How Theta Lake stands at the forefront of communications compliance infrastructure
FinTech Global recently spoke to Devin Redmond - CEO and co-founder of Theta Lake - to learn more about the company.
Custodia unveils CC1 Messaging to revolutionise regulatory compliance
Custodia, a frontrunner in regulated digital data services, has unveiled its latest product, CC1 Messaging.
Custodia launches groundbreaking CC1 Messaging for off-channel communication compliance
Custodia, a preeminent provider of regulated digital data services, has announced the launch of its CC1 Messaging service. This pioneering off-channel communications compliance tool is designed to capture and archive conversations from employees' personal devices on prominent platforms such as WhatsApp, MS Teams, and SMS.
The importance of eComms recordkeeping in FinTech
In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.
Despite hefty fines, financial institutions still struggle with monitoring unapproved communication channels
A new survey by Shield and LeapXpert underscores the continued risk financial institutions face from unmonitored communication channels. Only 51% of the financial institutions surveyed are currently monitoring employee communications on WhatsApp, a popular messaging platform.
RegTech SteelEye partners with WealthTech company Enfusion
Trade and communication surveillance platform SteelEye has partnered with Enfusion, an investment management SaaS platform, to support joint clients.
Communication compliance startup LeapXpert raises $22m
LeapXpert, which stylises itself as the responsible business communication pioneer, has netted $22m for its Series A+ funding round.
Theta Lake brings compliance to digital whiteboards on Mural
Theta Lake, a leader in collaboration compliance and security solutions, has partnered with visual collaboration platform Mural.
SteelEye integrates ChatGPT with its surveillance platform
SteelEye, which claims to be the first and only integrated surveillance solution, has integrated ChatGPT into its compliance platform.
UK could be next for off-channel trading communications ramp up
UK firms could be the next to face greater regulatory scrutiny and fines for off-channel trading communications, according to a survey by Global Relay.