Recommind and Exterro Announce Strategic Technology Partnership
San Francisco, CA - (Business Wire - August 20, 2009) - Recommind, the leader in search-powered Information Risk Management (IRM) software, and Exterro, the leading provider of legal workflow management technology, today announced a strategic partnership to provide enterprises with an integrated, end-to-end legal hold solution. The solution will deliver the most robust and transparent eDiscovery platform available to meet the challenges today's large enterprises face in the form of complex litigation and regulatory compliance requirements.
Large enterprises across all verticals are struggling to track and manage data and information throughout the eDiscovery process, and have lacked an integrated, cost-effective and non-disruptive process for the management of electronically stored information (ESI (News - Alert)). In order to comply with changing regulations and litigation trends, cost-conscious organizations are modernizing their IT infrastructures by implementing a transparent, end-to-end in-house eDiscovery platform with Exterro and Recommind. This solution meets the specific needs of legal and IT teams and also provides greater efficiency and less disruption for the organization as whole.
"The strategic partnership between Exterro and Recommind brings together two leading software providers in the legal industry," said Bobby Balachandran, President and CEO of Exterro. "The result is comprehensive legal defensibility in a fully integrated eDiscovery solution that facilitates the workflow between internal and external teams and accelerates the identification, collection and preservation of data." Enterprise customers will be able to utilize the integrated solution to manage the entire EDRM process from end-to-end. Exterro's Fusion solution suite manages legal processes, including the legal hold workflow as well as notice and acknowledgment processes, tracks custodians and data and publishes collection requirements into Recommind's Insite Legal Hold application to search, assess, preserve, collect and process relevant ESI in a seamless, non-disruptive fashion. Exterro's Fusion workflow engine and legal process management suite combined with Recommind's powerful searching, in-place assessment, collection and processing capabilities ensures that litigation holds and eDiscovery processes are thorough and defensible, and the mapping of electronically stored information is done in a hands-free' automatic refresh environment without the need for notifications, manual escalations or extensive interview processes.
"By partnering with Exterro, we now have a broader solution for Fortune 500 companies who want complete coverage with their eDiscovery processes from the perspective of both the CIO and general counsel," said Robert Tennant, CEO of Recommind. "With continuing pressure on organizations to cut costs, an investment in an automated in-house information management system with integrated eDiscovery tools has rapidly proven to reap both cost- and time-saving rewards. By automating a once tedious process, organizations can focus on the needs of their business, while reducing eDiscovery headaches."
About Recommind
Recommind's search-powered Information Risk Management (IRM) platform automatically organizes, accesses, collects and analyzes large volumes of information from myriad sources to address an enterprise's critical e-discovery, compliance, email categorization and knowledge management needs. With faster, more accurate access to and greater control over information, organizations can lower risk, improve productivity, increase the value of information assets, and improve competitiveness and profits. Recommind customers include Bertelsmann, BMW, DLA Piper, Eversheds, Littler Mendelson, Novartis, and Shearman & Sterling. Recommind is headquartered in San Francisco and has offices in New York, Atlanta, Boston, Chicago, Houston, Washington DC, London, and Bonn, Germany. For more information, email [email protected], or go to www.recommind.com.