Verint Systems expands Financial Compliance Partner Program

Verint Systems has expanded its Financial Compliance Partner Program, an ecosystem which helps organisations turn regulatory burden into strategic advantage.

Based in Melville, New York, Verint provides actionable intelligence solutions with a focus on customer engagement optimisation, security intelligence, and fraud, risk and compliance.

The RegTech recently launched Financial Compliance offerings, which support modern work processes and offer a broad range of capabilities including ability to capture communication and data across all of the capabilities offered by Unified Communications (UC) solutions, along with automated operational verification, proactive compliance and an open approach to facilitate integration.

According to the company, the solution delivers capabilities that can prevent non-compliant incidents from occurring in the first place, helping organisations work proactively to maintain adherence and reduce the cost of compliance.

As regulatory requirements under Dodd-Frank in the U.S. and MiFID II and MAD II / MAR in Europe place stricter, more extensive and more geographically diverse regulations on financial services organisations, Verint claims its Compliance Partner Program represents a ‘united approach’ to help ensure companies are effectively addressing the challenges in maintaining compliance.

Verint and its partners will conduct “Reinventing Financial Compliance,” a series of Financial Compliance Innovation Workshops in select venues in North America, Europe and Asia-Pacific, that started on October 16, 2018 and extends into 2019.

Verint’s Compliance Partner Program includes: Computer Generated Solutions (CGS), ComitFS, Custodia Technology, Fivesky, JP Reis, Market Communications, Trusted Data Solutions (TDS) and World Wide Technology (WWT). The program’s technogoly partners include British Telecom (BT), Cloud9, GreenKey, IPC, Raidne, Speakerbus, SteelEye, Tango Networks and Truphone.

Currently over 10,000 organisations in more than 180 countries, including over 85 percent of the Fortune 100, rely on intelligence from Verint solutions.

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.