An investment bank was under increasing pressures to prove the completeness of its data records and was struggling to provide the right information due to using multiple surveillance platforms. 

Key challenges

• Lack of centralise data
• Limited oversight across all voice platforms
• The need for a daily report confirming the current status of lines
• Efficient reconciliation of data across all comms and trade operations

Our solution

• ASSURE solution implemented to automate testing and meet regulatory standards
• Edge device deployed on client’s network
• Creation of high quality reports each day to meet regulatory requirements

Benefits

The client experienced dramatic improvements in operational efficiency  and reduced costs across compliance, with the automation of reporting and alerts reducing related costs by 38%.

Alongside this, the lines of operational infrastructure were tested every 24 hours and automated data completeness reconciliation was implemented across all regulatory data sources.

This enabled the business to meet full audibility for regulators quicker and easier than ever before.