Toronto, Canada, April 08, 2008 --(PR.com
)-- Fortiva Inc, a leading provider of on-demand email archiving, today announced that National Financial Partners (NFP) has selected the Fortiva Archiving Suite™ to manage their archiving requirements for their over 180 owned firms in 41 states and Puerto Rico. NFP chose Fortiva to replace a leading in-house solution, in order to better address their rapid growth, e-discovery and compliance requirements. The firm reports an expected email related cost savings of approximately 20 percent annually, in addition to significantly improved email reliability, storage management and archive search times compared to the previous system implemented.
As a rapidly expanding organization, NFP has a very high rate of email traffic growth and a large store of archived data. As a result, the firm needed to add large amounts of data to the archive without experiencing performance degradation issues. They also needed to ensure the archive was fully searchable for legal and regulatory reasons.
“Everyday, there is the potential for new acquisitions, and we need to be prepared to bring on hundreds of new users with little or no notice. The in-house archive we were running simply couldn’t keep up – it was causing us some serious performance issues, and the backup costs were continuing to escalate,” said Stuart Tainsky, SVP of Technology at NFP. “With Fortiva, we can eliminate the physical limitations to growth, giving us the ultimate flexibility to expand as needed without compromising on email performance.”
Fortiva’s on-demand solution also addresses NFP’s storage issues, allowing them to replace attachments – which represent up to 80 percent of their Exchange store – with links to the archive. At the same time, Fortiva’s real-time search from a browser interface allows their legal team to easily conduct early case assessment, and perform a e-discovery search directly, with limited IT involvement.
“The search performance with Fortiva is so much better than the in-house archive, it’s not even comparable,” said Tainsky. “We went from six to eight hours for a single search with our old solution to under 10 seconds with Fortiva.”
The Fortiva Archiving Suite has delivered value to NFP in several ways, including:
Unlimited Scalability - Fortiva was built on a grid infrastructure to scale on-demand without impacting archiving or search performance.
Improved Email Storage Management – By removing attachments from the Exchange server and replacing them with pointers to the archive, NFP can reduce the demand on Exchange by as much as 80 percent.
Faster, More Reliable e-Discovery Search – Fortiva’s real-time search from a browser interface allows NFP’s legal team to easily conduct early case assessment and perform a large e-discovery search directly, with limited IT involvement.
Self-Service Search of Archived Data – NFP employees can seamlessly access archived data, allowing them to find lost or deleted email without the help of IT.
“Like many of our customers, NFP experienced first-hand the challenges and limitations of managing a large and constantly growing email archive in-house – and they came to the conclusion that it simply didn’t make sense to manage the archive themselves,” said Eric Goodwin, CEO, Fortiva. “As a SaaS solution, Fortiva offers NFP a level of scalability and search performance that they couldn’t achieve on their own, while relieving their resources to focus on strategic IT initiatives.”
About National Financial Partners Corp.
Founded in 1998, NFP is a leading independent distributor of financial services products to high net worth individuals and entrepreneurial companies. NFP is headquartered in New York and operates a distribution network of over 180 firms. For more information, please visit www.nfp.com.
Fortiva is the leading provider of on-demand email archiving solutions for Microsoft Exchange providing storage reduction, legal discovery and regulatory compliance. With a global data center presence, Fortiva delivers its enterprise-grade solutions through a strong network of strategic partnerships, including Bell Canada, Mercury Technologies, MessageLabs, and Microsoft Online Services. Fortiva is a privately-owned company, with investment from Cargill Ventures, Ventures West and McLean Watson Capital. For more information, visit www.fortiva.com.