Cloud9 and EY to Host Virtual Roundtable on Distributed Compliance in Today’s Institutional Trading Ecosystem

Cloud9 and EY to Host Virtual Roundtable on Distributed Compliance in Today’s Institutional Trading Ecosystem

Cloud9 Technologies and EY have announced a series of virtual roundtables that will examine compliance, data management and cloud deployment best practices for the institutional community.

The first of these virtual events will take place on Thursday, April 8 at 10 am ET and will examine the following issues:

  • The shifting approach to compliance in what has become a more virtual environment comprised of a distributed workforce
  • Shifting dynamics of voice trading and data capture from a compliance perspective
  • The growing importance of establishing a robust community of partners
  • Differences in the way asset managers, banks and brokers need to approach the distributed compliance process
  • Key developments that will drive an efficient compliance process in an ongoing virtual landscape

The event will feature the following panelists:

  • Moderator: Gráinne McNamara, Principal, EY
  • Matt Smith, CEO, SteelEye
  • Phil Fry, VP of Product Strategy, Verint
  • Leo Papadopoulos, Co-founder & Chief Innovation Officer, Cloud9 Technologies

If you’re interested in attending the virtual event, please reach out to cloud9@paragonpr.com to reserve your spot.

[PODCAST] Navigating compliance parameters and cloud security across the increasingly virtual voice trading environment

[PODCAST] Navigating compliance parameters and cloud security across the increasingly virtual voice trading environment

The institutional marketplace is gravitating towards a more digitally-advanced ecosystem which is requiring greater technology sophistication and, in turn, more stringent data security and regulation parameters. As traders become more comfortable working remotely, accessibility to robust sets of voice metadata for both strategic and regulatory reporting purposes will be very important. In Episode 2 of the Cloud9 podcast series, Cloud9 CTO and Co-Founder Leo Papadopoulos and SteelEye CEO Matt Smith discuss how the partnership that their companies recently announced addresses these concerns and why it’s so important for firms to equip themselves with the proper security and regulatory reporting tools during this transitional period.

Cloud9 Technologies · Navigating compliance parameters and cloud security across the virtual voice trading environment

Cloud9 and SteelEye Partner to Address Voice Trading Compliance Challenges amid Remote Working Conditions

Cloud9 and SteelEye Partner to Address Voice Trading Compliance Challenges amid Remote Working Conditions

NEW YORK & LONDON, July 8, 2020 — Cloud9 Technologies (“Cloud9”), a leader in cloud-based communications, has integrated with SteelEye, a leading regulatory technology and data analytics provider, to offer the institutional marketplace an efficient solution to manage their regulatory and surveillance obligations for voice trade data. 

With demand surging among financial institutions for ‘virtual trading floors’, the integration of Cloud9 into SteelEye enhances firms’ interoperability and simplifies their record-keeping, trade surveillance and regulatory reporting obligations.

The partnership enables firms to capture their Cloud9 voice trade data within SteelEye, alleviating the complexities and rising costs of regulatory compliance as firms gravitate towards long-term work-from-home policies. By combining Cloud9’s voice capture capabilities with SteelEye’s intelligent compliance and data platform, firms can seamlessly overlay their regulatory and financial data with their voice communications to facilitate effortless compliance and more easily identify market abuse risks including insider trading.  

“As institutions transition towards more remote working conditions, cloud-based data solutions that simplify compliance and remove communication impediments are no longer a luxury; they’re essential,” said Brian Hunt, Chief Administrative Officer and Head of Partnerships at Cloud9. “We’re excited to be partnering with a trusted solution like SteelEye during such a transformational period in the market.”

 

“In this highly competitive financial landscape, it’s imperative that firms can quickly respond to changing market structures and regulatory demands,” said Helen Bevis, Head of Operations and Strategic Partnerships at SteelEye. “With increasing demands for cloud-based voice capture as firms support remote working, the collaboration between Cloud9 and SteelEye provides an efficient solution for the institutional marketplace.”

The combination of Cloud9 and SteelEye’s award-winning solutions addresses key regulatory mandates including MiFID II, EMIR, Dodd-Frank, SMCR and MAR.

###

About Cloud9 Technologies
Cloud9 Technologies is the leading voice communication and analytics platform designed for the unique needs of the financial markets.  Cloud9 developed a solution that harnesses the voice communication talk path for the trading floor of the future – offering more functionality and analytic insight than legacy hardware at a fraction of the cost. Cloud9 connects counterparties across all asset classes via a cloud-based communication platform that eliminates the infrastructure and expense associated with legacy hardware and telecommunication based solutions, with front-office focused data and transcription, purpose-built for the financial markets. For more information, visit www.c9tec.com.

About SteelEye
SteelEye is a RegTech and data analytics firm that was established to reduce the complexity and cost of financial compliance and enable firms globally to manage their regulatory obligations through a single platform. SteelEye’s ability to bring together, cleanse, index, and analyse structured and unstructured data across all asset classes and communication types enables clients to effortlessly meet their regulatory needs because when all this data is in one place, compliance becomes both easy and cost-effective. And with everything under one lens, firms also gain fresh insight into their business, helping them improve their efficiency and profitability.

To date, SteelEye has launched solutions for record-keeping, trade reconstruction, transaction reporting, trade, and communications surveillance, best execution reporting, transaction cost analysis, and advanced analytics for regulations including MiFID II, EMIR, Dodd-Frank, SMCR, and MAR. For more information, visit www.steel-eye.com.

Media inquiries, please contact:

For Cloud9 Technologies
P.J. Kinsella
EVP of Media Relations, Paragon PR
+1 973-255-7153
pj@paragonpr.com

For SteelEye
Emmy Granström
Marketing Director, SteelEye
+44 (0) 203 176 8306
emmy.granstrom@steel-eye.com