Wedbush Securities Deployed Proofpoint

Proofpoint, Inc. announced that long-time customer Wedbush Securities is now deployed with Proofpoint Enterprise Archive, a SaaS email archiving solution.

Wedbush Securities is using Proofpoint Enterprise Archive to improve IT efficiencies for eDiscovery and compliance, while also protecting all email with built-in Proofpoint DoubleBlind Encryption for a secure SaaS archiving solution. Wedbush Securities has gained approximately a 50 percent efficiency improvement in the email supervision process by using the compliance feature in Proofpoint Enterprise Archive.

"We have been using Proofpoint’s security solutions since 2004, and we needed to find a new archiving solution to better suit our needs. We were impressed with the features and benefits of Proofpoint Enterprise Archive and have been a happy Proofpoint customer for years," said Mattias Tornyi, director of IT at Wedbush Securities. "The archiving solution was up and running in a couple of days and the user interface is extremely intuitive and easy-to-use, making implementation and training completely seamless for IT and Compliance."

For Wedbush Securities’ IT department, there was very little value in managing the email archiving process, and not much availability to devote to it in-house. Proofpoint Enterprise Archive gives the same functionality as an on-premises solution, with the SaaS benefits of quick implementation, performance and a low total cost of ownership.

"Proofpoint Enterprise Archive addresses the challenges that many financial institutions face today with finding a secure, efficient archiving solution for email," said Peter Galvin, chief marketing officer, Proofpoint. "Proofpoint’s archive solution is a cost-effective storage repository with powerful eDiscovery and compliance features that benefit both IT and legal departments. It securely stores encrypted email data in the cloud, while allowing legal and compliance organizations to quickly review or search for relevant email."

Prior to deploying Proofpoint Enterprise Archive, Wedbush Securities was using an on-premises archive solution. The solution was inefficient and very cumbersome to use. After evaluating other SaaS archiving solutions, Wedbush Securities found that Proofpoint Enterprise Archive could create IT efficiencies and solve issues that were critical to the organization for their compliance and eDiscovery needs.