Tier one Japanese bank is the first to deploy the solution in response to regulatory requirements
Etrali Trading Solutions, the global IT integrator for trading, today announced the expansion of its mobile voice recording service in Japan. Already available in Europe and the US, the device agnostic, SIM-based solution allows financial institutions in Japan to comply with Japanese FSA record keeping requirements. It also allows companies in the region which deal with Europe and the US to adhere with FCA and Dodd Frank demands and is future proofed to meet the emerging requirements of MiFID II.
David Guerineau, APAC Managing Director, Etrali Trading Solutions said, “The Asia Pacific market is becoming more regulated and firms need to be aware of what local and global regulators require. To meet these demands we have rolled out our mobile voice recording service to Japan and will extend it to other key financial centres in the region including Hong Kong and Singapore later this year. Our secure, network-based solution will ensure voice, data and mobile communications are all recorded on one device. It is one of the first regulatory compliance solutions to offer mobile and fixed recording, archiving and analytics via our private cloud.”
With its unified communications, compliance and cloud expertise, Etrali Trading Solutions is already working with a tier one bank in Japan. It provides a regional service with follow-the-sun and local language support centres that understand specific cultural customs and market practices. The solution will provide users with local Japanese number ranges and global roaming capabilities ensuring calls are captured and securely archived to meet regulatory requirements.
Deployed with mobile voice recording partner Natterbox, the Etrali Trading Solutions’ services platform is able to record in 150 countries worldwide and can be implemented quickly and efficiently, with no set up delay, allowing clients to record conversations instantly with the same user experience as non-recorded mobile phones. Content can be stored locally or in a secure cloud depending on clients’ requirements and is completely integrated with existing trading solutions.