LiveOffice, the number-one provider of software-as-a-service (SaaS) email archiving, email compliance and email continuity solutions and Socialware, the leader in helping companies manage, embrace and leverage public social networks, today announced a partnership. Together the companies will provide LiveOffice users with the ability to pre-review and route social networking activity through their existing compliance workflow within LiveOffice AdvisorMail, while automating social media policy throughout the entire organization. The new offering will integrate Socialware’s policy enforcement, capture, moderation and analytics capabilities for third-party networking sites including Facebook, LinkedIn and Twitter, with the sophisticated archiving and compliance features of AdvisorMail.
“Recent guidance from the Financial Industry Regulatory Authority (FINRA Regulatory Notice 10-06) has made pre-review and archiving of social media content a hot topic at this year’s financial industry events and gatherings,” said Matt Smith, chief operating officer of LiveOffice. “We are excited to be partnering with Socialware to deliver the most comprehensive social media archiving and compliance platform available today to our user base of financial services professionals and organizations across the nation.”
Powered by Socialware’s Compass solution, the new integrated offering for users includes social media archiving, pre-review and policy automation functionality that seamlessly integrates with AdvsiorMail so that financial services firms operate efficiently and in compliance with SEC and FINRA regulations. With these enhanced features, firms can more easily navigate the record-keeping, suitability and supervision challenges associated with social media.
“Social networks are becoming as ubiquitous as email in the world of corporate communications and in doing so have created unique challenges, as companies struggle to adopt a framework for efficient and complaint usage,” said Chad Bockius, CEO of Socialware. “We are excited to partner with a company of LiveOffice’s caliber and bring our combined expertise to customers looking to take advantage of the opportunities that social networking can offer while eliminating the guess work and compliance headaches.”