Behavox to Help Denmark’s Largest Bank Navigate an Unprecedented Regulatory Landscape

 

As businesses around the world reconcile the lasting effects of COVID-19, compliance departments have been forced to promptly adapt to the challenges of our disrupted work environments. 

Staggered economic re-openings and the possibility of a second wave of infections have created regulatory nightmares: decentralized networks, overwhelmed IT departments, and undefined business continuity protocols. As a result, financial institutions remain especially vulnerable to compliance breaches, employee misconduct, and external cyberattacks.  

In the face of such unique uncertainty, Behavox’s services are more important to our clients than ever before. Our cloud platform and AI capabilities provide firms with the solutions needed to be agile in adjusting to non-traditional, remote working. This SaaS approach allows firms to monitor for all levels of risk despite new corporate norms.

Today, Behavox’s newest customer exemplifies that. We are thrilled to announce that Danske Bank A/S, Denmark’s largest full-service bank, has chosen Behavox as its platform for electronic and audio communication compliance supervision.

Our ability to aggregate and analyze data will make this banking giant even faster, sharper, and more agile in supporting hundreds of branch sites and millions of clients throughout the Nordics. 

Executive Vice President Simon Kingsbury highlighted that Danske selected Behavox for our powerful data analytics and ability to detect immediate actions to ensure company-wide compliance. Our products’ unquestionable ability to meet the demands of international regulators such as FINRA, the Danish FSA, and the FCA supports Danske’s decision to employ our cutting-edge services. 

While remote working has surely illuminated indisputable obstacles for businesses around the world, it has also exemplified how cloud technology plays an increasingly essential role in supporting our global economy. This announcement represents our continued dedication to the global customer. We are excited to add Danske to our growing list of partners across the US, Canada, Europe, and Asia. 

We look forward to helping an esteemed institution like Danske navigate the ever-shifting regulatory environments. Read more about our largest European customer win in our full announcement.