WebEx Builds Compliance into Web Conferencing
The provider of online meetings launched the WebEx Retention Solution, an add-on service targeted to financial service companies wanting to record and archive meeting sessions.Compliance issues are moving beyond e-mail as providers of other collaboration technologies begin to address the growing need for companies to store and track online communication. This week, Web conferencing was the latest to join the compliance fray. WebEx Communications Inc. on Wednesday launched a new option for its online meeting applications that allows companies to automatically store and transfer saved conferencing sessions in archiving systems. Called the WebEx Retention Solution, the service is targeted to financial services companies, which are facing a range of requirements to save electronic communications from the Securities and Exchange Commission and laws such as Sarbanes-Oxley, said Doug Louie, senior industry manager for financial services at WebEx.
"We recognized that [compliance] will become an increasing burden for these companies," Louie said.