IBM FileNet Content Manager is a content services solution from IBM for managing, sharing and accessing content. IBM describes it as cloud-native and AI-powered. It offers federated content management across several repositories and file shares, role-based automatic redaction, AI-driven classification and extraction of data from unstructured content, document question answering through IBM Content Assistant, an integration with Salesforce and GraphQL APIs. A Client Managed release exists for strict data and governance requirements. According to IBM, FileNet can be deployed on-premises, in containers, as a hybrid and as SaaS.
IBM is headquartered in Armonk, New York, USA, and is therefore subject to US jurisdiction, which is a CLOUD Act signal. In a Client Managed installation your organisation decides where the data resides and who operates the infrastructure. FileNet is proprietary software and not open source.