Cranford, NJ ─ August 23, 2011 – Paragon Solutions, an advisory consulting and systems integration firm, recently won a strategic records management engagement for a large insurance firm to assess their current environment and design an enterprise records management program that would ensure legal and regulatory compliance.
The insurance firm, with over 2 million members across multiple states, engaged Paragon to implement their Information Analytics and Remediation solution (IARs) to gain insight into unmanaged file content and reduce overall risk by analyzing and remediating content to an archive for ongoing retention management or destruction. With the help of IARs, the firm now has the capability to better manage records, reduce their exposure from the maintenance of unnecessary documents, reduce costs of litigation and records management and put together a policy that is actionable.
“Paragon will apply its methodologies and capabilities in Information Analytics to help the client assess, analyze and build a strategy based on the technologies and processes that best fit their needs and goals. Additionally, Paragon’s expertise in records management and the comparison of technologies available will give the client the approach they require,” said Scott McVeigh, associate director for Paragon’s information governance and compliance practice.
Information Analytics and Remediation (IARs) provides for the systematic analysis and categorization of unstructured information based upon inputs from corporate policies, records management, legal and best practice to enable organizations to understand information value, evaluate risk, and ensure compliance.
In mid-September IARs will be the subject of an event series in New York, New Jersey and Chicago, Illinois. Please visit www.consultparagon.com/events for dates, locations and other information regarding the events.
About Paragon Solutions
Paragon Solutions is an advisory consulting and systems integration firm that specializes in enterprise information management to help clients leverage information assets for better business results. The company does this through its industry practices, solution accelerators and specialized technology competencies that help clients achieve operational efficiency, business scalability and regulatory compliance.
Paragon works with businesses that are focused in a few key industries ─ communications, financial services, healthcare, insurance and life sciences. The industry-focused practices work with Paragon’s competency groups to address today’s client concerns in Process Optimization, Information Management and Information Integration.
For more information, please visit the Paragon Web site at www.consultparagon.com, or call 1.800.462.5582.