The growing importance for firms today to have well-defined policies and procedures to carry out retention and destruction aligns with the latest data governance needs. With privacy laws in place imposing significant penalties for holding non-public data for too long, it is no wonder that managing a multitude of systems for data handling becomes both, costly and risky. That does not have to be the case with CAM.
CAM enables firms to apply retention and deprovisioning policies based on set criteria that are actioned through an approval workflow. Our platform utilizes a service which runs continuously to locate content eligible for migration (to another system), export (to return to the client), or deletion in accordance with defined disposition schedules, in the end triggering the workflow.
Decreases firm liability risk related to holding content for too long or for too short
Cost-effective approach for handling deprovisioning
Reduces risk as content is easily tracked in order to be moved, deleted, or exported accordingly
Increases compliance to pertinent data regulations
Improves client services due to clear application of retention policies based on clients’ requirements
Read more about CAM from our product brochure.