Chris Grossman Vice President Enterprise Applications Group Rand Worldwide

Rand Worldwide (OTCBB: RWWI), a global leader in providing technology solutions to organizations with engineering design and information technology requirements, announced that their Rand Secure Archive division has implemented their proprietary hosted archiving and retrieval solution for Ampersand Capital Partners.

“As a private equity firm, Ampersand has to deal with a constantly evolving regulatory environment, including reporting requirements by the SEC, the impact of Sarbanes-Oxley and the Dodd-Frank Act,” says Rick Charpie, Ampersand’s founder. “To address those requirements we followed the advice that we always give to the CEOs we mentor – to select the best partners possible. That’s why we chose Rand Secure Archive, a partner who shares our commitment to success by delivering world-class technology and service.”

“In the financial services industry, it’s critical that electronic information and communication is both archived and easily retrievable – regardless of the file type or medium,” says Chris Grossman, vice president, Enterprise Applications at Rand Worldwide. “Our robust, hosted solution not only meets the legal requirements, but also offers robust functionality with simplicity and security.”

Key functional requirements for financial services organizations safeguarding their data include:  

• Preserve every electronic business record and store them securely.
• Find and produce electronic communications quickly, and be prepared for SEC and other regulatory examinations or requests with on-demand data production for investment advisor compliance.
• Enables the creation and enforcement of retention policies while maintaining a full audit trail to ensure compliance with these policies.
• Offload the cost and operational burden of managing complex and disparate email and messaging platforms.

Compared to competitors, Rand Secure Archive provides faster, more advanced search capability and integrated eDiscovery tools, as well as more convenient user access to archived data.

Rand Secure Archive, a division of Rand Worldwide, offers North America’s first and only Autonomy powered data archive, compliance and discovery technology for small to mid-sized organizations. For more than 20 years Rand Worldwide has been delivering technology solutions to customers. For the last 15 years the company successfully implemented and supported Zantaz enterprise email archiving solutions. Companies relying on CAD for their design engineering needs, IT, engineering, architectural, healthcare, legal and other organizations work with Rand Secure Archive to implement world-class data archiving and management solutions.