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News & Events | Press Releases

BB&T Selects Orchestria to Support Compliance and Data Loss Initiatives

Real-time policy enforcement and exceptional accuracy are cited as key differentiators
New York, NY - April 15, 2008

Orchestria, the proven leader in Information Protection and Control, has announced that its Intelligent Compliance suite has been deployed for full-service brokerage and investment banking firm Scott & Stringfellow, a subsidiary of BB&T Corporation.

Orchestria's policy-based Intelligent Compliance software is employed to analyze all electronic communication channels in support of SEC, FINRA, and company governance priorities. Scott & Stringfellow has also chosen to implement Orchestria's desktop and server agents throughout its organization.

"Orchestria offers an extensive pre-built policy catalog that lets us structure a supervision program designed to focus on our highest risk areas with a great deal of accuracy," said Scott & Stringfellow Chief Compliance Officer Alex Cecil. "Not only are we able to cover traditional hot-button compliance issues, but we can also use Orchestria to help protect customer information - an area recently highlighted as a FINRA examination priority."

Being able to enforce policies in real time was a mandatory requirement for Scott & Stringfellow, and a key component of its initiative to better support employees and protects its business. "This technology has proved to be extremely precise in identifying target activity, which enables us to confidently interact with end users in the most appropriate circumstances," explained Cecil.

"Unprecedented accuracy in distinguishing compliance and data loss violations from valid business actions allows Orchestria to interactively block, correct, or quarantine harmful or sensitive content before it's sent," said Bo Manning, Orchestria president and CEO. "These capabilities are major differentiators for compliance and security-minded companies like Scott & Stringfellow."

About Orchestria
Orchestria is the proven leader in Information Protection and Control software - designed to substantially mitigate the risks of uncontrolled electronic actions such as message, Web and file activity. The company's Intelligent Control Layer provides the key underlying capability to effectively automate four converging and ultimately overlapping corporate functions, including Data Loss Prevention, Compliance, Legal, and Information Classification.

Orchestria technology ensures that employees who intend to do damage are stopped, while empowering employees who inadvertently breach policy to correct their actions before they do harm.

Deployed across more than 250 companies in 33 countries worldwide, Orchestria intelligently analyzes and actively controls more than 80 million electronic actions every day. The company has 40 patents granted or pending in the field of Electronic Control. For more information, visit www.orchestria.com.

About Scott & Stringfellow Inc.
Scott & Stringfellow Inc., founded in 1893, is a full service regional brokerage and financial services firm with 46 offices in Virginia, West Virginia, North Carolina, South Carolina, Georgia, and New Jersey. It is a wholly-owned subsidiary of BB&T Corporation (BBT.com), the nation's 14th largest financial holding company. More information is available at www.ScottStringfellow.com.

For more information:
Ann Dalrymple
Topaz Partners
+1 781 404 2432
adalrymple@topazpartners.com

Andy Grygiel
Orchestria
+1 212-364-5314
andy.grygiel@orchestria.com




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