LONDON -- 1GLOBAL, a top-tier mobile virtual network operator (MVNO) today announced a strategic partnership with Verint to transform compliance across the financial services and trading sectors to upgrade mobile compliance recording solutions for financial institutions throughout the world.

Through this new alliance, 1GLOBAL will now provide all of its global clients with trusted cloud-based recording solutions supported by Verint Financial Compliance. Professionals with compliance obligations can increase their productivity and further their capabilities with voice transcription featuring keyword searching, alerting and meeting summaries.

1GLOBAL clients will also be able to reliably conform with compliance and trade surveillance policies under MiFID II, Dodd-Frank, and MAR / MAD II (among others) to help avoid non-compliance fines and penalties. This new toolset will accelerate compliance audits and easily provide regulatory agencies with complete records of trade-related interactions in a timely manner. Building in these efficiencies reduces costs for financial organizations by leveraging simplified administration, streamlined conversation retrieval, automated rules, and a wide set of external storage integrations on one single contract.

“Partnering with Verint enables us to offer our customers access to the most innovative cloud-based recording solutions on the market,” said Siobhan Thompson, Head of 1GLOBAL Compliance. “Compliance in the cloud is key to 1GLOBAL’s strategy. Our partnership with Verint and their VFC platform for our cloud hosting is a testament to that. Verint’s cutting edge technology coupled with 1GLOBAL’s leading mobile recording capabilities provides customers with assured compliance capabilities as well as increased productivity and analytics.”

“Combining the 1GLOBAL mobile voice and SMS capture capability with the core Verint solution is a critical part of the joint strategy to align all communications into a user-centric view,” says Verint’s John Bourne, Senior VP Global Channels & Alliances. “The integration will provide customers with more control, increased data completeness and the ability to proactively expose compliance anomalies.”