| 2005 PR Index l 2004 PR Index l 2003 PR Index | |
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| November 16, 2005 | |
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eAuditor + Cuts Message Review Time & Improves Productivity of In-House Compliance Auditors SAN FRANCISCO, November 16, 2005 — LiveOffice Corporation (www.liveoffice.com), provider of AdvisorMail (www.advisormail.net), today launched eAuditor+, a pre-populated word and phrase lexicon designed to better meet the needs of financial services’ professionals required to monitor, store and retrieve electronic communications in compliance with SEC, NASD and NYSE regulations. Developed in consultation with some of the nation’s leading compliance experts, eAuditor+ greatly reduces the flagging of false positives in email messages, attachments and instant message transcripts within the AdvisorMail system. eAuditor+ contains a comprehensive list of words and phrases that top compliance professionals in the financial services industry have identified as potentially problematic in the course of electronic communications between financial services professionals and their clients and/or business associates. With eAuditor+, system administrators have the ability to add or delete words and phrases at any time based on their needs. If a word or phrase is deleted from eAuditor+ by an administrator, it can always be added back with the click of a single button. "The last thing in-house compliance personnel want to deal with is volumes and volumes of false positive messages requiring their review and approval. From the start, AdvisorMail's ability to reduce the time it takes compliance staff to fulfill their oversight responsibilities has been one of its most important features," said Steve Uhring, vice president sales and marketing for LiveOffice Corp. "The new eAuditor+ lexicon reflects our continued commitment to compliance workload reduction and is specifically designed to help minimize the occurrence of false positives during email search and retrieval, while curtailing the total number of messages requiring review." How
it Works eAuditor+ is easy to use and can be customized to meet the needs of any financial services organization, ranging from registered investment advisory firms to hedge funds and independent broker-dealers. Pricing & Availability Pricing for the AdvisorMail product suite, which enables automated monitoring, archiving and retrieval of emails and instant messages, begins at approximately $200 per month. NASD
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