2005 Success Establishes Orchestria as Leading Trusted Compliance Partner.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Orchestria Corporation, the global leader in software designed to manage risks associated with electronic communication, closed 2005 with nine new licensed customers, partnerships with five of the industry's largest archive vendors, and the largest available pre-built policy library, validating Orchestria 4.0 as the most sophisticated and comprehensive policy management solution available today. In addition to significant new contracts, the decision by 90 percent of existing customers to expand their deployments of Orchestria contributed to the successful year. Current customers include many of the world's most sophisticated financial institutions, such as Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. , Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. and Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. , and an exclusive integration with Bloomberg(R) for real-time policy enforcement. "The financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry was the first to archive e-mail and are now the early adopters to enforce message management policies," said Brian Babineau, analyst with Enterprise Strategy Group. "Orchestria has facilitated the transition from one of archiving to one of proactive e-mail management. Other industries will soon look to improve their message management capabilities. The flexibility and scalability of Orchestria's solutions will enable additional markets to leverage this exciting technology." Orchestria has established partnerships with several of the world's largest archive vendors, including a recent announcement with Iron Mountain. By enhancing current archiving initiatives with a policy management solution that can accurately classify messages before storing them to the archive, companies can transform their archive from a mandated liability to a trusted source of compliant data. Using proven, tested policy to accurately detect violations in electronic communication, Orchestria Pre-Built Policy enables organizations to minimize their time-to-compliance. Through continued collaboration with major financial services firms and industry experts, Orchestria offers over 250 pre-built policy packs, allowing firms to focus on solving their electronic communication issues versus having to figure out what they are in the first place. Orchestria's solution received several acknowledgements in 2005 including: FORTUNE 25 Breakout Company of the year; Best Messaging Compliance Solution by readers of Waters magazine Waters is a magazine published by Canada Wide Media Limited for the official members of the Vancouver Aquarium, It is published three times a year. ; Vendor of the year from Compliance Reporter; and most recently, the company was included in the MIS 100 from MIS Magazine. In line with its increased activity, Orchestria hired a CFO See Chief Financial Officer. to join the management team and recently opened a West Coast office bringing the current employee number to more than 120 people. "Our role in mitigating risks associated with electronic communication has been validated by the financial services industry and leading analysts and experts," said Paul Johns Paul John is a former Wales international rugby union player. A scrum-half, he played his club rugby for Pontypridd RFC. , vice president of global marketing for Orchestria. "Today, we believe Orchestria possesses both the experienced management team and industry expertise needed to successfully expand markets in 2006." About Orchestria Orchestria helps organizations improve operational efficiency and eliminate risks in electronic communication by assuring regulatory compliance, protecting intellectual property and ensuring appropriate employee behavior. Bringing substantial return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) while ensuring corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. to many of the world's largest and most sophisticated corporations, including Goldman Sachs, Bear Stearns and Lehman Brothers, Orchestria Corporation manages threats in electronic communication sent via E-mail, Instant Messenger AOL's instant messaging service. See AIM and instant messaging. , BlackBerry(R) type devices, Web and blogs. Additionally, Orchestria's technology is embedded Inserted into. See embedded system. in Bloomberg(R) Professional, Instant Bloomberg(R) and leading archive providers. Orchestria's active policy management approach accurately detects policy violations in electronic communication and Web activity before the communication is sent or Web transaction is completed. Through Real-time Prevention(TM), Intelligent Review(TM) and Smart Tagging(TM), Orchestria accurately defines policies, detects violations and initiates the appropriate action. This approach prevents inappropriate activity and deters repeat offences while enabling compliance personnel to effectively target their review activity. Founded in August 2000, Orchestria is headquartered in New York with additional sales offices in Boston, London and Toronto. For more information, please visit www.orchestria.com. |
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