Changes to the U.S. Federal Rules of Civil Procedure (FRCP), which became effective Dec. 1, 2006, were not welcomed by financial services firms. The rules, among other things, require companies to have enterprisewide retention policies in place for all electronic communications. But in an important corner of the information technology business--e-mail archiving solutions--the changes have created a giant opportunity for vendors.
The updated FRCP, now one year old, is driving new, innovative e-archiving systems and spawning a second generation of products that are rapidly gaining market share.
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