Communications Monitoring

In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.

Theta Lake recently took the opportunity to explain to its readers and customers more about digital communications governance and its role in it. 

In an era of growing operational costs, it has become a pressing necessity for banks to embrace efficient Know Your Customer (KYC) practices. The global spend on regulatory technology (RegTech) is predicted to ascend to $207bn by 2028, a forecast that urges banks to channel their investment into automating their manual KYC processes.

A new survey by Shield and LeapXpert underscores the continued risk financial institutions face from unmonitored communication channels. Only 51% of the financial institutions...

Since 2018, Theta Lake, has formed a strong partnership with Zoom, one of the world's leading video conferencing platforms.

In a time where more and more transactions and general interactions are taking place digitally, the importance of ensuring compliance in communications has risen...

VoxSmart, a leader in communications surveillance and financial AI solutions, has raised a further $12m in a recent funding round.

LeapXpert, which stylises itself as the responsible business communication pioneer, has netted $22m for its Series A+ funding round.

Theta Lake, a leader in collaboration compliance and security solutions, has partnered with visual collaboration platform Mural.

 SteelEye, which claims to be the first and only integrated surveillance solution, has integrated ChatGPT into its compliance platform.