Companies moving to Office 365 must decide what they should do with their on-premise compliance journals. The issue is Office 365 does not allow for journal mailboxes, so many companies have created workarounds. They include: Utilizing shared mailboxes for journal data Exploding legacy journals so they can migrate the journaled individual emails into the associated custodian mailboxes Keeping your on-premise Exchange server active is expensive. Using a proprietary third-party cloud is also expensive and risks the issue of vendor lock-in, otherwise known as data prison.
The question of whether moving to the cloud has cost advantages over that of staying on premise continues to be discussed in industry publications. Some industry analysts suggest that all things being equal, OpEx strategies should cost more than CapEx… but does it? Lets first briefly explore the definitions of the two strategies and then dig deeper into the numbers that layout the true cost of ownership (TCO) of moving to the cloud.
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MiFID II is right around the corner, January 2018, and there are new data handling, storage, and indexing requirements that some (or many) financial services organizations may not be aware of. In fact, MiFID II, focuses on the EU financial services sector and aims to improve the quality of advice presented to clients as well as offer additional investor protections. To accomplish these requirements, the new regulations add additional data recording, retention, and search requirements.
Are you planning your move to Office 365 and struggling to manage your legacy email archive? If so, download this new white paper by Archive360 that concisely describes the challenges that you face and the best practice. Some of the challenges are:
Enterprise Vault.Cloud (EV.Cloud) is one of the most challenging email archives to migrate. EV.Cloud migration is a single-connection process that is painfully slow and often corrupts the data while it is being extracted. Archive360 is proud to be the leader in archive migration performance. For EV.cloud migration, I am pleased to share this recent Daily Extraction report from an actual customers who was migrating archive data from EV.Cloud to PST files.
The consolidation in the Information Governance industry continues. Recently HP announced its decision to sell its software business to Micro Focus for $8.8 billion which includes its Information Management and Governance business. These software assets include HP RISS, Mimosa NearPoint, CA Messenger, Zantaz EAS, Zantaz Digital Safe, and the Iron Mountain Digital Hosted Archive.