SteelEye, a compliance technology and data analytics firm, and txtsmarter, an enterprise information archiving compliance platform, have partnered to combine txtsmarter’s Intelligent Compliance complete messaging capture and archiving service with SteelEye’s communications surveillance solution. As a result, clients can access native messaging data within the SteelEye platform to assure full regulatory compliance.
“Whilst the use of mobile phones on a trading floor is often restricted, people working from home now regard mobiles as a fundamental communications tool, with employees increasingly using messaging apps to communicate,” says Helen Bevis, Head of Strategic Partnerships at SteelEye. “By partnering with txtsmarter, we can provide native access to their clients’ data in the SteelEye platform, offering the e-communications surveillance they need to be compliant.”
“Via our partnership with SteelEye, we offer our clients a 360-degree archiving and surveillance service, supplying real-time access to previously inaccessible data. Only txtsmarter can capture native iMessage and Android SMS/MMS messages, providing a full view of all communications – which is necessary for full compliance and to avoid huge sanctions. We all know the real conversations happen via text,” says Nuri Otus, Founder and CEO of txtsmarter.
The txtsmarter platform captures data from a wide range of sources such as iMessage, WhatsApp, Android SMS/MMS, emails, databases, text documents, trade data, spreadsheets and even audio. Its users are able to use their native SMS/MMS services without having to change their behaviour, and once the service is active it runs in the background.
Designed to help firms Comply Smarter by managing their compliance holistically, SteelEye offers solutions for record keeping, trade reconstruction, MiFID II and EMIR transaction reporting, trade and communications surveillance, best execution, transaction cost analysis, analytics and more.
