Accurate Always Announces Call Recording and Maintenance Solution for OTC Market Participants
October 31, 2013
By Mandira Srivastava
OTC markets, otherwise known as off-exchange trading markets, feature strict phone recording compliance requirements due the fact that trades are done between two parties without any exchange supervision. Accurate Always, a provider of turnkey communications recording and analysis solutions, announced that their Voxida solution can help OTC (over-the-counter) market participants, including Futures Commission Merchants (FCMs) and Introducing Brokers (IBs), to meet the CFTC Phone (News - Alert) Record Retention Requirements within 30 days.
Kate Haley, chief marketing officer of Accurate Always said in a statement, "We understand the urgency and demand of OTC market participants in becoming compliant with the CFTC Phone Record Retention Requirements in a post-Dodd-Frank world. Voxida is designed for rapid implementation – once a firm places an order, they can expect to have an individually-built Voxida solution shipped to their site, preconfigured to gather and sort call data in 30 days."
The new solution is equipped with several search capabilities, multi-channel playback for immediate incident reconstruction, intelligent archiving, real-time LAN/WAN access and centralized administration.
"Firms are challenged with meeting rapidly evolving regulatory requirements, while striving to increase productivity and profitability; through intelligent call capturing and analyzing, they can achieve both," said Yousef Shemisa, chief technology officer of Accurate Always. "We've created a system that not only meets clients' compliance demands but provides an intuitive call recording solution that is essential for forward-focused organizations."
Voxidais leverages the strongest encryption available in the private sector. Voxida is designed to work well within existing work-flows and telecom infrastructures, helping financial institutions, call centers and other diverse institutions capture, quality monitor and report on their voice and video communications.
Edited by Blaise McNamee