Writing in Tech Target, Phil Goodwin wrote: “A core best practice for effective storage management is archiving technology that frees up storage resources, improves performance, and protects data that must be retained.”

We’d like to add, “retained and accessed.” Following a chat with Patrina’s National Sales Director Mark Opila, Phil noted that the sheer volume of data that must be archived for regulatory reasons precludes systems designed to simply “archive and forget it.” He advised IT managers to “employ a collaborative approach” to working with their business units; legal departments; and; might we add, outsourced archival solution providers.

He noted Patrina’s financial industry focus

In his review of archival solutions, Phil highlighted Patrina’s financial industry focus and discussed our Software as a Service-based (SaaS-based) records management solution “that encompasses typical unstructured data and email, as well as social media, blogs, IM and chats. Patrina,” he said, “differentiates its offerings largely through customization, and estimates that 90% of its users have some amount of customization.”

The benefit Patrina delivers to users

The benefit to Patrina users, Phil noted, “is being able to discover and aggregate data. Because of the unforeseen nature of the slices of data requested by regulators, not to mention changing regulations, Patrina offers both self-service data discovery, and support teams to assist its customers.”

We couldn’t have said it better ourselves.

So, building on the words of Phil Goodwin, when — not if — FINRA comes calling, or a discovery motion demands you retrieve, recover and read potentially hundreds or thousands of documents, think about teaming with a trusted partner like Patrina. We’re independent, third-party, outsourced compliance and archival muscle. Talk to us. Ask about our comprehensive regulatory archival and compliance solutions specifically designed for CEOs and CCO’s at Broker/Dealers, RIAs, and FCMs.

Let’s talk (212- 233-1155).