Energy and Utility organizations must comply with regulatory record retention and eDiscovery requirements. DataParser automatically brings regulated records into email archives and compliance repositories while maintaining compliance metadata and chain of custody.
Since 2001, DataParser has helped energy and utility firms quickly and easily maintain compliance with electronic messaging regulations. DataParser was designed to help facilitate regulatory compliance by using an organization’s current infrastructure by extending an existing email archive to capture various content types and communications channels, including social media, chat/instant messaging (IM), mobile/text data, cloud-based files and collaboration platforms like Slack, Teams, and Zoom. Once messages and content from these platforms are ingested into an organization’s archive, they can be retained according to retention rules, archived for compliance and searched for and produced during electronic discovery proceedings.
Regulated energy and utility services companies are required by law to retain, archive, and produce certain business data and electronic communications. Regulations from the Department of Energy (DOE), The Federal Energy Regulatory Commission (FERC), Commodity Futures Trade Commission (CFTC), and The North American Electric Reliability (NERC) lay out specific mandates around electronic communications that must be retained, including those taking place over social media, mobile devices, and messaging platforms. Failure to comply with these rules can lead to fines and has resulted in enforcement cases where energy companies were penalized for failure to adhere to regulatory record compliance rules.
How do you retain and supervise communications in order to meet compliance regulations? Most messaging compliance solutions require sending your workforce’s critical, sensitive communications to a third-party data store. Moreover, these services require recurring monthly fees for the maintenance of a second archive, in addition to your existing email archive. DataParser helps Energy and Utility companies quickly and easily gain compliance with messaging regulations by leveraging existing infrastructures and configuring DataParser to automatically collect data and deliver it to the existing archive or storage repository.
