BlackBerry and VoxSmart, a leading mobile surveillance and compliance firm, are announcing today the companies have partnered to help financial services firms comply on time with the European Union’s Markets in Financial Instruments Directive (“MiFID II”).
Together with BlackBerry UEM (Unified Endpoint Management), which connects and manages endpoints, VoxSmart’s patented technology VSmart™ will provide financial services firms with the ability to capture, record, store and analyze mobile voice, text and third-party instant messaging applications such as WhatsApp and WeChat. MiFID II, which comes into effect on January 3, 2018, demands that all financial services firms in Europe must keep records of all services, activities and transactions for at least five years. Records include all electronic and instant messaging communications, telephone conversations and text messages related to or intended to conclude in a transaction, even if one does not occur. The directive seeks to make financial markets in Europe more resilient, transparent and investor-friendly. “ Together with VoxSmart, we can enable businesses around the world to effortlessly capture conversations on endpoints including smartphones, wearables, tablets, and laptops,” said Florian Bienvenu, SVP of EMEA Sales, BlackBerry. “This joint solution is an excellent example of how BlackBerry is leveraging its software portfolio and developing strong partnerships to secure the Enterprise of Things.”