SOURCE: LiveOffice

December 19, 2007 15:44 ET

LiveOffice AdvisorMail Helps FINRA-Registered Firms Meet New Supervision Guidelines

AdvisorMail Users Ahead of Curve With Supervision of Electronic Communications

TORRANCE, CA--(Marketwire - December 19, 2007) - LiveOffice AdvisorMail, a leading provider of hosted messaging, archiving, security and compliance solutions in the financial services industry, today announced that its email archiving solution is already helping independent broker-dealers meet recently issued guidance from the Financial Industry Regulatory Authority (FINRA) on the proper review and supervision of electronic communications (Regulatory Notice 07-59).

"Since 2001 we have provided financial services organizations with the tools they need to meet and exceed the regulatory requirements surrounding electronic communications," said Matt Smith, president of LiveOffice. "Working hand in hand with the nation's leading broker-dealers has provided us with a thorough understanding of the complexities they face in managing electronic communications. Organizations trust AdvisorMail because it keeps them a step ahead of stringent government regulations, streamlines compliance department workflow and helps maintain compliance with internal policies."

With deployments in 65% of the nation's top independent broker-dealers, the AdvisorMail solution offers a variety of tools to help firms ensure proper supervision of emails, attachments and instant messages, while also significantly reducing administrative oversight time. Many FINRA-registered firms have already made AdvisorMail an important part of their best practices for managing electronic communications, taking advantage of robust features that include:

--  Message capture: AdvisorMail captures and archives all interoffice and
    external emails, attachments and instant messages in a single, tamper-proof
    repository that is easily searchable. The system is also able to capture
    and store messages sent via wireless mobile devices, such as BlackBerry and
    Palm handhelds.
--  Lexicon-based review and random sampling: Developed in conjunction
    with the nation's leading compliance consultants, AdvisorMail provides a
    pre-populated lexicon of words and phrases specific to the financial
    services industry. All messages and attachments are scanned by the system
    in pre- or post-review mode, and any suspect messages are immediately
    flagged for further review. In addition, random sampling capabilities and
    false-positive settings are fully customizable, allowing administrators to
    set parameters that meet their firms' policies.
--  Management reports: AdvisorMail's detailed reporting capabilities
    provide snapshot views of message volumes in the archive, auditor activity
    (including login activity) and email activity. These convenient reports
    enable the corporate office to stay current with auditor activities in
    branch offices. They also facilitate more efficient auditor workflow,
    making it simple to route problematic emails to the proper reviewer.

About AdvisorMail:

LiveOffice AdvisorMail provides industry-leading email archiving, instant message archiving, anti-spam, antivirus, compliance and e-discovery solutions to financial services firms of all sizes. These services ensure the integrity of electronic communications, simplify the discovery process and help companies protect themselves against the risk and expense of lost or misplaced messages. LiveOffice also helps organizations comply with statutory, regulatory (SEC, FINRA), legal and industry-specific mandates.

Founded in 1998, the company serves a premier roster of clients, including Fortune 100 companies, processes and protects millions of messages each day, and has a customer-retention rate of more than 99%. For more information, call 1.800.251.3863 or visit

Contact Information

  • Contact:
    Amy Dugdale
    800-251-3863, ext. 148
    Email Contact