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Object-based Storage Software Provider Storiant Receives SEC Rule 17a-4(f) Compliance Certification
BOSTON, MA – August 13, 2014 – /BackupReview.info/ – Storiant, the leading provider of cold storage software for private clouds and big data analytics, today announced that its software fully meets the requirements of the Securities and Exchange Commission’s (SEC) Rule 17a-4(f) governing long-term data retention. The certification marks the first time financial services companies can adhere to regulatory requirements with a secure private cloud that matches pubic cloud economics (less than $.01/GB/month).
Storiant received the certification from Cohasset Associates Inc., an independent, third-party auditor that detailed the system’s requirements, assessment, capabilities and considerations that meet SEC regulatory compliance. Cohasset’s complete compliance assessment report on Storiant is available here.
“Too many financial companies have had to live with expensive and isolated storage options to comply with SEC regulations,” said Jeff Flowers, CEO and co-founder of Storiant. “Now, with software that makes it possible to comply with regulations in a private cloud – at public cloud prices – these companies can finally take advantage of a new generation of economical, scalable and secure storage. The advantages of a private cloud are no longer out of reach.”
Storiant software is an object-based storage management solution for exabyte-scale data. According to Cohasset, “it operates independently from client applications and has intrinsic integrated controls that prevent content from being prematurely overwritten, deleted or altered.”
Cohasset certified that Storiant software meets the requirements of:
In addition to SEC 17a-4(f) compliance, Storiant also offers the following benefits:
For more information please visit: www.storiant.com
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