Date Posted: 5/3/2010
Prodiance Releases New Version of eDiscovery Application with Significant Performance Increases
Pleasanton, Calif. and London – May 3, 2010 – Prodiance Corporation, a leading provider of Enterprise Risk Management (ERM) solutions, today announced a new release of Prodiance eDiscovery, an application which automates discovery, inventory management, and risk assessment for mission critical spreadsheets, Access databases and other end-user computing (EUC) applications.
"Recent events in the financial services industry have led to a significant increase in regulatory scrutiny from the OCC and FSA over mission critical spreadsheets, Access databases and other EUC applications," said Eric Perry, vice president of marketing at Prodiance Corporation. "As a result, we have seen a corresponding rise in demand for automated spreadsheet and EUC risk management and solutions; specifically those needed to discover, inventory and assess risk." To address this demand, the new Prodiance eDiscovery release incorporates scalability enhancements to enable financial services firms to efficiently discover millions of EUCs across their network while efficiently assessing the risk level associated with each file. With an accurate EUC inventory, firms can quickly understand their risk and exposure due to uncontrolled EUCs prone to programming errors, fraud and non-compliance.
Prodiance eDiscovery enhancements include performance and scalability required to discover and risk assess millions of files, sharing of master inventory across discovery agents, a new API to initiate discovery jobs, discovery history reporting, and optimization for very large ZIP files with EUCs embedded in them. The new Prodiance eDiscovery release is now available as an upgrade to customers under the standard Prodiance Support and Maintenance Agreement (SMA).
For more information on how to obtain an upgrade, please contact your local Prodiance representative, or call us at +1-925-460-9191.
About Prodiance
Prodiance delivers Enterprise Risk Management (ERM) solutions to help improve integrity, transparency and control over end user computing applications such as spreadsheets, databases and BI reports which comprise a significant portion of mission critical data within organizations. Prodiance leverages over 20 years experience in delivering innovative technology solutions for highly regulated markets. Leading global organizations in more than 25 countries across 6 continents representing a wide variety of industries - banking, insurance, capital markets, energy, telecommunications, manufacturing, media and entertainment, food and beverage, health care, pharmaceutical, and education - have chosen Prodiance as trusted partner to achieve their strategic goals. Prodiance Corporation is an independent, privately held company based in Pleasanton, California with offices in London, Chicago, Philadelphia, New York, The Netherlands, and Shanghai. Additional news and information about Prodiance solutions, products and services is available at www.prodiance.com or by calling +1.925.460.9191.
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