TRUPHONE AND BT SIGN PARTNERSHIP AGREEMENT.

Truphone and BT recently announced a partnership where BT will market Truphone Mobile Recording to their US financial customers to help them comply with new regulations called for by the Dodd-Frank Wall Street Reform Act. The Act requires all companies operating or doing business with an organization in the US for certain regulated trading activities have to record all communications from mobile devices that lead to a trade. Truphone Mobile Recording provides such a service and will benefit financial firms by enabling regulatory compliance.

Tom Regent, president, global banking & financial markets, BT, said: “As the Dodd-Frank Act and future regulations come into force, financial services institutions need technology partners who can act as a safe pair of hands to help them navigate successfully through the compliance maze and in a timely manner.  BT’s knowledge and experience of helping financial institutions address their global compliance and regulation obligations, combined with the power of Truphone’s solution, means we are ideally placed to help our customers.”

Read the press release.