Tag: Theta Lake

GDPR and MiFID II can create a tension between retention and protection requirements around communications with clients and customers.

Audio recording is commonplace for financial institutions (FIs). This is because well established regulations concerning recording, handling, and retention have been in place for some time.

Theta Lake, a compliance solution for video, audio and other digital communications, has formed two new partnerships and product integrations.

Banks need to take more risks and be prepared to implement something that might fail, according to a panel at the Global RegTech Summit 2018.

The European Union’s General Data Protection Regulation (GDPR) came into force last week, bringing with it heavy fines (up to 4% of global turnover or €20m) for those who fail to comply.