Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

BUSINESS

Red Box Recorders, the leading compliance recording solutions provider, has introduced new functionality designed to provide an additional level of assurance for financial organisations required to meet the increasingly stringent call recording regulations, such as MiFID II and MAR.

‘Quality of Recording (QoR)’ provides real-time analysis of audio calls to ensure that recordings have been successfully captured and are of a sufficient audio standard to facilitate future analysis when regulatory or dispute investigations occur. If an inaudible or inferior recording is identified then an alarm is immediately raised via Red Box Recorders’ Insight multi-channel management platform, either via web console, email reports or automatically published to network management tools.

It extends the functionality of Red Box Recorders’ ‘Daily System Check’, which automatically verifies that all telephony devices that should be recorded are operational, and forms part of the organisation’s proactive end-to-end performance guarantee. It can be provided as part of a toolset or offered by Red Box Recorders as a managed service.

Red Box has developed ‘Quality of Recording (QoR)’ to address the challenges around the capture and quality of call recordings which can be impacted by several issues outside of the recording system itself, including network bandwidth, performance and availability. It is not uncommon for organisations to leave recordings in storage for long periods of time until a future event requires retrieval and playback. If there is no other quality check other than occasional playback, there is a significant risk that unusable recordings may have been generated for a long period without the root cause being addressed.

Pete Ellis, COO at Red Box Recorders, said: “Quality of Recording is the latest feature that enables Red Box Recorders to manage the end-to-end integrity of all components in the chain of communications, from the telecommunications connections where a call originates all the way through to long-term storage of recordings. Its introduction further consolidates our position as the leading compliance recording solutions provider and will give our customers added peace of mind.”

Continue Reading

Recent Posts