SteelEye announces technology partnership with cloud communications specialist Solgari

Partnership will provide mutual clients with a direct integration of SteelEye’s innovative regulatory platform and Solgari’s GDPR compliant cloud services platform

 Cloud software services are offering Financial Services and Fintech Firms unlimited compliance and big data capability, turning regulatory demands such as MiFID II and GDPR  into an opportunity

LONDON – 5th April 2018 – SteelEye, the compliance technology and data analytics firm, is pleased to announce a technology partnership with Solgari, the global provider of compliant, integrated omni-channel cloud communications services. The partnership will integrate SteelEye and Solgari’s cloud platforms, allowing clients to meet many financial services regulatory requirements while opening up significant data analysis opportunities.

Regulatory Background

MiFID II is a significant and complex set of regulations that came into effect in 3 January 2018, impacting global financial firms participating in the European financial markets. With as little as 72 hours’ notice, firms may be required to produce complex reports in a specified format using data from disparate sources. Companies found non-compliant with MiFID II will risk fines of up to €5 million or 10% of global turnover, with the additional risk of reputational damage.

Following MiFID II, the introduction of General Data Protection Regulation (‘GDPR’) on May 25th 2018 represents a firm action by the EU to significantly strengthen and unify data protection for all individuals within the EU. Although created by the European Union, GDPR will have a global reach, governing the data of EU citizens all over the world. Even if data controllers and processors are based outside the EU, the GDPR regulations will still apply to them once they are managing or processing data belonging to EU citizens.

Once GDPR comes into effect, controllers must be able to immediately ensure that personal data is processed lawfully, transparently and for a specific purpose. Where a company or organisation is found to have disregarded GDPR compliance procedures, they may be subject to fines of up to €20 million or 4% of their global annual turnover, whichever is the greater.

Impact of Solgari & SteelEye Partnership

Our complementary partnership will provide clients with SteelEye’s deep compliance and analytical capability, integrated with Solgari’s MiFID II & GDPR compliant communications cloud service.  The partnership creates the opportunity for joint customers of Solgari and SteelEye to record and archive all relevant communications data on Solgari’s cloud with integration to SteelEye providing instant access to all relevant financial transaction data on SteelEye’s compliant cloud platform. Delivered as a cloud service, this also opens up significant cost savings to financial services versus the alternative of meeting regulatory and communication requirements through multiple, disjointed technologies.

Matt Smith, CEO at SteelEye commented: “SteelEye has the best communications & trade record keeping solution combined with the most advanced Trade Reconstruction and analytic capabilities available in the market. We firmly believe that to validate true best execution, firms must demonstrate through communications, such as voice, video, SMS & chat, that they acted in the best interest of their clients. Although SteelEye is agnostic to data sources, this partnership will provide our clients with a fully-integrated, affordable answer to their global regulatory obligations.”

John Colgan, CEO at Solgari added: “MiFID II & GDPR represent significant challenges to the Financial Services industry, however many aspects of these new demands can be addressed by best of breed, highly secure cloud software solutions. Not only can these solutions lead to automated compliance, they are also likely to open up other opportunities around cost savings, efficiency and the ability to accurately assess recorded data. Our partnership with SteelEye opens up all this capability to both our customer bases and we are delighted to be working closely together going forward.”

About SteelEye

SteelEye is the only regulatory compliance technology and data analytics firm that offers transaction reporting, record keeping, trade reconstruction and best execution along with data insight in one comprehensive solution. The firm’s scalable secure data storage platform offers encryption at rest and in flight and best-in-class analytics to help financial firms meet regulatory obligations and gain additional insights into their business activities, helping them to trade with greater efficiency and profitability, while storing their data in a geography of their choice. With a fully open API framework, SteeleEye enables clients to visualise, interpret and store consolidated data in flexible ways that suit their needs.

SteelEye is headquartered in London, UK. For more information, visit: SteelEye and Iris

SteelEye Contacts

Mike Persaud – Director of Business Development

mike.persaud@steel-eye.com

+44 (0) 203-176-8301

Richard Morgan Evans / Tania Wild / Alice Huggett-Smith

SteelEye@morganrossiter.com

+44(0)203-195-3240

Richard Morgan Evans mobile: +44(0)7751-087291

About Solgari

Solgari provides Compliant & Integrated Omni-Channel Cloud Communication Services to FinTech, Financial Services, eCommerce, Retail, Logistics, Recruitment & Government customers in 33 countries to date.

