Watershed deal extends ZL’s leadership in the financial services industry
MILPITAS, Calif., May 01, 2018 (GLOBE NEWSWIRE) -- ZL Technologies, Inc. (ZL), a leader in information governance for large enterprises, today announced that a leading global bank has selected ZL as its information management solutions provider.
The services to be provided to the client include:
- A full suite of information management services, including archiving, eDiscovery and compliance services for over 100,000 employees
- A petabyte-scale migration totaling several billion documents
A key requirement in the buying decision was expertise in migrating large datasets. ZL’s migration service attains a success rate of 99.95% or higher in a field where yields typically may hover around 95%. In addition, ZL’s scalable architecture regularly handles billions of documents, providing enterprise data management, eDiscovery and regulatory compliance within a centralized platform to several of the world’s leading banks.
“Due to increasing regulatory demands such as GDPR, recent years have seen a significant shift in the way the largest companies approach information management,” said Kon Leong, CEO of ZL Technologies. “Our newest account is a vanguard in the world of financial services. Their alignment with ZL Technologies reflects a widespread movement away from traditional, siloed systems toward unified information governance.”
Please click here to learn more about ZL Technologies’ information management solutions for the financial services industry.
About ZL Technologies, Inc.
ZL Technologies’ centralized information governance platform enables organizations to manage all enterprise content and satisfy corporate needs for data privacy, file analytics, eDiscovery, records management, and FINRA and GDPR compliance. ZL UA's unique differentiator is its unified architecture which consolidates all applications and billions of documents under one platform, thus eliminating today's fractured data silos which significantly raise operating costs and increase legal risk. With a proven track record of serving Global 500 customers that spans two decades, ZL Tech has emerged as a technology leader in harnessing big data for strategic advantage. For more information, please visit www.zlti.com
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