Go-to-Market Effort Aims to Broaden Compliant Deployment of Microsoft Office 365 in the Financial Services Industry
PORTLAND, Ore., August 11, 2020 – Smarsh®, enabling organizations to manage the risk and uncover the value within their electronic communications, today announced that Enterprise Supervision is now co-sell ready as part of the company’s participation in the Microsoft One Commercial Partner (OCP) program. The enterprise-grade application enables compliance teams to efficiently and effectively review employee electronic communications in support of regulatory compliance obligations and risk mitigation efforts.
Both Enterprise Supervision and the Smarsh Enterprise Archive can be deployed on Microsoft Azure, and both applications have secured OCP co-sell ready status. Smarsh and Microsoft go to market together with these integrated solutions to accelerate the compliant adoption of Microsoft Office 365 (including Microsoft Teams) within the financial services industry.
“Global compliance teams are challenged with the oversight of a growing volume and diversity of communications channels. Enterprise Supervision enables them to review more content faster, to eliminate noise and to surface the problematic content that truly merits attention,” said Brian Cramer, Smarsh CEO. “Smarsh and Microsoft have a shared vision to bring Azure-powered scale and performance to supervisory review. We are excited to work alongside Microsoft to help the financial services industry solve modern communications compliance challenges.”
Financial services organizations regulated by the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) turn to Enterprise Supervision to meet their supervisory review obligations for employee electronic communications. Internationally, similar requirements exist from the Investment Industry Regulatory Organization of Canada (IIROC), the U.K.’s Financial Conduct Authority (FCA) and the Markets in Financial Instruments Directive (MiFID II) in the European Union, among others.
Enterprise Supervision’s policy engine scans content for violations as it enters the archive. Team-based workflows give compliance organizations the ability to review, categorize and escalate problematic content. Customers can supervise an industry-leading breadth of electronic communication channels – including email, collaboration platforms, mobile/text messaging, social media and voice content – through one centralized application.
Among these communication channels, Smarsh offers unique capture capabilities for Teams, capturing content in one-to-one chats, multi-party chats and persistent channels. This includes edits, deletes, replies, emojis, GIFs, files, stickers and links. Once ingested into the Enterprise Archive, content is stored in immutable format, automatically indexed and accessible at any time in a search-ready state.
For more information on Enterprise Supervision, please visit https://www.smarsh.com/connected-apps/supervision/.
Smarsh is the recognized global leader in electronic communications archiving solutions for regulated organizations. The Smarsh Connected Suite provides innovative capture, archiving, e-discovery, and supervision solutions across the industry’s widest breadth of communication channels.
Scalable for organizations of all sizes, the Smarsh platform provides customers with compliance built on confidence. It enables them to strategically future-proof as new communication channels are adopted, and to realize more insight and value from the data in their archive. Customers strengthen their compliance and e-discovery initiatives, and benefit from the productive use of email, social media, mobile/text messaging, instant messaging and collaboration, web, and voice channels.
Smarsh serves a global client base that spans the top banks in North America and Europe, along with leading brokerage firms, insurers, and registered investment advisors. Smarsh also enables federal and state government agencies to meet their public records and e-discovery requirements. For more information, visit www.smarsh.com.