broker-dealers, quickly respond to the stringent and ever-changing regulatory requirements surrounding electronic communications.
To help financial firms identify and isolate non-compliant electronic communications, NRS has created a proprietary list of more than 1,000 potentially problematic words and phrases that financial organizations can use to automatically screen their representatives' emails and instant messages. As part of the partnership, LiveOffice will offer the NRS eSupervisor Premium Lexicon as a recommended add-on to its AdvisorMail system, the leading solution for automated email and instant message monitoring, archival and retrieval.
NRS will also offer AdvisorMail clients access to its expert broker-dealer and investment adviser consulting services, allowing compliance personnel to work hand-in-hand with knowledgeable consultants to custom tailor the NRS eSupervisor Premium Lexicon to meet and exceed their organization's specific needs.
"Financial services companies nationwide have come to rely on LiveOffice and NRS for help in meeting the strict compliance guidelines set forth by organizations like the SEC and NASD," said Steve Uhring, vice president of sales and marketing for LiveOffice. "In evaluating partnership opportunities, NRS' consulting expertise and in-depth understanding of the current and future industry regulations proved to be the best fit for our customers and our company."
In addition, LiveOffice will create a private-labeled version of AdvisorMail for exclusive distribution to NRS' large customer base. This specialized branding will enable NRS to expand its compliance service offering, while reinforcing its outstanding reputation as the premier provider of regulatory compliance services.
"Our daily interactions with the nation's leading financial services institutions and professionals have demonstrated an overwhelming need for this type of integrated supervisory system for electronic communications," said Jon Higgins, executive vice president and chief operating officer for NRS. "Partnering with LiveOffice will enable us to provide the most effective and affordable electronic communications surveillance solution available today."
LiveOffice will demonstrate AdvisorMail at the NRS 19th Annual Spring Compliance Conference taking place today through Friday at the Hyatt Regency Coconut Point Resort & Spa in Naples, Fla.
LiveOffice’s AdvisorMail provides industry-leading email archiving, instant message archiving, anti-spam, antivirus, compliance and eDiscovery solutions to
financial services firms of all sizes. These services ensure the integrity of emails and IMs, simplify the discovery process, and help companies protect
themselves against the risk and expense of lost or misplaced electronic messages. LiveOffice also helps organizations comply with statutory, regulatory
(SEC, NASD), legal and industry-specific mandates. Founded in 1998, the company serves a premier roster of clients including Fortune 500 companies, processes
and protects millions of messages each day, and has a customer retention rate of over 98%. For more information, contact 1.800.251.3863 or visit
www.advisormail.net.

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