Atlas for Value-Based Retention
The explosion in data volume and diversity is putting tremendous cost and control pressure on corporate IT organizations. Without a systematic, reliable way to determine the applicable legal obligations and value of data, IT is unable to defensibly dispose, which results in a 'keep everything' policy.
Companies that have adopted the Atlas Suite for defensible disposal are seeing dramatic cost reductions. One Fortune 30 financial services customer was able to reduce data volume growth from 50% to 10% annually by using Atlas. Another top financial services company that was keeping data for 12 years used Atlas to reduce their retention period by 75% and achieve $50 million in cost savings from defensible data disposal. Additionally, these organizations reduced legal risk by integrating workflows across legal and IT to enable legal to more precisely define legal hold and discovery requirements, and IT to more efficiently fulfill those requirements.
According to Vivian Tero, Analyst, Compliance Infrastructure at IDC, "IT organizations are faced with significant pressures to reduce data management costs, and communications between the legal department and IT are ongoing challenges in most enterprises. Atlas should help companies reduce cost and risk."
With the Atlas Suite, enterprises can reduce costs by uniting discovery and information management processes across Legal, IT, RIM and the Lines of Business.
When selecting an Information Governance solution, our customers have prioritized the following solution requirements.
- Reliable, actionable retention procedures for data and employee assets
- Sustainable, high integrity governance
- Information inventory workflows connect assets, information value and regulatory obligations
- Global retention program management
- Risk and cost analytics for RIM, IT
- Integrated legal holds and data collections
- Risk and cost analytics for legal, IT
Atlas meets these requirements in a single, cohesive system of record with natively integrated workflows and analytics for information governance stakeholders across Legal, IT and Records. With Atlas, IT can defensibly dispose of data, eliminate unnecessary data management costs and is always in line with legal and business requirements.
