Customer engagement company Verint; recently announced a new and strategic partnership with Theta Lake. The firm is a leading provider of collaboration security and compliance solutions.
The partnership could very well have implications for those in the financial and trading organizations, as well as other businesses, according to Verint, which notes:
“Our extended capabilities will help avoid the legal, business, and reputational consequences of compliance breaches, misconduct, data loss, and security issues.”
Verint already has an award-winning cloud-based financial compliance solution, also available on-premises and as a hybrid solution. It supports automated policies and compliance workflows, offers an open approach to ease integration, and extends a broad range of functionalities to keep financial organizations communication-compliant.
“It also ensures operational assurance and data governance,” a spokesperson for Verint wrote in a statement.
Currently deployed by over 800 financial services organizations globally – Verint’s compliance solutions further enable the capture, retention, transcription, retrieval, and analysis of voice and electronic communications.