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Insightful Technology and Double Edge unite to deliver Regulatory Compliance SaaS to Financial Services

Posted Monday 30 July 2018

Compliant voice, e-communications and cognitive services disruptor, Insightful Technology, has agreed a new partnership with agile IT and unified communications provider, DoubleEdge, as part of their growing activity in the Financial Technology marketplace. The new alliance has already been celebrated with an early customer acquisition, for deployment in August.

Insightful’s, Soteria™ platform is already used by 9 of the top 12 global banks and now enables DoubleEdge to bridge compliance and efficiency gaps for businesses within the regulated business sectors. Soteria, captures and recalls any type of corporate multimedia communication in a single global view and then overlays proactive monitoring and AI services to enhance the data’s value to the organisation.

All in real-time and without data leaving jurisdiction, case reconstructions can be compiled in a matter of minutes with the aid of advanced keyword search algorithms and Microsoft voice-to-text transcription software. This empowers businesses to respond proactively to regulatory requests and allows regulators to remotely access a containerised view of the case file.

Steve Garrood, CCO of Insightful Technology commented: “We strive to ensure we have the best-in-class partners who share the same ethos of encouraging real business efficiency change, while solving the customers’ immediate pain points around unified communications and/or compliance. DoubleEdge takes a similar approach and has established a solid reputation for delivering exceptional levels of customer service and support.

With Soteria™, DoubleEdge now has access to a tier-4, secure and resilient cloud-based SaaS solution, that provides much-needed structure to otherwise unstructured data, in one single place. There’s no need for middleware or multiple disparate data silos and, given Soteria’s open API design, DoubleEdge can deliver a complimentary and non-architecturally disruptive solution, that ingests data from any existing or legacy estate, be that hardware or software.”

Steve Burges, DoubleEdge Managing Director, added: “We work with some of the biggest players in the financial, legal and professional services sectors, providing advanced communications and collaboration solutions, plus the essential support required to meet changing requirements.”

“Over the past 20 years, we’ve witnessed growing regulatory demands across an increasingly wide range of communications. Compliance managers need a solution that is simple to deploy, quick to respond to requests from the authorities and accurate in the data supplied. Insightful Technology delivers all this with the flexibility and scalability offered by a cloud-based SaaS solution. They’re way ahead of everything else out there and that’s why we value this important partnership.”

About Insightful Technology

Through our SAAS platform Soteria™, Insightful Technology provides organisations around the world with the ability to securely capture, analyse and store business communications in real-time, regardless of the source. With an accompanying A.I. and B.I. analytics and proactive alerting suite, and the functionality to create case reconstructions immediately, as well as pre-populate CRM systems or Best Execution forms with accurate voice-to-text transcriptions, we not only drive compliance on a global scale but also impact on enterprise agility.

Our mobile voice recording solution is currently used by 9 of the top 12 tier 1 global banks, and over 170 other financial organisations, and can also be implemented by government agencies, legal institutions and pharmaceutical companies all around the world.

To find out more about Soteria™ and Insightful Technology, visit our websites http://www.soteriasoftware.co.uk/ and http://www.insightfultechnology.com/