BASF Corporation Implements Legal Information Governance Solution from PSS Systems
BASF Corporation Using Atlas LCC for In-House E-Discovery Workflow, Including Legal Holds and Collections Management
Mountain View, CA (PRWEB) August 12, 2009
PSS Systems (http://www. pss-systems. com), the leading provider of legal information governance (http://www. pss-systems. com/solutions/legal_hold_retention. html) solutions, today announced that BASF Corporation, the North American subsidiary of BASF SE, which is the world's leading chemical company, has implemented Atlas Litigation Communications and Collections (Atlas LCC) to manage its legal holds (http://www. pss-systems. com/solutions/legal_hold. html) and e-discovery (http://www. pss-systems. com/solutions/legal_hold_costcontrol. html) collections.
"Companies need better systems to reduce legal risk as well as discovery and data management costs," said David Stryker, General Counsel of BASF Corporation. "By implementing Atlas LCC, we've been able to reduce risk and costs while driving a better process for legal holds across the company. As the established standard and with its strong focus on customers, PSS Systems was the clear choice for BASF Corporation."
Corporate legal departments can have hundreds or thousands of legal matters and custodians that require data to be preserved and collected. The typical methods of managing -- spreadsheets and emails to custodians and IT -- are not an effective or efficient means of managing complex legal requirements. The courts have shown the risks of poor processes, and rising data volume and discovery costs have led companies to use business systems to manage legal holds and e-discovery data collection. Atlas enables a better process with less effort and allows corporate counsel to continuously forecast discovery costs; it simplifies compliance for IT and employees to enable defensible disposal to reduce total risk and total cost to the corporation.
"We're delighted that BASF Corporation selected Atlas as their legal holds and discovery workflow system. They join the industry leaders in petrochemical, pharmaceutical, financial services and other industries who recognize that Atlas is the best solution for corporate e-discovery workflow challenges," said Deidre Paknad, President and CEO of PSS Systems. "Atlas enables the legal team to reduce the complexity of multiple holds and over-lapping custodians and collections while also providing the IT department with an efficient solution for managing holds and collections across hundreds or thousands of assets and employees. As a result, our customers better coordinate across legal and IT to eliminate unnecessary legal risk, discovery and data management costs."
Atlas is the gold standard for legal information governance proven by more than 210,000 active holds under management involving more than 15 million custodians and petabytes of data collected, 100,000 retention schedules globally and end users in over 100 countries. Used by leading Global 1000 companies, including 5 of the Fortune 10 and 5 of the global 10 as well as the 5 largest oil, pharmaceutical, financial services, manufacturing, and healthcare companies, Atlas is the trusted solution for world-class companies. The Atlas Suite is the only end-to-end solution for corporate legal, IT, records and business users designed and built on a single, cohesive governance platform.
About PSS Systems:
PSS Systems helps companies eliminate unnecessary legal risk, and discovery and data management costs. Its Atlas suite is the recognized leader in legal information governance with customers like Abbott, Amgen, BASF, BP, Citigroup, ConocoPhillips, First Data, GE, Merrill Lynch, Pfizer, Travelers and Williams. PSS is the innovator that started the legal holds market in 2004 and has the largest concentration of customers and domain experts anywhere. PSS is a trusted business partner to its customers, offering expert insight, best-in-class software, and continuous innovation to address emerging challenges. PSS founded and sponsors the Compliance, Governance and Oversight Council (CGOC) as a part of its commitment to advancing corporate retention and preservation practices. The company is based in Mountain View, California. For more information, visit www. pss-systems. com.
Leyl Master Black
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