Insightful Technology Awards
SOTERIA Wins Best Vendor for Dodd-Frank Award
We are delighted to announce that this afternoon, SOTERIA was named winner of the ‘Best Vendor for Dodd-Frank‘ award, as part of the RegTech Insight Awards 2020.
The annual awards are designed to recognise the valuable work of regulated technology firms in the form of solutions, services and consultancy, with winners carefully chosen via a two-step selection process, where a judging panel firstly finalises a shortlist of entries, before public voting is opened for industry participants to choose their favoured provider.
Creator and CTO of SOTERIA, Rob Houghton was interviewed following the announcement, to find out why he developed the solution for Dodd-Frank, what problems it continues to solve for clients, how he believes the solution will develop over the next few years and what his plans are for product development over the next 12 months. He also spoke candidly about the frustrations and dangers of vendors misleading firms, especially during such a period of uncertainty:
This accreditation highlights SOTERIA’s ongoing dedication to creating industry-leading and innovative technology, that serves to continually reduce the complexity of compliance, while transforming the way financial firms operate in accordance with regulatory obligations, through providing unparalleled insights from integrated DataVeillance. Having set out to tackle the major global regulations of Dodd-Frank, MAR, and MiFIDII, by using the same fundamental building blocks to fulfil the various requirements in each case, the recognition of being Best Solution for Dodd-Frank showcases SOTERIA’s ability to protect firms against the perilous and constantly shifting regulated landscape. Additionally, with over 10 years industry experience in relieving such regulatory burdens for over 180 firms, SOTERIA is now able to provide the same level of assured compliance and also efficiency, for newer regulations such as SMCR and GDPR.
At SOTERIA, we have always believed in providing a Single Source of Truth. Through capturing all communication and trade market data in real-time (audio, video or electronic), cleansing and indexing structured and unstructured data to provide a single searchable view of all global records and activity (with hierarchical permissions), and ‘hot’ storing data in an affordable, proven-secure, multi-tenanted global cloud infrastructure for 24/7 instant recall, clients can perform all the necessary business functions using one unified platform. This, together with in-built audio intelligence and NLP, full regulatory reporting, record keeping and immediate trade reconstruction, SOTERIA is able to reduce legacy disparate architecture and indeed operational overheads for better resource allocation, driving effeciency.
SOTERIA Wins Data Management Insight Award
We are elated to announce that SOTERIA has won the “Best Graph Database Solution for Data Management” accolade at the ‘Data Management Insight Awards’ today. The annual awards, now in their seventh year, are designed to recognise leading providers of data management solutions, services and consultancy to capital markets participants.
RegTech Insight Awards Nominee
We are elated that Soteria has been nominated for no less than 11 A-Team Group ‘RegTech Insight’ Awards this year!
You can vote for Soteria in any of the categories listed below by visiting the website, and all support would would be greatly appreciated! Voting closes on Friday 15th March so don’t delay, and consider it your 2 minute good deed for the day!
Insightful Technology Secures ISO 27001
Insightful Technology secures ISO 27001:2013 certification for Information Security Management.
London, UK – 15th January 2019 – Compliant communication, cloud, and surveillance specialists for regulated sectors, Insightful Technology, has announced it has achieved it’s ISO 27001:2013 certification, notably succeeding with only one minor for consideration, from over 140 articles reviewed by an independent auditor from Lloyd’s Register.
As the internationally-recognised and accepted standard for business and data security management, the awarding of ISO 27001 highlights the stringent and committed approach that Insightful Technology maintains towards customer- and business-critical information for which they, and their Soteria SaaS solution, are responsible for.
With over 180 financial services clients, including 10 of the top 12 Tier 1 banks, within their portfolio, Insightful Technology is no stranger to regular security audits and independent penetration testing, however this achievement marks another vital step forward in the continual analysis and improvement of their service offering:
“In what is an ever-increasing security-driven business world, especially for regulated sectors such as financial services, the accreditation of our ISO certification only reinforces our internal recognition that we must never compromise on the security and privacy of our customers’ often highly-confidential information. By endeavouring to stay at the forefront of this through the regular review and development of our operational processes, we can reassure our clients that we are both transparent and vigilant when it comes to best practice.” – Alan Stewart, Chief Operating Officer
The certification encompasses all aspects of Insightful Technology’s Soteria technology platform, including development, maintenance and managed services, as well as any associated products and services.