STS Group is now using iBOLT business integration technology from Magic Software.to enhance its legal retention solutions.  

 

STS Group offers solutions that ensure the compliance of legal records including documents and digital objects with legal retention requirements of the European Union (EU). Solutions from STS encompass the entire gamut of European statutory provisions established during the past six years.

 

The demand for solutions that can associate records retention with business processes and applications has grown. In order to meet this demand effectively, STS Group has enhanced its legal retention solution by embedding Magic Software's iBOLT business integration technology into it.

 

With this enhancement, the solution is able to perform orchestration, process monitoring and exception handling more effectively and has also become more scalable. In fact, i-BP, the IT subsidiary of Banque Populaire, a French banking network, has already deployed STS Group’s enhanced legal records retention solution.

 

"In such a project, which had to provide a major financial institution with a company-wide legal archive in compliance with all regulations, Magic Software's technology has been a major asset," said Thierry Blanc, head of marketing at STS Group, in a statement.  "We were able to understand and embed it in our solution in a very short time, proving how agile and adaptable it actually is."

 

"We are very proud to partner with a truly European vendor such as STS Group," said Avigdor Luttinger, vice president of corporate strategy at Magic Software Enterprises, in a statement. "We see a strong traction in Europe with vertically focused vendors, who take advantage of our technology to strengthen their leadership in their respective markets. By addressing EU regulations in combination with records retention, STS Group demonstrates how to take advantage of a pan-European solution."

 

More than 250 companies across Europe have deployed STS Group’s digital electronic archiving and records retention solutions. STS delivers its solutions either on premise or in an ASP mode (archiving outsourced over the Internet).

 

Through its worldwide network of independent software vendors (ISVs), system integrators, value-added distributors and resellers, and original equipment manufacturer (OEM) partners, Magic Software Enterprises Ltd. Delivers business integration, application development and deployment tools.