Solgari’s integrated cloud software service provides all the digital business communication channels – voice, video, chat, IM & SMS – while also including GDPR, PCI DSS & MiFID II compliant recording & archiving of all communications.

Customers can access all business communications & related compliance requirements regardless of location on a per user per month SaaS model while removing or avoiding the cost & complexity of legacy technology solutions.

For more information, please visit the company website and learn more about Solgari’s solutions at Solgari or simply review this 2 minutes video The Digital Race

Solgari Contacts

Tamara Phelan – EMEA Head of Sales

tamara.phelan@solgari.com

+44 (0) 808-238-9594 x 313

 

Emily Hallinan

Emily.Hallinan@WeAreSpider.com

+44 (0)20-7403-6900

 

 

CEO Insight – Compliant Digital Communications

 

Insight – Solgari unlocks UK Financial Services growth in new regulatory landscapes

This article in CEO Insight CEO Insight – Compliant Digital Communications  by our COO, Ed Grant, covers how Solgari’s compliant, integrated omni-channel cloud communications service is helping major FinTech and innovative Financial Service firms address all their digital communications compliance requirements, such as MiFID II and GDPR, the the cloud.

Please view this 2 minute video The Digital Race to see Solgari’s solution and the impact our customers enoy. You can use our technology to contact us by simply clicking Solgari Connect at the top of this page and reaching us straight over your browser!

 

 

Solgari exhibiting FinTech compliant cloud communications service at Money 20/20, Copenhagen

LONDON/COPENHAGEN – 20th June 2017Solgari, the global provider of the world’s first complete enterprise cloud business communications Software-as-a-Service (SaaS) platform, has today announced that it will be exhibiting its compliant cloud software solution at Money20/20 Europe. Held 26th-28th June 2017 at the Bella Centre, Copenhagen, the show is Europe’s largest FinTech event and will be attended by the field’s leading minds and innovators.

As FinTech continues to disrupt long established industries, businesses are evaluating how else technology can reinvigorate and transform sales, support and compliance functions. This has led to a focus on digital communications, with financial organisations striving to find new ways of acquiring, retaining and interacting with customers. Solgari’s SaaS solution unifies all communication capabilities – voice, SMS, chat and video – into a single platform which can be used across all devices, allowing seamless switching between the customer sales channels in order to escalate conversations effortlessly. Furthermore, the solution’s integrated voice verification, encrypted call and video recording, and advanced word and phrase search functions ensure compliance with stringent data regulations, including MiFID II, FCA, PCI DSS and GDPR.

The key benefits of Solgari to our global FinTech customers include the following:

“In an attempt to cover all the bases, financial organisations tend to adopt multiple tools from a number of vendors,” said Edward Grant, COO at Solgari. “However, there’s a lack of thinking around integration, with new digital technologies expected to work alongside legacy solutions. This results in a costly mishmash of tools that can’t deliver the intended benefits. Our cloud communication solution mitigates those issues by ensuring that all requirements are delivered by one vendor, with the only requirement being an internet connection. We are empowering disruptive FinTech and Financial Services organisations across 32 countries currently to drive all their customer communications and compliance requirements through the cloud. We look forward to discussing the future of FinTech communications, compliance and payments at Money 20/20.”

For more information on Solgari’s SaaS platform and our FinTech services, please download our communications and compliance in the cloud industry report [LINK]. If you would like to meet Solgari’s team or join our networking event with Enterprise Ireland on June 27th at 7pm at Money 20/20 please contact us at fintech@solgari.com or reach out to Edward Grant, COO, on the Money 20/20 attendee app.

To register to attend Money20/20, just visit [LINK].

About Solgari

Solgari has developed the technology, network and partnerships to deliver the world’s first complete enterprise cloud business communications software solution.  No boxes, no licenses, no software upgrades, no capital expenditure, Solgari is unique.  Solgari is a licensed telco, integrated with a scalable and modular cloud software platform, providing every service from Cloud Telephony, Call & Video Conferencing, Desktop Sharing up to the most intelligent Contact Centre, covering call recording and encryption while meeting GDPR, FCA, SEC, Central Bank and PCI DSS Compliance.  Solgari’s customers can pick and choose the services required, where and when through a subscription based SaaS model.  For more information, please visit the company website and learn more about Solgari’s solutions at www.solgari.com, or follow us on Twitter @solgaritweets.

