FOR IMMEDIATE RELEASE
|
Contact: |
Diane Nelson |
Donna Rose |
|
|
Express Intelligence |
Global System Services Corporation
(GSS) |
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1-650-967-2387 |
1-650-965-8669 |
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|
nelsonpr@earthlink.net |
pr@gssnet.com |
GLOBAL SYSTEM SERVICES ANNOUNCES BREAKTHROUGH E-MAIL MANAGEMENT TOOL FOR
BROKER-DEALERS
MOUNTAIN VIEW, CA/ORLANDO, FL,
JANUARY 28, 2003—Global System Services Corporation (“GSS”), a leading
electronic messaging and groupware firm, today launched GSS E-mail Manager
(GEMM) at Lotusphere 2003 in Orlando Florida (Booth #615). The new software
product provides much needed functionality for broker-dealer compliance
professionals and IT departments.
SEC and NASD
regulations related to e-mail have dramatically increased the burden of e-mail
management on broker-dealers. Securities firms are facing new technical
requirements for e-mail management while the volume of e-mail continues to
increase along with the workload falling on limited IT and compliance
resources.
Regulators have focused
increasingly on e-mail and major securities firms have been substantially fined
in matters relating to e-mail. In the past, firms archived e-mail but today
compliance professionals must be proactive in reviewing an increasing volume of
e-mail for a growing number of reasons. Traditional e-mail archiving and
surveillance tools are no longer adequate.
GEMM allows compliance
professionals to easily manage, search, analyze, and review large numbers of
e-mail messages selected for inspection for various reasons. GEMM specifically
addresses the user interface and message management needs of compliance
professionals.
“GEMM solves a real
problem in terms of usability and features designed specifically for compliance
professionals,” said Ron Herardian, Managing Partner at Global System Services
Corporation. “By deploying GEMM our customers can reduced their overall
technology cost for managing regulatory compliance issues related to e-mail,”
said Herardian. GSS works closely with major financial firms.
GEMM will ship first for
IBM Lotus Domino in Q1 2003 followed by other platforms in the second half of
the year. Pricing has not yet been determined.
About GSS
Global System Services Corporation (GSS) is a
leading provider of software and solutions for e-mail and messaging, directory
services, groupware, and wireless to customers worldwide. GSS provides a full
spectrum of services ranging from strategic technology consultation to
implementation. GSS is based in
# # #
Global System Services is registered trademark of Global System Services
Corporation. IBM, Lotus, Lotus Notes and Domino are trademarks of IBM
Corporation in the