Retention policy
Retention management is an important FileNet feature or capability to help enterprises with their compliance needs, such as US Securities and Exchange Commission (SEC) Rule 17a-4. FileNet offers two main ways to implement a retention policy OOTB.
The first option has been around for decades, and that is leveraging a storage vendor feature, called write once, read many, commonly known as WORM storage. Once an electronic file is stored in WORM storage, it is immutable and it can’t be erased until the retention period has expired. This ensures that the records are not altered or deleted. This is the main reason why SEC 17a-4 requires the use of WORM to satisfy its compliance rule.
FileNet CPE has supported WORM storage for over a decade. Many FileNet enterprise customers leverage CPE fixed content device support for WORM storage to meet their compliance needs. WORM storage provides the ability to set a retention policy on the storage volume. The storage volume...