Luware Recording has partnered with financial compliance software specialist comitFS to enhance regulatory compliance solutions. Leveraging comitFS's 20 years of expertise, this collaboration aims to prevent recording gaps, meet stringent reporting timelines, and expand Luware Recording’s service offerings, ensuring customers confidently meet evolving regulatory requirements.
Every conversation in the world of regulatory compliance is critical to prevent regulatory breaches. A single missed recording could be pivotal in a regulatory investigation and result in significant fines to the business. While businesses have always reported gaps to regulators, the timeline is now expected to be within seven-days for some customers. Proactive recording assurance is essential to defend against potential gaps in recording. That’s why Luware has partnered with comitFS, a leading software specialist in the field of financial compliance.
With 20 years of experience in recording systems and trading floor solutions, comitFS excels in developing software to address complex challenges for some of the largest financial institutions in the world. Our partnership will be able to leverage comitFS’s expertise to expand our offerings and meet demanding customer requirements, while we continue to focus on our core SaaS recording platform. Through our partnership with comitFS, we aim to enhance our long-term recording assurance processes. In the short term, this collaboration allows us to meet the custom regulatory compliance needs of our customers using comitFS's readily available and established products.