Hedge fund firm Brevan Howard Asset Management has partnered with Behavox, a provider of a suite of security products that help compliance, HR, and security teams protect their organisations and colleagues.

Elwood Technologies Services Limited and Coremont LLP, which are affiliated with Brevan Howard, will also be part of the Behavox deployment. Elwood provides an end-to-end crypto trading platform to financial institutions and Coremont provides portfolio management services.

The shift to a more distributed working environment has forced many global financial institutions to update their legacy compliance controls to include innovative solutions, such as Behavox Compliance, which ensure firms are able to monitor 100 per cent of their corporate communications for market abuse and misconduct.

The implementation at Brevan Howard follows significant demand for Behavox solutions from crypto firms as they aim to tighten their compliance controls.