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Have you heard of the Sarbanes-Oxley Act of 2002 in the US? No? Prepare yourself for a totally new ball game.
After scandals such as Enron and Worldcom the US government has defined new financial regulations which demand provisions for reliable and auditable storage of business data.
This will clearly affect European companies dealing in the US and suggests it will not be long before similar measures appear in the EU.
It's worth taking a closer look at the implications. Any system used will need to be scalable and as all the data concerning the business - such as accounting, reporting and e-mail - have to be included, you can imagine that the amounts …