IMPLEMENTATION TIME OF EMAIL ARCHIVING SOLUTION MOST IMPORTANT TO FINANCIAL PROFESSIONALS

When Selecting Outsourced Email Archiving Vendor,
Financial Advisors Most Concerned About Implementation Time

TORRANCE, Calif. February 1, 2006 – In post-implementation surveys of existing and new clients, LiveOffice Corporation’s (www.liveoffice.com) AdvisorMail (www.advisormail.net) division found three common recommendations that financial advisors would make to fellow advisors looking to deploy an outsourced email and instant message archiving and compliance solution. The firms surveyed, ranging from registered investment advisors to hedge funds, indicated that if they were to recommend an email archiving solution to another firm, they would instruct them to consider the following criteria as most important (listed in order of importance): (1) time to deployment/implementation time, (2) no disruption to normal business activities/workflow and (3) price.

Implementation Time
Financial professionals cited AdvisorMail’s short implementation time as one of the main reasons for selecting the solution. Users report implementation times of between 5 and 7 business days, with a handful of emergency cases where deployment was completed in 1 to 2 business days.

No Disruption to Normal Business Activities or Email Workflow
Those surveyed indicated that the migration of their email to the AdvisorMail system was seamless and undetected by staff and clients until they were notified by office personnel of the changes.

Price
Financial professionals ranked solution cost as the third most important item on their solution checklist. When asked why price was not the most important factor in their decision process, many financial professionals cited their suspicion over the abundance of “cheap” message archiving solutions that they believe may not provide the reliable technology infrastructure required to securely store sensitive email and instant message data. They also indicated that the inability of lower priced solutions to provide advanced search and retrieval capabilities coupled with a lack of message continuity options heavily influenced the final decision.

Hundreds of Audits Completed
In addition, many of those surveyed referenced AdvisorMail’s in-depth understanding of the specific technology and regulatory requirements of the financial services industry as another important factor influencing their ultimate decision. LiveOffice estimates that since 2001, the AdvisorMail solution has helped hundreds of financial advisors, independent broker-dealers and registered representatives meet regulatory recordkeeping requirements and successfully pass hundreds of audits.

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About LiveOffice Corp.
LiveOffice Corporation helps businesses nationwide kick office productivity into overdrive with its suite of Internet-based products. From email and instant message compliance applications to web, audio and video conferencing, LiveOffice makes it easy for organizations of any size to affordably equip their employees with the tools they need to communicate better and make quicker decisions. With LiveOffice’s products, business professionals are just a password away from the most powerful and cost effective web-based productivity solutions available today.

Make Your Office a LiveOffice ™ by calling 800-251-3863 or visiting www.liveoffice.com.