enepath and Insightful Technology Team Up to Enhance Voice Trading Product

by Aziz Abdel-Qader
  • Although a great deal of trading is now accomplished through electronic trading platforms, some phone trading persists.
enepath and Insightful Technology Team Up to Enhance Voice Trading Product
Bloomberg

Singaporean technology firm enepath, which develops voice communication technology for trading rooms, has inked a partnership agreement with Insightful Technology (Insightful), Compliance solutions specialists, to further enhance its Eclipse™ voice trading product.

enepath had signed similar partnerships with a number of technology providers to extend user capability and provide cost-effective integration between voice trading systems, which is where enepath comes into play.

Although a great deal of trading is now accomplished through electronic trading platforms, some phone trading persists across some sectors while turrets are still common on trading desks of investment banks.

The initial agreement will cover the complete range of enepath’s Eclipse™ solutions, which is designed for both buy and sell side trading firms, and Insightful’s patented technology platform, Soteria™. The list of capabilities includes the latest Eclipse Turret, which is delivered as a tablet plus docking station, and high definition (HD) integrated voice recording technology to enable the trader to work both traditionally from an office and in a remote location. Furthermore, the collaborative solution will offer multiple levels of security for users and devices to ensure traders operate in a fully secure and audited environment.

The unique combination of Soteria™ and Eclipse™ will provide financial firms with the ability to capture and store incoming data flow of prices, news, analysis and other relevant information. This then enables further Analytics to be carried out on all data, as well as live proactive monitoring including keyword alerting, so that not only trades, but the events leading up to those trades can be reconstructed on demand.

Gavin Davis, CEO of enepath, commented: “With the integration of Soteria™, firms using the Eclipse turret are able to effectively search through all those conversations and listen in real-time, or consolidate them in a format that can be searched and recalled as and when necessary.”

Steve Garrood, Chief Commercial Officer at Insightful, added: “With this partnership, we are empowering firms to record, store, reconstruct and analyse all communications in real-time for instant trade reconstruction and e-discovery. This not only means that businesses meet with regulatory requirements including MiFID II, but also provides them with a compliant, competitive advantage, and alleviates the very real pressures on Compliance Officers of potential fines and custodial sentences.”

Singaporean technology firm enepath, which develops voice communication technology for trading rooms, has inked a partnership agreement with Insightful Technology (Insightful), Compliance solutions specialists, to further enhance its Eclipse™ voice trading product.

enepath had signed similar partnerships with a number of technology providers to extend user capability and provide cost-effective integration between voice trading systems, which is where enepath comes into play.

Although a great deal of trading is now accomplished through electronic trading platforms, some phone trading persists across some sectors while turrets are still common on trading desks of investment banks.

The initial agreement will cover the complete range of enepath’s Eclipse™ solutions, which is designed for both buy and sell side trading firms, and Insightful’s patented technology platform, Soteria™. The list of capabilities includes the latest Eclipse Turret, which is delivered as a tablet plus docking station, and high definition (HD) integrated voice recording technology to enable the trader to work both traditionally from an office and in a remote location. Furthermore, the collaborative solution will offer multiple levels of security for users and devices to ensure traders operate in a fully secure and audited environment.

The unique combination of Soteria™ and Eclipse™ will provide financial firms with the ability to capture and store incoming data flow of prices, news, analysis and other relevant information. This then enables further Analytics to be carried out on all data, as well as live proactive monitoring including keyword alerting, so that not only trades, but the events leading up to those trades can be reconstructed on demand.

Gavin Davis, CEO of enepath, commented: “With the integration of Soteria™, firms using the Eclipse turret are able to effectively search through all those conversations and listen in real-time, or consolidate them in a format that can be searched and recalled as and when necessary.”

Steve Garrood, Chief Commercial Officer at Insightful, added: “With this partnership, we are empowering firms to record, store, reconstruct and analyse all communications in real-time for instant trade reconstruction and e-discovery. This not only means that businesses meet with regulatory requirements including MiFID II, but also provides them with a compliant, competitive advantage, and alleviates the very real pressures on Compliance Officers of potential fines and custodial sentences.”

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

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