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Data Management

02:18 PM
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Recommind teams up with Open Text to boost e-discovery services

The combined platform is designed to help companies collect and hold only the data necessary for any given investigation.

In a bid to help companies better prepare for e-discovery requets, Recommind, a provider of enterprise search, email management and e-discovery systems, and Open Text, ECM provider, announced a strategic alliance that combines Recommind's Insite Legal Hold application with Open Text's ECM Suite.

The integration adds early case assessment capabilities to the ECM Suite and allows enterprises to quickly, accurately and automatically identify, explore, collect and preserve data directly from within the ECM Suite, according to Recommind.

Insite Legal Hold uses proprietary Explore in Place technology to locate and analyze information where it resides before it is collected and placed on hold in response to an investigation or lawsuit. This allows firms to collect and hold only the data necessary for any given investigation, Recommind said in a release.

"Our customers are quickly recognizing that we are entering a new era of financial and legal regulation, putting increased strain on enterprise IT teams and making an automated, seamless legal hold system an absolute necessity for enterprises," Stephen Ludlow, program manager for eDiscovery Solutions, Open Text, said in the release.

Adds Robert Tennant, CEO, Recommind: "The average Fortune 500 enterprise is faced with over 150 lawsuits in a given year; this, along with a host of other factors, has made the ability to quickly and efficiently gain insight into and respond to the deluge of internal and external investigations and lawsuits business critical."

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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