FileNet and Steelpoint Address Sarbanes-Oxley Compliance Requirements

Apr 11, 2003


FileNet Corporation, a provider of enterprise content management (ECM) solutions, has partnered with Steelpoint Technologies, a provider of compliance, risk management, and litigation support solutions, to provide an ECM solution addressing the rising market demands for regulatory compliance and litigation risk management (CLRM) solutions. The partnership pairs FileNet's content and business process management technology with Steelpoint's Introspect eCM, a litigation support application. The joint solution is designed to help companies manage risk and comply with a wide range of corporate governance requirements and regulations, including the Sarbanes-Oxley Act, a bill passed in 2002 that establishes more stringent controls and oversight requirements for public companies' financial practices. The CLRM solution leverages FileNet's P8 ECM integration capabilities to support various challenges associated with regulatory compliance and litigation risk management including: enforcing processes for compliance, responding to audits and inquiries, administering the lifecycle of critical documents, and defending against claims arising from non-compliance. At the core of the CLRM solution is Steelpoint's eDiscovery technology, which allows corporations to collect, categorize, and store information from a variety of sources, identify the relevant and responsive content, collaborate on issues of risk, and drive corrective mitigation processes.