Smarsh Adds Voice Archiving Offering with Acquisition of London-Based Cognia
Smarsh®, providing information archiving solutions for compliance, e-discovery and risk management, has completed the acquisition of Cognia, a worldwide leader in cloud-based voice archiving, audio search and analytics. Smarsh will leverage Cognia’s intellectual property and development resources to offer its global customer base enhanced capabilities around mobile and fixed-line voice communication – alongside a market-leading range of electronic communications – within The Archiving Platform. The acquisition will expand the existing presence of Smarsh in Europe and is central to its MiFID II compliance solution for financial firms.
In addition to capturing incoming and outgoing communication from fixed-line recording solutions, Cognia uniquely captures voice content directly from leading mobile carriers. Carrier-direct capture is the most reliable and automated method for capturing content for archival, and is quickly and easily deployed with no device-resident software to deploy and configure.
With the acquisition, Smarsh customers can quickly and securely search, analyse, monitor, and produce voice and other audio content. Voice content can be searched using both phonetic search capabilities and leading-edge transcription technology. In addition, conversations spanning archived voice, email, text messaging, social media, instant messaging and other types of electronic communications can be reconstructed with proper context, enabling firms to meet MiFID II requirements without the hassle of searching through separate archives.
“Smarsh is focused on providing worldwide financial institutions with the retention and oversight solutions to meet the latest regulatory requirements,” said Stephen Marsh, Smarsh founder and CEO. “Adding the innovative technology and team from Cognia is core to this strategy. It positions Smarsh as the only archiving provider directly capturing mobile voice content from the carriers, along with the most reliable and efficient technology solution to conduct oversight of all of their electronic communications in one place.”
Smarsh is actively helping financial organisations prepare to meet the recordkeeping and supervisory requirements under updates to the European Union’s Markets in Financial Instruments Directive (MiFID II) and its accompanying regulation (MiFIR), which go into effect on January 3, 2018. The regulations affect organisations that operate and/or do business with European firms providing investment services in the European Economic Area, and there’s an urgent need to have systems and processes in place to capture, retain and reproduce complete records of all services, activities and transactions on firm and client accounts. This includes all telephone calls on fixed and mobile, and all forms of electronic communications related to a trade, created or received by an organisation’s employees and contractors.
“We are excited to join Smarsh, and together, we can offer the industry’s most complete, comprehensive solution to manage risk throughout the entire spectrum of communications,” said Cognia CEO Stewart Holness. “With MiFID II on the horizon, organizations will be able to efficiently confront their recordkeeping requirements with a partner that is committed to keeping them in compliance with the regulatory environment.”
Terms of the acquisition were not disclosed.
Smarsh enables financial institutions to meet the records retention and oversight requirements of organisations such as the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the U.K.’s Financial Conduct Authority (FCA). For more information on how Smarsh and The Archiving Platform help firms meet MiFID II and MiFIR recordkeeping and supervision requirements, read the Smarsh MiFID II solution brief and visit www.Smarsh.eu.
Smarsh® delivers a comprehensive and integrated suite of information archiving applications and services that help companies protect themselves and manage risk. Its centralized platform provides a unified compliance and e-discovery workflow across the entire range of digital communications, including email, social media, websites, instant messaging, mobile text messaging and voice. Founded in 2001, Smarsh helps more than 20,000 organizations meet regulatory compliance, e-discovery and record retention requirements. The company is headquartered in Portland, Oregon, with offices in New York City, Boston, Raleigh, N.C. and London.
Lumina Communications for Smarsh, Inc.
