Hitec Archive News 2006

 

Hitec release important Case Study

21/11/06

Hitec have today released an important Case Study detailing a very large and successful implementation of DataStore®32 at Societe Generale Corporate & Investment Banking (SGCIB) n New York – involving up to 700 Users nationwide; 40,000 searches per month; and more than one billion pages on-line.

“I am delighted that we have been able to further develop our relationship with SGCIB” commented Jeremy Crame, Hitec CEO. “The publication of this Case Study is also timely” Crame continued. “New European legislation in the Banking environment (MiFID), which will become effective in November ’07, requires all Banks to retain details of all transactions for a minimum period of 5 years (currently 3). This Case Study clearly demonstrates of our capability in this area”.

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