NICE Market-Leading Trading Recording Platform Expands Support for Object-Based Cloud Storage Solutions
30 Juillet 2019 - 12:30PM
Business Wire
FSOs can now leverage NICE compliance recording
and object-based cloud storage to retain growing volumes of
communications required for key regulations
As Financial Services Organizations (FSOs) fall under mounting
pressure from MiFID II, MAR, Dodd-Frank and FX Code of Conduct to
record high volumes of communications for regulated users, asset
classes, channels and devices, they are turning to the cloud for
cost-effective, secure, storage options. To address this need,
NICE (Nasdaq: NICE) has announced that it is adding support
for popular S3-compatible cloud storage solutions from Amazon Web
Services (AWS), Hitachi, IBM, and others, through its NICE Trading
Recording (NTR) platform. FSOs can now leverage NICE’s
market-leading compliance recording solution along with available
S3-compatible cloud storage solutions to securely and cost
effectively retain, and easily access, growing volumes of financial
communications required for regulatory compliance.
Adopted by numerous cloud storage providers, S3 (which stands
for Simple Storage Service) has become the defacto standard for
object-based cloud storage. With the recent addition of new
security features, S3-compatible storage appeals to regulated
industries, including financial services, for storing sensitive
communications. Through its support of S3, NICE is now enabling
FSOs to leverage NICE’s best-of-breed recording solution along with
various combinations of cloud, hybrid and on-premise storage
solutions that suit their needs, to achieve regulatory
compliance.
Chris Wooten, Executive Vice President, NICE, said, “As
regulations encompass broader and deeper requirements for recording
and retaining regulated employee communications, storage has become
an even more critical consideration for FSOs. The cloud offers FSOs
scalability, flexibility, redundancy, security, agility and lower
TCO, and through our support for S3-compatible storage platforms,
NICE is helping firms stay a step ahead of growing regulatory
requirements and opening up a world of choices they didn’t have
before.”
The NICE Trading Recording System (NTR), is an all-in-one
compliance-focused trade conversation recording platform used by
most of the world’s leading banks and investment firms for
recording and retaining trade conversation from turrets, desk
phones, mobile phones, and Unified Communications platforms,
including Microsoft Skype for Business and Cisco® Jabber®. NTR
works in tandem with NICE COMPASS, a unique compliance assurance
solution that features automation tools, monitoring dashboards and
reports to help financial institutions ensure enterprise-wide
compliance with MiFID II and other regulations.
Learn More:
- For further information on the NICE Trading Recording System,
click here.
- For further information on NICE COMPASS, click here.
- For more information on NICE Financial Compliance solutions,
email NICE at fmc@nice.com.
About NICE Financial Compliance NICE is the world’s
leading financial compliance solution provider, serving more than
90 percent of the largest investment banks globally. NICE’s
compliance solutions assist customers in the capture of trade
conversations and trades, analyzing them for potential risk, and
correlating trade conversations with trades for trade
reconstruction. The company's compliance solutions make automated
and intelligent holistic trade compliance programs possible and
enable FSOs to more efficiently comply with regulatory
requirements, including MiFID II, MAR, FX Code of Conduct,
Dodd-Frank and future directives. More info at
www.nice.com/compliance.
About NICE NICE (Nasdaq:NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software
solutions that empower organizations to make smarter decisions
based on advanced analytics of structured and unstructured data.
NICE helps organizations of all sizes deliver better customer
service, ensure compliance, combat fraud and safeguard citizens.
Over 25,000 organizations in more than 150 countries, including
over 85 of the Fortune 100 companies, are using NICE solutions.
www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: www.nice.com/nice-trademarks.
Forward-Looking Statements This press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Wooten, are based on
the current beliefs, expectations and assumptions of the management
of NICE Ltd. (the Company). In some cases, such forward-looking
statements can be identified by terms such as believe, expect, may,
will, intend, project, plan, estimate or similar words.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause the actual results or performance of
the Company to differ materially from those described herein,
including but not limited to the impact of the global economic
environment on the Company’s customer base (particularly financial
services firms) potentially impacting our business and financial
condition; competition; changes in technology and market
requirements; decline in demand for the Company's products;
inability to timely develop and introduce new technologies,
products and applications; difficulties or delays in absorbing and
integrating acquired operations, products, technologies and
personnel; loss of market share; an inability to maintain certain
marketing and distribution arrangements; and the effect of newly
enacted or modified laws, regulation or standards on the Company
and our products. For a more detailed description of the risk
factors and uncertainties affecting the company, refer to the
Company's reports filed from time to time with the Securities and
Exchange Commission, including the Company’s Annual Report on Form
20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190730005453/en/
Corporate Media Cindy Morgan-Olson, 201-551-5202,
cindy.morgan-olson@niceactimize.com
Investors Marty Cohen, +1 551 256 5354, ET, ir@nice.com
Yisca Erez +972 9 775 3798, CET, ir@nice.com
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