Press Release Summary = Langley, Berkshire, UK January 15th 2007 - Following the completion of two large legacy system conversion projects - with a Bank in New York and another in the Channel Islands - Hitec has announced the general availability of special utilities for StorQM®, StorQM+® & FileNet® system conversion capabilities.
Press Release Body = Langley, Berkshire, UK January 15th 2007 - Following the completion of two large legacy system conversion projects - with a Bank in New York and another in the Channel Islands - Hitec has announced the general availability of special utilities for StorQM®, StorQM+® & FileNet® system conversion capabilities.
"The most recent conversion at SGCIB New York, included many millions of report pages and a User community of 700" commented Hitec CEO Jeremy Crame. "As a result of the success, the project is now rolling out through Asia and Europe".
Native Report files from StorQM were converted to ASCii prior to being ingested into Hitec's DataStore®32 Enterprise Report & Document Archiving solution at the rate of over 2m pages per hour. The conversion process was totally automated.
At Standard Chartered (Jersey) Limited, the main requirement was to replace an ageing legacy FileNet system that contained "in excess of 10 million" (comprising of both COLD and image) documents. The documents were exported and re-indexed into DataStore®32 in a short space of time, again using an automated process.
"Hitec was selected because of our deep understanding of these legacy conversion processes, our commitment to the regulatory archiving market going forward, reduced storage requirements and the speed and automation of the conversion process" continued Crame.
As a result of the improved compression capabilities within DataStore®32, storage requirements were reduced by up to 50% when compared against the legacy systems.
DataStore®32 is a market leader in the field of regulatory-compliant enterprise report and document archiving and distribution solutions.
About Hitec Laboratories
Hitec specialises in the development, implementation and support of enterprise-wide Risk, Performance, Compliance and Electronic Document Management solutions. Headquartered in the UK, with offices in Boston, Chicago and shortly, Hong Kong, Hitec has also built a worldwide network of certified Business Partners. Solutions have been implemented in over 500 installations worldwide.
Web Site = http://www.hiteclabs.com
Contact Details = Jeremy Crame,CEO +44 (0)1753 583000 jeremy.crame@hiteclabs.com
2012
