The compliance and legal functions within organizations navigate a complex landscape of competing demands. Their critical role involves ensuring regulatory compliance while managing costs and aligning with diverse corporate strategic imperatives, including ESG (Environmental, Social, and Governance) initiatives and “Cloud-First” strategies. Additionally, these teams face the challenges posed by emerging technologies and the imperative to harness the value of communications and voice data, further intensifying pressure. This convergence of demands has generated an environment marked by intense scrutiny and an urgent need for transformative action to meet future challenges.
Legacy solutions struggle in the face of regulatory scrutiny and operational complexities relating to records retention. Compliance, legal, and IT teams must navigate a landscape of ever-evolving regulations, disparate data sources, and increasing storage costs. Failure to retain and manage records effectively can lead to regulatory fines, legal risks, and operational inefficiencies.
Challenges include:
- Managing diverse and sometimes competing retention policies across multiple jurisdictions such as SEC 17a-4, FINRA, GDPR, MiFID II, and more.
- Ensuring immutable and tamper-proof storage
- Balancing cost efficiency with long-term data access requirements
- Simplifying eDiscovery, audits, and legal hold processes
- Protecting sensitive information and ensuring privacy compliance with global regulations (GDPR, California Consumer Privacy Act (CCPA), and more)
- Making the data securely available for data science and analytics purposes
- Retaining records for tax authorities and financial audits to meet statutory obligations such as financial record keeping for the IRS and HMRC.
Behavox Records Retention, powered by Behavox Intelligent Archive, eliminates these challenges by offering a fully automated, AI-driven solution for regulatory records retention. This enables organizations to unify all their e-communication and voice communications and store them in a single place.
The solution
An AI-powered, cloud-native records management solution that provides end-to-end data retention compliance across emails, chats, voice recordings, and more. Built on Google Cloud and leveraging Behavox AI technology, our solution ensures that your organization meets stringent regulatory mandates while optimizing storage efficiency and reducing operational costs.
Seamless migration and integration
- Flexible migration options: Move Nothing, Move Everything, or a Hybrid Migration
- White-glove service to ensure a smooth transition with a complete chain of custody
- API-driven integrations with Microsoft 365, Bloomberg, ICE Chat, and more
Reduce compliance costs by over 50%
- Optimize data storage by removing redundant and obsolete records
- Eliminate manual records review and retrieval inefficiencies
- Eliminate duplicate data
- Free and rapid data extraction
- Reduce long-term regulatory risk exposure
Built for regulatory and legal teams
- Trusted by top financial institutions, hedge funds, and multinational corporations
- Ensures compliance with global and industry-specific record-keeping mandates
- Delivers a future-proof, AI-driven solution for long-term regulatory success
Get started today
Schedule a demo today to see how Behavox Intelligent Archive can transform your records retention strategy.