Theta Lake deepens RingCentral synergies with extended partnership

Theta Lake has bolstered its partnership with communications firm RingCentral to include global service provider and cross-industry vertical security and compliance features.

RingCentral is a provider of global enterprise cloud communications, video meetings, collaboration and contact center solutions. RingCentral and Theta Lake originally teamed up last year to provide RingCentral customers with three months of free access to Theta’s Compliance and Supervision Suite.

Through the extended partnership, new integration modules will include Theta Lake for RingCentral Video. This will involve free SOC2 Type 2, 17a-4 Compliant Archive, automated risk prioritisation and detection and time-saving workflow and reports. The second integration module will include Theta Lake for RingCentral App – which will involve archiving, an archive connector, supervision for RingCentral messaging, SMS, faxes, voice and video.

In addition, Theta’s said that its Security and Compliance Suite will enable RingCentral users to fully deploy all features and functionality of RC Office while making sure that conduct oversight and compliance requirements are met.

Both Theta and RingCentral now have joint customers in multiple markets across industry verticals including healthcare, education, financial services and government. The former claims the demand has ‘never been stronger’ for hybrid work solutions, and this partnership addresses the needs and requirements for safe, secure and compliant collaboration.

Theta added that the integrated solution provides compliant archiving across all forms of media, detection of workplace conduct risks, sensitive data exposure risks, compliance conduct risks and third party archives.

Theta Lake SVP of finance, business development and operations Anthony Cresci said, “It has been amazing to see the expansion of our partnership and ability to execute on our shared vision to provide safe, secure, and compliant collaboration. RingCentral’s success in the market with its MVP platform has driven an increased demand for compliance and security controls purpose-built to support all of the ways you can communicate across RingCentral Office and Global Service Providers. RingCentral has been an amazing partner and we are excited to continue to deliver industry leading compliance solutions for customers.”

RingCentral vice president of product management David Lee added, “Reliability, security, and scalability are the core components of RingCentral’s cloud communications platform. The deepening integration with Theta Lake provides RingCentral customers with an extended security, and supervisory capabilities to improve oversight and reduce the total cost of compliance.”

Theta recently partnered with video platform Vidyard to strengthen video security and compliance for companies in highly regulated industries.

Copyright © 2021 RegTech Analyst

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst

Investors

The following investor(s) were tagged in this article.