Do you remember the days of X-rays when a GP would hide behind a screen and a huge puff of smoke would erupt from some weird-looking industrial type camera. Bygone days when surgeons operated with precious little knowledge about the patient’s condition. Risky business!
Today surgeons make use of sophisticated MRI’s, endoscopes and the like to perform key-hole surgery. Not only do they pinpoint the exact cause of the ailment before they operate, but the corrective procedures are conducted in a fraction of the time.
I use this MRI analogy for the work we are doing at Catelas. As I mentioned in my Gaping Hole in the EDRM post a week ago, what we do is provide Early Case Intelligence about a matter before the ‘operation’ of collection, processing and review takes place. Like a surgeon today, who would NOT conduct an MRI before operating on the patient?
Likewise, in the area of Compliance, specifically for Financial Services, we provide comprehensive surveillance of Information Barriers and Watch Lists. Because we can monitor an entire company’s communications patterns pro-actively, the company is leaving nothing to chance.
And just like a surgeon who knows how to read an MRI, we can immediately uncover enterprise risk that prompts the Compliance Officer to take further action.
My key point here about Enterprise Risk is that companies in many ways are operating like the surgeons of old – they do not have MRI’s to help them pinpoint precisely where the risks are. In eDiscovery or Compliance this is the role Catelas plays – helping you assess the risk before you start a widespread and costly collection and review operation.