NextGen introduces a user-configurable rules engine enabling multi-standard compliance by exception.
So, firstly, what do we mean by NextGen?Ī key question that multinational organisations are grappling with is how to comply with the demands of all of these new standards? Do you have a system for each? Do you develop your own corporate privacy policy which embeds the key principles of those that impact your organisation? How do you handle differences between legislations where they conflict? Proteus®GDPReady™ was the first iteration of Proteus® NextGen Data Privacy™. Whilst there are now many more data standards being prepared and introduced in countries around the world, so far all appear to be based largely upon the principles of GDPR, albeit with local emphasis (eg the CCPA’s focus on onward selling of consumer lists). GDPR took a giant step forward in updating data privacy standards and set the new benchmark worldwide.
Proteus was the first company to launch a GDPR-specific software tool, Proteus®GDPReady™ which, according to our clients, is by far the most complete and comprehensive GDPR tool in the marketplace. The rules in regards to call recording state that recordings must be maintained in a searchable format for a period of at least one year, on the premise of the organization, and must be able to be retrieved within 72 hours.Proteus® NextGen Data Privacy™ Leading the way All communication amongst the parties are to be monitored by the same rules Must be able to reconstruct trades as they happenedģ. All communication between parties must be recordedĢ. The record-keeping rules outlined in the Dodd-Frank Act come down to 3 main regulatory requirements:ġ. These regulations mandate that financial institutions keep all records of trading activity on their premises with easy accessibility.
The Dodd-Frank Wall Street and Consumer Protection Act is a federal statute signed into law by the Obama administration that is the largest overhaul in financial regulations since the Great Depression. Build multiple complex search terms to identify specific calls by their spoken content and change the search terms at-will without having to re-index calls.Indexes in real time and automatically categorises at call termination.Capable of sampling your entire call store, not just selected recordings.Phonetic-based speech recognition system.High levels of security through encryption, digital fingerprinting and multi level account types.Carrier-grade architecture for high availability and resilience.Records PBX, cell and Trader systems through one system.Attribute call costs and line rental directly to departments or individual traders.Track assets using the private wire inventory.