May 31st, 2011
National Broker-Dealer Gains Fully CompliantSolution with Reduced Downtime, and Higher Productivity, According to RadicatiGroup Study
Milford,CT, May 31, 2011 - USA.NET,a Perimeter E-Security company, today released a commissioned case study reportconducted by The Radicati Group, illustrating the full compliance, cost savingsand business productivity gains that a national broker-dealer organization experiencedfrom deploying USA.NET’s SaaS Secure Messaging solution. The Radicati Groupfound that by switching to USA.NET, the customer saved $15,000 a month, whileenjoying superior security services, better administration and controls, fullcompliance with archiving regulations, enhanced wireless support and decreaseddowntime.
“Today, financial institutions are looking to update their messagingsystems to support compliance and regulations implemented by the SEC and FINRA,”said Tim Harvey, CEO of Perimeter E-Security. “This case study affirms ourfinancial services market leadership and ability of our SaaS Secure Messaging solutionto provide everything a broker-dealer needs to manage messaging in a secure,compliant, comprehensive and cost-efficient way.”
The case study illustrates that this organization with over 800 usershad outgrown its outdated email provider and was looking for a cloud providerthat offered hosted Microsoft Exchange with hosted email encryption services aspart of a consolidated suite of services, while staying within its IT budgetand meeting key technology requirements.
The company chose USA.NET for its complete suite of hosted email andsecurity services, including SaaS Secure Hosted Email, SaaS Email Security, SaaSEmail Encryption, SaaS Archiving and Compliance and Mobile Messaging. Inaddition, “USA.NET also actively helped with the migration process by designinga number of scripts to automate the migration of end-users’ emails to its newsolution and taking the company through a number of staged migrations thatoccurred during off-peak hours,” according to the case study.
By implementing USA.NET, the company achieved:
- Integrated email, encryption and archiving services, which can be managed under one interface, helping to reduce the complexity, costs and uncertainty of deploying multiple solutions from multiple providers.
- Ensures full compliance with regulatory review requirements, such as email sampling as required by FINRA and SEC regulations.
- Greater uptime and savings with downtime virtually eliminated. This alone saves the company an estimated $15,000 a month in lost IT administrator time and lost user productivity (based on the previously reported average of three hours of unexpected outages per month).
- Improved business productivity and efficiency across the organization gained by the full feature set of collaboration services and well-integrated mobile support from USA.NET’s platform.
- Knowledgeable partner going forward with deep understanding of security requirements to ensure that its solutions will keep pace with evolving security and industry compliance regulations.
- Future proofing of the chosen solution to ensure that it would evolve seamlessly to incorporate new features and technologies without requiring future costly upgrades.
The customer’s CIO stated in the report, “Working with USA.NET was veryeasy, their team was willing to work closely with us on customization andmaking sure that all our specific project and implementation requirements werebeing met. We are very pleased with the security features we have gained bydeploying USA.NET, and we feel we are finally at the forefront of what securitytechnologies can provide today.”
With one million secure messaging users, USA.NET filters 50 millionemails per day and handles 240 million security events every day with 200terabytes of managed archives. The Radicati Group ranked USA.NET as a “TopPlayer” in both the HostedBusiness Email-Market Quadrant 2010 report and the Hosted MicrosoftExchange-Market Quadrant 2010 report.
About Perimeter
Perimeter E-Security is the trusted market leader of informationsecurity services that delivers enterprise-class protection and compliance.Through its cost-effective and scalable SaaS platform, Perimeter offers themost comprehensive compliance and security solutions that include: end-to-endsecure messaging solutions, managed security services, vulnerability managementand security consulting services.
For more information about Perimeter, visit www.perimeterusa.com.
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