Media Contacts

Finn Partners

Flora Haslam or Astor Sonnen

+44 203 217 7060

SolgariTeam@finnpartners.com

Solgari partners with enepath

Cloud communications specialist enables voice trading solution to offer additional services to clients

 London – June 15, 2017 Solgari, the global provider of the world’s first complete enterprise cloud business communications solution, has today announced its partnership with enepath, the voice trading and communications specialist. The partnership will enable enepath to integrate Solgari’s business communication software services – specifically SIP trunking and DDI telephony – to its front and back office trading solutions.

Access to Solgari’s global cloud unified communications will strengthen enepath’s existing back office solution to more efficiently connect the front, middle and back office departments without the need for PBXs at a carrier level.

Solgari is the only global cloud business communications vendor that delivers business telephony, call & video conferencing, desktop sharing, contact centre, IVR, call archiving, call encryption, PCI DSS compliance and carrier requirements through an integrated software platform. Customers pick and choose the services they require, where and when they need them, on-board in days, and save cost compared to other systems.

enepath is the complete voice trading solution specialist for today’s traders, transforming the way people implement and manage the use of voice inside and outside the trading room. It focuses on Software as a Service rather than on proprietary hardware and capital deployment for today’s traders who want high functionality, mobility, agility, reliability and flexibility on a global scale.

Solgari’s global cloud business communications solution is of particular value to enepath as it enables the company to create global numbering from the cloud, providing a single global desk for companies to increase business efficiency without any time zone constraints.

“Providing a resilient and effective end-to-end voice trading solution is what we strive for as a company and, as such, we continually look to improve upon what we have already created,” said Gavin Davis, CEO, enepath. “In this regard, the well-respected Solgari is a natural fit. In partnering with them we have solidified our offering from front to back office, and we are pleased with the benefits this will give our customers, both existing and future.”

“enepath is leading the way in voice services for trading rooms, and we’re delighted that this partnership will enable the company to provide a more solid offering to the traders using its services,” said John Colgan, CEO, Solgari. “There is a great synergy between our two companies, both believing firmly in giving our customers an excellent service with a low total cost of ownership. We look forward to a strong future together.”

To find out more about enepath’s Front Office, Back Office and Compliance packages, please visit their website www.enepath.com, or follow them on Twitter @enepath

About Solgari

Solgari has developed the technology, network and partnerships to deliver the world’s first complete enterprise cloud business communications software solution.  No boxes, no licenses, no software upgrades, no capital expenditure, Solgari is unique.  Solgari is a licensed telco, integrated with a scalable and modular cloud software platform, providing every service from Cloud Telephony, Call & Video Conferencing, Desktop Sharing up to the most intelligent Contact Centre, covering call recording and encryption while meeting FCA, SEC, Central Bank and PCI DSS Compliance.  Solgari’s customers can pick and choose the services required, where and when through a subscription based model.  For more information, please visit the company website and learn more about Solgari’s solutions at www.solgari.com, or follow us on Twitter @solgaritweets

Media Contacts

Finn Partners

Flora Haslam or Astor Sonnen

+44 203 217 7060

SolgariTeam@finnpartners.com

Solgari partners with OnDemand4U to bring cloud business communications to SMEs in DACH

 

Partnership announced to coincide with Taoiseach’s visit to Frankfurt

 London / Frankfurt – April 7, 2017 Solgari, the global provider of the world’s first complete enterprise cloud business communications solution, has today announced its partnership with OnDemand4U, a Microsoft partner specialising in implementing Microsoft Cloud solutions to SMEs. The partnership will enable OnDemand4U to offer Solgari’s business communication software services – specifically IP telephony, contact centre and web communication – to its extensive customer base in DACH. Solgari is a client of the Irish Government’s export agency, Enterprise Ireland.

The partnership announcement took place at an Enterprise Ireland networking event in Frankfurt attended by the Taoiseach, Enda Kenny TD, as part of a trade visit to Germany.

Julie Sinnamon, CEO Enterprise Ireland congratulated Solgari on the partnership saying, “Enterprise Ireland has been working with Solgari since 2012 and has seen them go from strength-to-strength, growing a strong customer base internationally and recruiting people in Ireland. It is a key priority for Enterprise Ireland, post Brexit, to support Irish companies with global ambition to help them build scale in Ireland, and expand their reach into markets, particularly beyond the UK. We look forward to continue to work with Solgari on their growth journey to optimise their full international potential in Northern Europe.”