John Kreuzer, 408-896-3307
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Andersen Global Announces Collaboration with Budapest Law Firm22.1.2019 14:30 | Pressemelding
Andersen Global announced a collaboration agreement with Szabo Kelemen & Partners Attorneys, a respected law firm based in Budapest, Hungary. Hungary marks the 38th country in which Andersen Global offers legal services, expanding the international association’s growing presence in Eastern Europe. Andersen Global is now present in more than 46 countries worldwide. Founded over two decades ago, Szabo Kelemen & Partners began as the legal arm of EY in Hungary. The firm has since grown to be the premier law firm in Budapest. The team is comprised of more than 30 professionals with decades of legal experience and international accolades, and will continue to advise local and international clients on tax, corporate and commercial issues in various industries. “We started as part of the Big Four, and over the last several years, as we’ve watched Andersen Global grow and set the client service bar higher, it was fitting and natural that we join forces to provide our clients with the very best
Jabil Advances Additive Manufacturing Market with Integration of Engineered Materials, World-Class 3D Printing Machines and Proven Processes22.1.2019 13:32 | Pressemelding
Jabil (NYSE: JBL) today introduced a complete solution for creating, integrating and validating custom engineered materials for additive manufacturing. The availability of Jabil Engineered Materials reinforces the company’s 3D printing leadership while driving further adoption of 3D printing to produce highly functional parts for diverse and unique customer applications. “Jabil is taking advantage of its rich history in materials science innovation to advance the entire additive manufacturing market forward and produce custom materials in weeks—not months,” said John Dulchinos, vice president of digital manufacturing, Jabil. “Our ability to integrate new engineered materials into our ecosystem of 3D printers and rigorous processes will transform a new generation of additive manufacturing applications, including those for heavily regulated industries, such as aerospace, automotive, industrial and healthcare.” According to a 2019 survey of 3D printing stakeholders sponsored by Jabil, exp
FLIR Launches Scion Thermal Monocular for Public Safety Professionals22.1.2019 13:00 | Pressemelding
FLIR Systems, Inc. (NASDAQ: FLIR) announced today the launch of the FLIR Scion™ Professional Thermal Monocular (PTM) for public safety professionals. The Scion PTM is powered by FLIR’s high-performance Boson® thermal core for greater image quality and features connectivity with FLIR TruWITNESS® to allow real-time encrypted thermal video streaming to provide professionals with greater situational awareness. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190122005289/en/ The new FLIR Scion Professional Thermal Monocular (PTM) for public safety professionals can stream live thermal video to provide greater situational awareness. (Photo: Business Wire) The rugged Scion PTM features FLIR’s most advanced thermal imaging core, which allows users to quickly detect objects with greater detail and offer clear vision in low visibility conditions. Available in a 60 hertz refresh rate, the Scion PTM features 2 gigabytes of internal stora
FLIR Introduces Assisted Docking Technology and First Boat Manufacturer Partner22.1.2019 09:00 | Pressemelding
FLIR Systems, Inc. (NASDAQ: FLIR) today announced the Raymarine DockSense™ assisted docking system, the marine industry’s first intelligent object recognition and motion sensing assisted docking solution for recreational boating. DockSense system uses FLIR machine vision camera technology and video analytics to integrate intelligence gathered from surrounding imagery with the vessel’s propulsion and steering system to assist boat owners in tight quarter docking maneuvering. Additionally, FLIR announced that Prestige Yachts, a Groupe Beneteau brand, will become the first to demonstrate the technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190122005313/en/ Docking a boat can be a stressful experience, even for the most experienced captains. Often wind and tides make the task more difficult, and docking mishaps can become expensive repairs and safety hazards. The DockSense system is designed to augment a captain's boat
BIOCERES and UNION ACQUISITION CORP. announce Bioceres’ unaudited quarterly operating results for the period ended December 31, 201822.1.2019 08:52 | Pressemelding
Bioceres, a leading Latin American agricultural biotech company (the “Company”), and Union Acquisition Corp. (NYSE: LTN) (“UAC”), a special purpose acquisition company, today announced the Company’s unaudited operating results for the quarter ended December 31, 2018. The parties had previously announced the execution of a definitive share exchange agreement (the “Exchange Agreement”) pursuant to which the Company will contribute its agricultural solutions business in exchange for equity of UAC. The Company reported unaudited revenues of $62.6 million during the quarter ended December 31, 2018, which represents a 33% growth rate over the same period a year ago. The adjustments and the translation mechanism from the application of IAS 29 had a positive impact of $8.7 million during the quarter ended December 31, 2018. Additionally, the Company’s management team expects Gross Profit and EBITDA margin performance to exceed that of the same period a year ago. Members of UAC’s sponsor and, o
Tradeshift Announces Record Year and Exceptional Growth in Every Category Heading Into 201922.1.2019 08:00 | Pressemelding
Tradeshift, the leader in supply chain payments and marketplaces, today announced results from the fourth quarter of 2018, marking the eleventh quarter in a row of successive growth and beating targets. Tradeshift’s fourth quarter growth stats announced today include: YoY new bookings grew 250 percent New total contract value grew by $59M in Q4 YoY revenue grew 178 percent (trailing 12 months) Gross Merchandise Volume (GMV) more than doubled, growing by 112 percent YoY Tradeshift Go experienced high growth with 12 deals signed in Q4 Signed App partner Transfermate, allowing Tradeshift customers to easily receive and make foreign currency payments Expanded Partner ecosystem with two additional BPO partners signed The company’s customer roster continued strong growth this quarter adding a record 49 new customers, including Charter Hall, HSBC, Econocom and more. “2018 was a record setting operational year for us,” said Christian Lanng, CEO and co-founder of Tradeshift. “It’s been so grati