12/12/2017, London and Global
Compliant multimedia communication pioneers, Insightful Technology, have welcomed a new alliance with agile, London-centric business consultancy, Crestwave Solutions, as part of their ever-expanding coverage of the Financial Technology marketplace. Indeed, prior to the announcement, the new partnership has already yielded a secured sale, for deployment prior to the MiFID II deadline of January 3rd 2018.
Insightful, who’s Soteria™ platform is used by 9 of the top 12 global banks, enables Crestwave, who has a number of established enterprises in their portfolio already, to bridge many compliance and efficiency gaps within financially-regulated businesses, by compliantly capturing and recalling any type of corporate multimedia communication in a single global view.
All in real-time and without data leaving jurisdiction, case reconstructions can be compiled in a matter of minutes, with the aid of advanced keyword search algorithms and voice-to-text transcription software, empowering businesses to proactively respond to regulatory requests and allow regulators to remotely access a containerised view of the case file.
Steve Garrood, CCO of Insightful Technology commented: “It is a pleasure to have established a partnership with Crestwave who are very much respected and relied upon to source the best-in-class solutions for several important players in the financial sector. In having Soteria™ as part of their arsenal, there will now be a consultancy who can offer a tier-4 secure, cloud-based PAAS solution, that negates the need for multiple and disparate silos of data, providing invaluable structure to otherwise unstructured company data. More importantly, with Soteria’s globally resilient architecture and 3rd party agnostic design, Crestwave can deliver to their customers a single, non-disruptive and complimentary solution, that can ingest data from any existing or legacy estate, be that hardware or software. We look forward to prosperous times ahead for both parties but, more importantly, for the businesses which we will help to avoid regulatory fines in the process."
Lee Hall, MD of Crestwave Solutions added: “We are very excited to establish a strategic partnership with Insightful Technology. Soteria delivers us a key resilient architecture to address the regulatory market, which absolutely compliments our Compliance Suite of Solutions. We see the partnership and solution as absolutely key in combatting a rather fragmented approach which we are currently seeing being adopted within the Financial Market. Soteria now allows us to offer a single global view of all Corporate Multimedia Communication, all under one single service and support contract, tackling many challenges that our client base and Financial Markets are suffering, both from an IT and Regulatory perspective."
About Insightful Technology
Through our SAAS platform Soteria™, Insightful Technology provides organisations around the world with the ability to securely capture, analyse and store business communications in real-time, regardless of the source. With an accompanying A.I. and B.I. analytics and proactive alerting suite, and the functionality to create case reconstructions immediately, as well as pre-populate CRM systems or Best Execution forms with accurate voice-to-text transcriptions, we not only drive compliance on a global scale but also impact on enterprise agility.
Our mobile voice recording solution is currently used by 9 of the top 12 tier 1 global banks, and over 170 other financial organisations, and can also be implemented by government agencies, legal institutions and pharmaceutical companies all around the world.
Crestwave Solutions is a dynamic company with deep experience of leveraging multiple functional efficiencies through the alignment of its four strategic solution arms. Crestwave Solutions work with businesses to identify those areas which cause problems or headaches, resolving perennial issues with the right long-term solutions and recommendations. However specific or complex the clients’ requirements, they will benefit from a collaborative approach that is both practical and enterprising, delivering the right service and solution, every time.
The Crestwave Solutions portfolio of services and solutions spans across the following business practices
Visit http://www.crestwavesolutions.com/ for more information