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Documentum Gets Into Compliance

Documentum next week will launch a Web-based Compliance Manager, its first product since being acquired by EMC Corp. (NYSE: EMC).

Compliance Manager will be a big part of EMC's information lifecycle management (ILM) strategy. Such products are key to the strategy and a big requirement for enterprise content management (ECM).

Compliance Manager is designed to help companies manage and audit information in accord with new federal regulations such as Sarbanes-Oxley, HIPAA, and others from agencies including the Securities and Exchange Commission and Food and Drug Administration. These regulations often call for storing records for a minimum amount of time -- sometimes 30 years or longer -- and making them available for speedy audits.

Even before EMC bought Documentum for $1.7 billion last fall, Documentums ECM software was integrated with EMC’s Centera Content Addressed Storage (CAS) product (see EMC Swings Into Software Big Leagues). Given Centera’s position as a leading hardware platform for compliance, it only makes sense for Documentum to beef up its own compliance features in order to get in sync with its parent company's sofware (see IBM's Compliance in a Cabinet).

Yet, EMC wasn’t the only driving force. Bob Markham, senior industry analyst at Forrester Research Inc., points out that ECM has been headed in that direction anyway. Documentum rivals FileNet Corp. USA and Interwoven Inc. already have compliance products. So Documentum’s compliance app is driven as much by ECM as by EMC.

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