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Data Retention

Data Retention

(OP)
I have been told by our legal department that for the near future we cannot delete anything.  Our previous retention setting were set to keep five versions for 30 days.  I want to change this setting to 2555 days or 7 years, in addition we cannot expire data either.  What impact is this going to have on DRM and what other settings should I look into modifying?  Is there a more efficient method to retain data for 7 years?

My TSM server code is 5.5.5 running on Windows 2008.

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