Photos from around the Smarsh Portland office via The Oregonian.
Today, Marsh said, electronic archiving has proliferated beyond tightly regulated industries and into other types of organizations, including health care, education and government agencies. And archiving has expanded beyond email to include instant messages, social networks and internal corporate communications systems, such as Microsoft's Yammer and Salesforce.com's Chatter.
We host a lot of events here at the Portland Business Journal, but there's no doubt which one is the most raucous.
Hands down that distinction goes to our blowout bash celebrating the fastest-growing companies in Oregon and southwest Washington. Nearly one thousand people packed the Hilton Hotel ballroom for an old Hollywood-themed event last year in which winners strutted down a red carpet in front of a cheering crowd.
Smarsh, the provider of email and social media archiving solutions, recently released its annual Electronic Communications Compliance Survey that has all sorts of nuggets around compliance. If you offer your contact information, you can download the report for free. Inside you'll find insights like the gap between social media use and actually archiving messages and details on mobile device security (or lack thereof).
By combining the Smarsh archiving and compliance solutions with NASDAQ OMX's SMARTS platform, customers globally will be able to fine-tune their compliance and risk management activities. The combined solution will provide users with the ability to extrapolate additional value through the correlation of trading data with employee and customer communication such as e-mail, instant messages, mobile messages and social media posts.
The third annual "Electronic Communications Compliance Survey Report" from Smarsh found compliance professionals in financial services are more comfortable with the "new normal" of greater regulatory scrutiny, evolving communications tools and more complexity in the demands around email surveillance. Sixty-seven percent of respondents cited new and changing regulations, 64% new communications channels and 63% increased scrutiny/enforcement as their top concerns related to electronic message compliance.
Use of company-issued and personal devices are on the rise, with Apple iOS devices surpassing BlackBerry for the first time, according to hosted archiving and compliance solutions specialist Smarsh's third annual Electronic Communications Compliance Survey Report.
Smarsh found that social media usage is increasing rapidly in financial services across a variety of channels, and that the bring-your-own-device trend has presented a raft of new challenges as non-corporate-owned devices must now be monitored too. I was intrigued to find that two-thirds of firms surveyed are now allowing use of LinkedIn, which is a 10% increase over last year's survey. And further, LinkedIn also happens to be the most requested social media network among the employees overseen by the respondents, at 87%, followed distantly by Facebook at 43%.
Smarsh announced at FINRA's 2013 annual conference a new partnership with NASDAQ OMX to offer Smarsh archiving and compliance solutions to corporations, broker-dealers, exchanges and regulators alongside NASDAQ OMX's SMARTS market surveillance and compliance solutions.
Prohibition didn't work for the feds, and it doesn't appear to work all that well for the enterprise, either. A newly released set of survey results from Smarsh indicates that approaching regulatory requirements by prohibiting technologies and communication channels produces less satisfactory outcomes than allowing and governing them.
Use the filters below to find regulations and laws relevant to you and your company.