GLYPH<SM590000> Victorian Electronic Records Standard (VERS) –  Be viewable in 10, 20, 50, or 100 years. The problem exists today. It is  getting increasingly difficult to try to view a document that was created by  a word processor 15 years ago, because current vendors drop support for  these older formats.  –  Have context, so that it is understood exactly where the record came  from, who the author was, and what it is related to. VERS is an Australian standard developed by Public Record Office Victoria  (PROV) to provide guidelines on capturing, managing and preserving  electronic records in the state of Victoria.$^{3}$ For example, it defines that an  electronic records format must be able to support evidence. Electronic  records must be admissible as evidence and given due weight in a court of  law. This requires the ability to prove that a record has not been altered in an  unauthorized or undocumented fashion since creation and to demonstrate  who created the record and when it was created. Although the other standards mentioned here really focus on requirements for  a records management solution, VERS concentrates on defining a standard  for the long-term preservation of electronic records. The intention is to ensure  that an electronic record created today using current technology can fulfill  these objectives: The IBM Information LIfecycle Governance (ILG) portfolio includes capabilities  that legal, IT, records, and business users can use to help manage legal risk and  to reduce data management and discovery costs. To achieve this, the ILG  portfolio provides solutions for electronic discovery (eDiscovery), archiving,  disposal, policy management, and records retention and management. The  portfolio helps organizations manage enterprise information based on its  business value, comply more efficiently with litigation and regulatory duties, and  dispose of information when it is no longer required. Figure 1-8 on page 29  provides a high-level overview of the ILG portfolio.  1.10 Role of IBM Enterprise Records within the  IBM Information Lifecycle Governance portfolio 28  Using IBM Enterprise Records 3 According to the Public Record Office of Victoria, Australia  http://www.prov.vic.gov.au/vers/standard/