ComplyXL now supports Rights Protected and Encrypted files in line with corporate spreadsheet management policies

New York, London: January 22, 2011: Lyquidity, an international developer of spreadsheet enterprise risk management controls, announce the availability of support for IRM (rights) protected and encrypted files to be managed and controlled by ComplyXL.

Microsoft has granted a license to Lyquidity which allows for the control of encrypted and rights protected (IRM) spreadsheets so organizations that have tightened their security management are now able to continuously control and monitor all spreadsheets using ComplyXL. These security aware organizations will be able to ensure full control and management, as well as analysis, of all spreadsheets and their usage patterns as well as defined segregation of roles, version and change control.

Increased use of IRM for additional security
Organizations using IRM can specify access permissions to workbooks not just simple password protection. Using IRM organizations can prevent sensitive information from being printed, forwarded, or copied by unauthorized people. Once permission has been restricted using IRM the access and usage restrictions are enforced no matter where the information is, as permission to a file is stored in the document file itself which helps organizations enforce corporate guidelines governing the control and dissemination of information.

Although IRM protected documents are encrypted, no passwords are required because they are encrypted using a certificate based key issued by Active Directory, which provided login control to Windows domains. As a result, only authorized users are able to access the files.

About Lyquidity Solutions

Lyquidity Solutions is a leading worldwide spreadsheet management software company providing corporations with compliance tools to ensure corporate governance. With ComplyXL, Lyquidity provides solutions to international organizations across market sectors from banks and insurance organizations through to airlines, consultants, healthcare and mining for full spreadsheet control and management. See www.lyquidity.com/quotes for customer stories.

For more information, please visit our main website at www.lyquidity.comUS inquiries please call 1-800 401 0289, and for European enquiries please call: +44 (0)207 043 2777 or email info@lyquidity.com Media contacts should be addressed to sarah.seddon@lyquidity.com.