Mobile Voice Recording.
All financial transactions made via phone call must be recorded and stored for five years.
MiFID II regulation becomes law in EU countries on the 3rd January 2018. All financial transactions made via phone call must be recorded and stored for five years. MiFID II regulation requires all communications that are intended to lead to a transaction to be recorded. Failure to comply by this date will mean fines of up to 5% of global turnover!
Introducing Samsung MVR.
The Samsung MVR solution records all voice calls and texts on a Samsung phone and stores this data for five years in a UK secure data centre. Secure access is provided via a web portal for authorised staff to play back calls and read texts. The solution is Network agnostic, anywhere in the world. There is no on-premise equipment required as the solution is cloud-based. All recorded data can subsequently be forwarded to a customers’ own storage facility.
Data recorded securely on the device, NOT in the carrier network
The only ‘OS’ based mobile recording solution
Invisible to the user and tamper proof (uses the device’s native dialler and text)
Supports containerisation of email and apps through Samsung Knox
Works on Samsung devices only (Apple do not allow on-device recording)
Biometric authentication and WhatsApp recording will be available in the future.
Investment managers and advisors, Stockbrokers, VC firms, Discretionary investment managers (private client wealth managers), Energy market participants, Third country branches of UK financial services companies, Retail financial advisors and all corporate finance business relating to the execution of a transaction.
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