Hitec's DataStoreDSX Delivers Integrated Report Mining & Archiving

Online, April 12, 2012 (Newswire.com) - Hitec Laboratories, a leading developer of Enterprise Document, Content, and Risk & Compliance Management solutions to the Banking & Financial Services market announces the release of the DataStoreDSX Output Manager.

DataStoreDSX Output Manager, which utilises the latest Microsoft technologies, is designed to not only securely archive Financial Reports, SWIFT Messages and Statements for Customer Service and Regulatory/Audit purposes, but also to provide the ability to query and automatically extract transactional information contained within them, thereby unlocking valuable corporate information.

Every day Banks and Financial Services organisations rely on the huge range of Reports generated to undertake Investigations, complete Reconciliation tasks or respond to Audit and Compliance enquiries. Whilst traditional archiving solutions have been available for many years, DataStoreDSX Output Manager is the only solution to offer sophisticated integrated Report Mining.

"DataStoreDSX Output Manager plugs a huge gap in the market, enabling Customers to securely archive Reports whilst also being able to query and extract transactional information for further analysis, reformatting and automated creation of spreadsheets for example" said Jeremy Crame, CEO, Hitec.

"Not only are we seeing demand from Customers requiring the additional advanced functionality, but also from Customers using legacy systems such as StorQM or Misys ORF. We have already completed several automated backfile conversion projects which have resulted in a far simpler solution for the Customer to use, and greatly reduced storage requirements as a result of improved compression capability" Crame continued.

DataStoreDSX Output Manager is an integrated component of the DataStoreDSX Enterprise Content Management (ECM) suite, which brings together all forms of enterprise content - such as scanned documents, spreadsheets, print streams, emails and word documents into a single secure repository, enabling users to gain a single view of a Customer, irrespective of the source or format of the information.

Read more about Report Mining & Archiving (http://www.hiteclabs.com/dsxreportmining)

About DataStoreDSX

DataStoreDSX is a comprehensive Enterprise Content and Document Management (ECM/EDM) platform that delivers end-to-end control of all content across an organisation- regardless of its original form. With many organisations struggling with content chaos, DataStoreDSX captures documents, text files, images, word documents, emails, print streams and spreadsheet content into a single, secure repository. This instantly makes documents manageable and significantly improves accessibility, retrieval and compliance. DataStoreDSX consists of a range of modules that can either be implemented as an integrated solution or as a point solution to address specific business challenges.
Find out more http://www.hiteclabs.com/dsx

About Hitec

For 20 years Hitec has been helping Customers in the Financial, Public and Private sectors to address some of their most pressing business and operational challenges. Hitec develops, customises and delivers solutions that help organisations of all sizes to reduce cost, improve efficiency, reduce risk and protect their reputations. Solutions span Enterprise Content, Document Management and Risk and Compliance Management. Hitec helps companies enhance their business effectiveness and drive the organisational efficiencies they need in this highly competitive and tough economic environment. Hitec creates close and long-lasting customer relationships which start with building a deep understanding of the client's business, followed by an implementation process that ensures tight and seamless integration with existing systems. In addition to regional offices, Hitec have appointed a global network of authorised and fully trained Business Partners, who market, implement and support solutions around the world.

For more information contact Hitec on 01628 600900, email: [email protected] or visit www.hiteclabs.com

For Press related enquiries please contact:
Ami Knox-Hall on [email protected]