HPE Information Governance Solutions for Financial Services



An IT Director of a large enterprise banking company is very likely to recommend* HPE Information Governance solution for the following reason:

“I would recommend HPE Information Governance because of the technology they provide and their knowledge and willingness to work with us. Very efficient.”

*Based on a response of 10 to the question “On a scale of 0-10, how likely would you be to recommend HPE Information Governance solution?”

An IT Specialist of a Global 500 insurance company is very likely to recommend* HPE Information Governance solution for the following reason:

“I am very satisfied with the HPE products we use.”

*Based on a response of 10 to the question “On a scale of 0-10, how likely would you be to recommend HPE Information Governance solution?”

With HPE Records Management solution we are now compliant and ready for any regulatory regulations which may come; we have flexible solutions which allows us to adapt to any regulatory changes. Also, we have centralized our RIM process and are able to protect the bank’s reputation by being able to assess and understand our large volume of data.

IT Director, Large Enterprise Banking Company

HPE’s Software Information Governance solution has managed to provide visibility to the access and management of our information. Productivity has improved as we have standardized a lot of the manual process through the system.

Alain Boey, Senior Vice President, Bank Simpanan Nasional, Malaysia

4/5 Stars

How our organization uses HPE Software Information Governance Solutions.

We use it for surveillance of communications from regulated access users.

Would you recommend HPE Software Information Governance Solutions?

Yes, I am very satisfied with the product.

HPE’s Connected Backup software is useful software as our staff can restore their data in case of the laptop damage.

Senior IT Manager, Medium Enterprise Professional Services Company

HPE’s Digital Safe and Supervision have greatly improved our need to comply with regulatory requirements and adjust them as needed. End-user adoption rate has significantly improved.

Chief Technology Officer, Non Profit

HPE archiving and information governance solutions expand our scalability, improve performance, and reduce costs.

Chief Information Officer, Large Enterprise Financial Services Company

4/5 Stars

How our organization uses HPE Software Information Governance Solutions.

We are using Connected backup software and iLO.

Would you recommend HPE Software Information Governance Solutions?

As mentioned, HPE solutions are innovative.

HPE Information Governance solution Customer Review

4/5 Stars

How our organization uses HPE Software Information Governance Solutions.

We use HPE Information Governance Solutions to broker dealer regulatory compliance and soon to be contract management.

Would you recommend HPE Software Information Governance Solutions?

Yes, we would recommend HPE Information Governance Solutions due to excellent support and uptime.

Priorities for Information Governance projects

Which of the following Information Governance projects is your organization planning to do within the next 12 months?

Information Archiving
50%
eDiscovery
29%
Enterprise Content Management
29%
Unstructured Data Management
50%
Structured Data Management
29%
Data consolidation and cleanup
29%
Big Data analytics
21%

Most valuable capabilities of HPE Information Governance solutions

Which of the following capabilities in HPE Software’s Information Governance products /solutions do you find most valuable?

Deep financial services domain experience and expertise
36%
Massive scalability
43%
Security in the world’s largest, private cloud
14%
Conceptual and contextual analytics
29%
User friendly interfaces
57%
End-to-end information governance framework (archiving, eDiscovery, etc.)
36%
Connector framework to capture most enterprise information
21%
Access, understand, and analyze human information
29%
Other
7%

Benefits of using HPE Information Governance solutions

Which of the following Information Governance results, benefits, and improvements have you achieved using HPE’s solutions?

Reduced operational and legal costs
23%
Expanded scalability to support skyrocketing information growth
23%
Increased performance
38%
Improved end user experience through efficient and transparent access to information
54%
Improved litigation readiness
31%
Quickly respond to internal or regulatory requests
38%
Mitigate risk of penalties or sanctions
23%

Email is the most common information type managed for governance by FSIs

What information types is your organization managing with HPE Software’s Information Governance products/solutions?

Email
94%
Files
44%
Social media
44%
Structured data/databases
13%
IM/text
56%
Voice
6%

Benefits of using HPE Information Governance solutions

Which of the following Information Governance results, benefits, and improvements have you achieved using HPE’s solutions?

Reduced operational and legal costs
23%
Expanded scalability to support skyrocketing information growth
23%
Increased performance
38%
Improved end user experience through efficient and transparent access to information
54%
Improved litigation readiness
31%
Quickly respond to internal or regulatory requests
38%
Mitigate risk of penalties or sanctions
23%

The benefits of using HPE Information Governance solutions

What percentage (%) have you improved the following with HPE Software’s Information Governance solutions?

Greater than 50% 26-50% 11-25% 1-10%

Responsiveness to Investigations
Responsiveness to eDiscovery
Reduction in Opernl. costs
Reduction in Legal costs

Holistic information governance strategy for FSI key to avoid regulatory consequences

Which of the following statements related to information governance as it related to the Financial Services Industry do you agree with?

