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Secure Archives' Can Solve Offshore Industry's Archiving Problem

Ramses Owens, Mossack Fonseca & Co and Analisa Williams, E-volusoft, for Tax-news.com

06 December 2000


The problem of archiving physical documents and sending highly confidential business and legal documents around the globe is well known to the offshore industry. The handling cost and privacy concerns are considerable. Electronic archiving solutions (eArchiving) provide a revolutionary way to solve this problem.

How eArchiving works

Business service providers or third parties (Application Service Providers) offer highly secure file storage solutions that can be accessed by authorized users over the Internet. Instead of physically sending a document (e.g. a draft of a contract) one party stores the contract in a digital format (e.g. as Word document) on a secure file server where from it can be accessed by the authorized other party over the Internet. Changes can be made at any time without the need of sending or faxing the document forth and back. Documents once stored will remain on the secure file server (unless deleted) so that it can be accessed at a later point of time.

Benefits of using eArchiving solutions

Paperless Office and information access: eArchiving solutions allow to store and retrieve digital files at any time, from anywhere and to share them with other parties with clearly defined access rights. For example: a corporate service provider can archive most of its information for clients onto an eArchiving solution and allow its clients to access their own documents.

Security and Privacy: eArchiving solutions offer sophisticated security systems.

The measures include: 1. -Physical Security with servers located within virtually un-destroyable Data Centers, 2. -Firewalls designed to resist hacker attacks, 3. -Encryption that protects every file transfer, 4. - User's identification with a password (some systems use additional identification features like security tokens), 5. - Data backups and redundant storage systems, and 6. -Virus Protection.

Some services are even located in renowned offshore jurisdictions that guarantee the highest degree of confidentiality and privacy.

Storage of All Types Of Files: With the technology available today, any file can be considered a document. This can be files directly from computer program or scanned physical documents.

Secure-Archives by e-volusoft

e-volusoft, a subsidiary company of Mossack Fonseca & Co. and Multitek (an Internet and technology group), recently launched its new service Secure-Archives to the European and Latin American markets to offer an eArchiving solution for off-shore clients. The company offers Secure-Archives as a unique new service that is addressed to companies (CSPs, Lawyers, Financial Institutions), mobile users, workgroups, and anyone requiring immediate and secure access to documents. The service is very simple to use and to implement (no installation required) and the costs are surprisingly low.

"We want to become THE eArchiving solution provider for the off-shore industry and the feedback we receive from our clients is very encouraging. We understand the needs and concerns of our clients and can guarantee the necessary privacy, confidentiality and security," says Caspar Steiner, General Manager of e-volusoft.


The Global Document Administration Solution for a connected World

For further information about Secure Archives click here:


http://www.lowtax.net/evolusoft/main.html

Contact: Caroline Wood Phones: ++507 263-1096 / ++507 263-1097 Fax: ++507 263-0962

E-mail: info@evolusoft.com

Address: Gabriela Mistral Street # 10, La Cresta, Bella Vista, Apto:1878 Zone #1 Panama City, Republic of Panama

e-volusoft is a subsidiary company of Mossack Fonseca & Co.

.

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