Portland, Ore., August 30, 2010 - Smarsh®, the managed service leader in innovative, secure and reliable email archiving and compliance solutions, and LIMRA, which provides research, consulting, and other services to insurance and financial services companies worldwide, today announced a strategic partnership. The companies will work together to help LIMRA member firms meet their electronic message archiving and compliance needs.
Smarsh will serve as the exclusive provider for email, instant message, Bloomberg message and text message monitoring and archiving, as well as compliant financial websites, for LL Global Services, parent company of LIMRA and its affiliates.
"Firms are facing growing archives of email and other forms of electronic communication, and managing this data – from a compliance perspective - is complicated and challenging," said James Kerley, president of LL Global Services, Inc. "Consistent with our mission to offer a full range of services to support companies in their strategic compliance efforts, we are excited to partner with an established industry leader such as Smarsh, which has a successful track record in helping financial services and insurance firms successfully navigate these challenges."
The Smarsh hosted email and electronic messaging platform enables firms to capture, preserve, search, monitor and produce all incoming, outgoing and internal email, instant messages, Bloomberg messages and text messages, satisfying SEC and FINRA electronic messaging compliance requirements. Smarsh Financial Visions offers turnkey and customizable compliant website production and hosting services for insurance and financial services companies.
"Through this strategic partnership, LIMRA members will have the technology and support to meet their electronic record-keeping, supervision and data protection obligations with peace of mind," said Stephen Marsh, Smarsh CEO. "We are thrilled to be chosen by LIMRA and look forward to working side by side to help its members understand the issues at stake in managing both the volume of electronic communication and emerging compliance challenges."
Smarsh and LIMRA will also team to produce a series of online and live events aimed at providing ongoing support and insights on relevant issues and best practices for managing electronic communications compliance.
LIMRA is a worldwide research, compliance, consulting and professional development organization that helps more than 850 insurance and financial services companies in 73 countries increase their marketing and distribution effectiveness. Visit LIMRA at www.limra.com
Smarsh® provides hosted solutions for archiving electronic communications, including email, instant messaging and social media platforms such as Facebook, LinkedIn and Twitter. Founded in 2001, Smarsh helps over 10,000 organizations manage and enforce flexible, secure and cost-effective compliance and records retention strategies and mitigate risk. For more information, visit www.Smarsh.com or follow Smarsh at www.twitter.com/SmarshInc
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