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OSI's Optical Disk Storage Services
Save your firm Time and Money
The SEC has asserted that this non-alterable, permanent
record storage solution is of great benefit for everyone involved. You
may have heard that an analysis by the Securities Industry Association
(SIA) indicated that conversion to optical disk storage will result in
significant savings, ranging from $250,000 a year for medium-sized firms,
to more than $1.6 million per year for larger firms. Furthermore, the
SIA reported that this technology offers increased security and speedier,
higher quality access to records in comparison with microfiche.
The real issues are cost, speed and convenience. Microfiche
storage is far more expensive in terms of people time, management, and
particularly storage. Think about it - you can collapse 16 file cabinet
drawers into one 12 inch, 2 gigabyte optical storage disk that can be
played ten years later just like your favorite CD album.
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