Speaking from Frankfurt, the Taoiseach said, “I am pleased to announce this partnership between Solgari and OnDemand4U which will bring cloud business communications to SMEs in Germany, Austria and Switzerland. Following the UK’s decision to leave the EU the Government immediately acted to support our businesses – securing extra resources for our Enterprise Agencies and pursuing a new Trade and Investment Strategy that will see the Government work relentlessly to support our Irish companies in developing innovative, fruitful partnerships like this.”

Solgari is the only global cloud business communications vendor that delivers business telephony, call & video conferencing, desktop sharing, contact centre, IVR, call archiving, call encryption, PCI DSS compliance and carrier requirements through an integrated software platform. Customers pick and choose the services they require, where and when they need them, on-board in days, and save cost compared to other systems.

The company’s compliant cloud business communications solution is of particular value in the German market. Through the integration with Dynamics CRM, Solgari cloud services offer all telephony, contact centre, WebRTC and compliance capability to all existing Microsoft CRM customers.

“OnDemand4U and Solgari are delivering an integrated Microsoft Dynamics 365 & Cloud Business Communications solution that is ideal for fast growing and dynamic customers in DACH and beyond,” said Edward Grant, CFO Solgari. “In the modern world, customers require cloud software solutions that can be delivered to their staff anywhere and are flexible to meet industry specific needs. Our partnership delivers this solution and we are delighted to work with a clear market leader in OnDemand4U.”

“OnDemand4U is committed to helping small and medium-sized business in the German speaking region with their migration to the cloud,“ said Kenneth Christensen, general manager, OnDemand4U. “Many of our customers do not have fixed telephony systems, but most have Office 365, so we wanted a solution that would easily integrate. Solgari is the first company we have found that fits the bill and we’re thrilled to be able to offer our customers and prospects the IP telephony solution that they have been looking for.

About OnDemand4U

OnDemand4U is a leading Microsoft online partner specialising in consulting and implementing Microsoft Cloud solutions. These include Dynamics CRM Online, Social Engagement, Office 365, SharePoint and Azure.

More than 200 companies have come to appreciate OnDemand4U’s consulting service specifically designed for the introduction, adaptation and support of Microsoft Online products. From analysing business processes, implementing cloud-based software solutions, and adapting customer requirements, OnDemand4U focuses on ensuring uninterrupted business operations during migration to the cloud. www.ondemand4u.com

About Solgari

Solgari has developed the technology, network and partnerships to deliver the world’s first complete enterprise cloud business communications software solution.  No boxes, no licenses, no software upgrades, no capital expenditure, Solgari is unique.  Solgari is a licensed telco, integrated with a scalable and modular cloud software platform, providing every service from Cloud Telephony, Call & Video Conferencing, Desktop Sharing up to the most intelligent Contact Centre, covering call recording and encryption while meeting FCA, SEC, Central Bank and PCI DSS Compliance.  Solgari’s customers can pick and choose the services required, where and when through a subscription based model.  For more information, please visit the company website and learn more about Solgari’s solutions at www.solgari.com

Media Contacts

Finn Partners

Flora Haslam or Astor Sonnen

+44 203 217 7060

SolgariTeam@finnpartners.com

 

Solgari recognized as a leading fintech organisation in The Tech Trailblazer Awards

We’re delighted to announce that we have been shortlisted in The Tech Trailblazer Awards in the Financial Technology category. The awards celebrate the innovative technology startups and young organisations that are changing the business landscape, so it’s great to be recognised.

Our cloud-based suite is the world’s first complete business communications platform, and is the ideal choice for fintech companies that want to utilise the cloud, without the restrictions of traditional telephony solutions. It unifies all communications services – chat, video, web conferencing, IM and email – and enables users to effortlessly switch between them while meeting all key compliance requirements such as PCI DSS, FCA, MiFID II, SEC and Central Bank rules.

We’re already empowering globally recognised fintech companies – including Finsa and Aztec Finance – but our journey is still only just beginning.

The award winners are decided by public vote, make sure you vote for us here http://www.techtrailblazers.com/financial-technology-shortlist/.