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Commonwealth Financial Network® Chooses Axceler’s ControlPoint to Aid Compliance in Dynamic SharePoint Environment

WOBURN, MA – April 4, 2011 – Axceler, the leader in Microsoft SharePoint administration and migration software, today announced that Commonwealth Financial Network® has selected Axceler's ControlPoint administration software to better manage its dynamic SharePoint environment. Based in Waltham, MA, Commonwealth Financial Network is the nation's largest, privately held independent broker/dealer in the United States.

"As our SharePoint environment has grown rapidly, we needed more than just the out of the box monitoring/auditing capabilities that SharePoint provides. After intensively evaluating several solutions, in our opinion ControlPoint was by far the easiest to use and implement while being the most robust of all comparable products. Having these tools at our fingertips has helped us gain a better window into our growing environment. As a financial firm, ControlPoint aids us in fulfilling the ever changing compliance and regulatory demands. Daily housekeeping tasks such as targeting duplicate data, removing orphaned domain user accounts or tracking user activity at a granular level went from being arduous tasks to incredibly efficient," said Amar Singh, SharePoint Systems Engineer and Developer for Commonwealth Financial.

Singh says that Commonwealth Financial Network will be upgrading from SharePoint 2007 to SharePoint 2010, and is using ControlPoint to align their 2007 environment in an effort to ensure a smooth, efficient and timely upgrade. "We have started the information gathering process by leveraging ControlPoint's reporting capabilities to tell us where we are and where we need to be," Singh added.

Singh also noted that his team had been having issues moving some heavily customized solutions from their development environments to their production environment, and ControlPoint is already solving that problem. "We can now implement to our production environment in a far more seamless manner, which saves us a tremendous amount of time as a group," according to Singh.

ControlPoint, the leading SharePoint administration product and winner of the 2009 Best SharePoint Product award, includes comprehensive permissions management, in-depth activity and storage analysis and the ability to measure performance of SharePoint environments against governance policies. It also gives administrators complete control over the configuration and deployment of their SharePoint environments.

About Commonwealth Financial Network
Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, and a registered investment adviser, is the nation's largest, privately owned independent broker/dealer, with offices in Waltham, Massachusetts, and San Diego, California. The firm supports more than 1,400 independent registered representatives nationwide and makes available a comprehensive array of financial products and services. For more information, please visit www.commonwealth.com.

About Axceler
Axceler solutions enable enterprises to simplify, optimize, and secure their collaborative platforms and have delivered award-winning administration software worldwide since 1994. For Microsoft SharePoint, Axceler offers ControlPoint and Davinci Migrator. ControlPoint is the best way to get control over a SharePoint environment giving SharePoint professionals the ability to manage permissions, copy sites, analyze activity and much more. Davinci Migrator is a best of breed migration solution for organizations upgrading SharePoint 2003 and 2007 to SharePoint 2010. It was named a "Best of Connections 2010" finalist in the Best SharePoint Product category by Penton Media's DevConnections, while the editors of Windows IT Pro named ControlPoint the Best SharePoint Product of 2009. For more information visit http://www.axceler.com

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Press Contact:

Pam Foote
Parker Communications for Axceler
pfoote@parkercomms.com
978-691-5572

Copyright 2011, Axceler. Axceler and Axceler ControlPoint are registered trademarks. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.