GFI EventsManager uses advanced event processing and filtering technologies to identify key events out-of-the-box. Advanced event processing rules filter out unwanted/trivial events and generate alerts on key issues. GFI EventsManager provides real-time alerting when critical events arise, suggests remedial actions and, if applicable, triggers corrective actions by automatically launching scripts and executable files. The built-in processing rules provided with the product, and other areas of intelligence present in it, add value to its functionality aspects, because the information is otherwise difficult to find and requires levels of expertise which are not necessarily available to end-users. GFI EventsManager has been developed to satisfy the increasing demand of events-based legal compliance. Generated events are the primary source which determine level of compliance and identify deficiencies. With GFI EventsManager, events can be processed while leaving the raw source intact, in compliance to event log regulations such as Basel II, PCI Data Security Standard and the Sarbanes-Oxley Act.