With escalating regulations and expanding data volumes it is imperative to implement a holistic information governance strategy to maintain compliance and avoid financial and regulatory consequences
77%
Without insightful intelligence about your information it is difficult to derive value from your most important asset in order to make business decisions and respond to investigations in a timely manner.
38%
Many organizations are still relying on legacy information governance solutions which were not designed to handle today’s volume and diversity of information including IM, social media, and voice
69%

Case Study: Medium Enterprise Professional Services Company

Introduction

This case study of a medium enterprise professional services company is based on a May 2015 survey of HP Information Governance solution customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

“HPE’s Connected backup software is useful software as our staff can restore their data in case of the laptop damage.”

Challenges

  • Addressed the following challenges by using HPE Information Governance solutions (formerly Autonomy):
    • The lack of visibility and access to all business information
    • The limited ability to classify business information from non-business information that can be defensibly disposed
  • Agrees with the following statements related to information governance as it related to the Financial Service Industry:
    • Without insightful intelligence about their information it is difficult to derive value from their most important asset in order to make business decisions and respond to investigations in a timely manner.

Use Case

  • Plans on doing the following Information Governance projects within the next 12 months:
    • Information Archiving project
    • Enterprise Content Management project
  • Presently use the following HPE Software products and solutions for information governance:
    • HPE Digital Safe for secure, private hosted archiving
    • HPE Structured Data Manager for structured data archiving and application retirement
    • HPE ControlPoint to identify, access, clean up, and control data across the enterprise
  • Manages the following types of information with HPE Software’s Information Governance products and solutions:
    • Email
    • Files

Results

  • Find the following HPE Software Information Governance products and solutions the most valuable:
    • Deep financial services domain experience and expertise
    • User friendly interfaces
    • Access, understand, and analyze human information
  • Achieved the following Information Governance results, benefits, and improvements using HPE’s solutions:
    • Reduced operational and legal costs
    • Improved end user experience through efficient and transparent access to information
  • Improved the following with HPE Software’s Information Governance solutions:
    • Responsiveness to investigations: 26-50%
    • Responsiveness to eDiscovery: 26-50%
    • Reduction in operational costs: 26-50%
    • Reduction in legal costs: 26-50%

Case Study: Large Enterprise Banking Company

Introduction

This case study of a large enterprise banking company is based on a April 2015 survey of HP Information Governance solution customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

“With HPE Records Management solution we are now compliant and ready for any regulatory requests that may come; we have flexible solutions that allow us to adapt to any regulatory changes. Also we have centralized our RIM process and are able to protect the Banks reputation by being able to assess and understand our large volume of data.”

Challenges

  • Addressed the following challenges by using HPE Information Governance solutions (formerly Autonomy):
    • The difficulty of retaining large volumes of books and records information in a compliant manner
    • The inability to respond to regulatory requests in a timely manner
    • The challenge of reconstructing events with intelligence and context
    • The inability to proactively identify, access, and manage significant annual data growth with confidence.
    • The limited ability to classify business information from non-business information that can be defensibly disposed
  • Agrees with the following statements related to information governance as it related to the Financial Service Industry:
    • With escalating regulations and expanding data volumes it is imperative to implement a holistic information governance strategy to maintain compliance and avoid financial and regulatory consequences
    • Many organizations are still relying on legacy information governance solutions which were not designed to handle today’s volume and diversity of information including IM, social media, and voice

Use Case

  • Plans on doing the following Information Governance projects within the next 12 months:
    • Information Archiving project
    • Unstructured Data Management project
    • Structured Data Management project
    • Big Data analytics project
  • Presently use the following HPE Software products and solutions for information governance:
    • HPE Structured Data Manager for structured data archiving and application retirement
    • HPE Records Manager for scalable electronic document and records management
    • HPE ControlPoint to identify, access, clean up, and control data across the enterprise
    • TRIM, IDOL
  • Manages the following types of information with HPE Software’s Information Governance products and solutions:
    • Email
    • Files
    • Structured data/databases
    • IM/text
    • Voice

Results

  • Find the following HPE Software Information Governance products and solutions the most valuable:
    • Deep financial services domain experience and expertise
    • Massive scalability
    • Security in the world’s largest, private cloud
    • Conceptual and contextual analytics
    • User friendly interfaces
    • End-to-end information governance framework (archiving, eDiscovery, etc.)
    • Connector framework to capture most enterprise information
    • Access, understand, and analyze human information
  • Achieved the following Information Governance results, benefits, and improvements using HPE’s solutions:
    • Reduced operational and legal costs
    • Expanded scalability to support skyrocketing information growth
    • Increased performance
    • Improved end user experience through efficient and transparent access to information
    • Improved litigation readiness
    • Decreased the time it takes to respond to internal or regulatory requests
    • Mitigated risk of penalties or sanctions
  • Improved the following with HPE Software’s Information Governance solutions:
    • Responsiveness to investigations: > 50%
    • Reduction in operational costs: > 50%
    • Reduction in legal costs: > 50%