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Cabinet NG, Kodak and KOM Networks Unveil Bundled Paperless Solution for Financial Advisors and Broker Dealers.


Bundled solution combining document scanning, automated document management, and WORM storage technology addresses critical needs for SEC, FINRA FINRA Financial Industry Regulatory Authority (formerly Securities Industry Regulatory Authority)  regulatory compliances in paperless environment

HUNTSVILLE, Ala. -- Cabinet NG (CNG CNG Compressed Natural Gas
CNG Calling (Tone)
CNG Comfort Noise Generation
CNG Cryptography Next Generation (Microsoft Windows Vista)
CNG Centre National de Génotypage
), the preeminent automated document management and workflow solution for small enterprises; KOM KOM King of the Mountain (bicycle racing)
KOM Knowledge Oasis Muscat (Oman)
KOM Kick-Off Meeting
KOM Kingdom O' Magic (computer game)
KoM Knights of Maple
 Networks, an innovative provider of KOMpliance, WORM Hard Disk Data Archiving Solutions and Storage Management software; and Kodak, a leader in document imaging, today unveiled a complete, all inclusive paperless document management solution for financial advisory firms, and broker dealers. Available immediately from CNG, the new product package consists of CNG-SAFE document management software, one or more Kodak scanner(s) (model i1120 or i1220 or i1320), and KOMpliance, KOM Networks' eWORM Server.

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.
 firms are eager to reap the benefits of electronic document management, such as time and money saved storing and retrieving files and folders, in addition to the efficiencies and productivity boosts gained from improved workflow throughout the company. The challenge has been to easily and economically incorporate hardware compatibility and compliance technologies into their paperless office Long predicted, the paperless office is still a myth. Although paper usage has been reduced in some organizations, it has increased in others. Today's PCs make it easy to churn out documents.

As one technology eliminates paper, another comes along to increase usage.
 strategies.

Explained Kamel Shaath, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , KOM Networks, "The Securities and Exchange Commission (SEC) Rule 17a tells financial services firms that electronic records must be preserved exclusively in a non-rewritable, non-erasable format; but, most financial planners Financial Planner

A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals.
 don't have an IT department in-house to sort through the confusing and contradictory array of 17a storage options. KOM Networks solves the problem with KOMpliance, a rock-solid eWORM storage technology that ensures compliance-readiness."

"Choosing the best technologies that will work together to give firms an integrated document management solution is exactly why we are partnering with CNG and KOM Networks," said Kevin Diday, Business Development Manager, Kodak's Document Imaging Business. "Paperless processes require scanning physical documents. We offer financial services firms the most efficient, economical scanning options including the Kodak i1120, i1220 and i1320 models of desktop scanners to support differing scanning workloads."

Added Jon Clark, VP Sales, CNG, "Advisors and broker dealers go paperless to improve office efficiency and automate business workflow. CNG is pleased to partner with Kodak and KOM Networks to deliver an integrated document management package that comprehensively addresses regulatory compliance in a paperless environment."

Key to the effectiveness of the CNG-SAFE document management platform is the storage of ALL documents in a central information repository An information repository is an easy to deploy secondary tier of data storage that can comprise multiple, networked data storage technologies running on diverse operating systems, where data that no longer needs to be in primary storage is protected, classified according to captured  - in their original electronic formats. Staff based at either HQ or remote locations get the same instant and secure access to client files. Files and folders are only accessible by authorized users authorized user Radiation physics A person who, having satisfied the applicable training and experience requirements, is granted authority to order radioactive material and accepts responsibility for its safe receipt, storage, use, transfer and disposal  - access parameters can be set as granular granular /gran·u·lar/ (gran´u-lar) made up of or marked by presence of granules or grains.

gran·u·lar
adj.
1. Composed or appearing to be composed of granules or grains.

2.
 as the firm wants. Document risks are covered by complete rights management, rules-based document retention and built-in audit capabilities.

CNG-SAFE easily integrates with current financial and business software applications to provide more efficient office workflows. Financial and insurance industry businesses can replace paper and boost accessibility and insight with automated electronic workflows that streamline internal processes - making filing, locating and sharing documents simple, seamless and secure.

To learn more, contact Jon Clark at 800-621-6501.

About Cabinet NG, Inc.

Cabinet NG (CNG) automates document management for small enterprises. CNG's user-friendly document management solutions streamline user tasks, delivering gains in office productivity and bottom-line savings. By creating a secure electronic filing environment, CNG's products move manual paper-based procedures into efficient automated workflow processes. CNG integrates document management with popular business applications creating a central repository of business information that powers more effective business processes. CNG is privately held and headquartered near Huntsville, Alabama Huntsville is the county seat of Madison County, Alabama. Huntsville is the largest city in northern Alabama in a region of a half-million people, with the city proper having 168,132 residents (2006 estimate). . For more information, visit http://www.cabinetng.com.

About KOM Networks

KOM Networks, founded in 1969, is the world leader of innovative storage management software solutions. Pioneers of Data Protection & Retention, KOM Networks' products provide Compliance, Archiving and Information Lifecycle Management Information Lifecycle Management refers to a wide-ranging set of strategies for administering storage systems on computing devices. Specifically, four categories of storage strategies may be considered under the auspices of ILM.  (ILM) to over 10,000 installations globally. KOM Networks products are delivered through a worldwide network of value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. , strategic partnerships and alliances.

KOM Networks' easy-to-integrate products let you Simply Manage, Protect, and Serve STORAGE, The Way You Want It. For more information please visit www.komnetworks.com.

About Kodak

As the world's foremost imaging innovator, Kodak helps consumers, businesses, and creative professionals unleash the power of pictures and printing to enrich their lives.

To learn more, visit www.kodak.com, and our blogs: 1000words.kodak.com, PluggedIn.kodak.com, and GrowYourBiz.kodak.com.

All trademarks and registered trademarks are property of their respective owners.
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Publication:Business Wire
Date:Sep 29, 2008
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