GreenKey to Roll Out Voice Capture Tool for Symphony Users
GreenKey, creator of a voice workspace for financial market collaboration, has released a pilot version of its voice quote capture tool. Through a partnership with Symphony Communication Services, a communications and workflow technology company, the tool will be available for testing by select customers.
By incorporating voice, Symphony and GreenKey will ensure conversations can be recorded in a secure environment to meet regulatory compliance needs.
The pilot will allow select Symphony users to evaluate and provide feedback on the product. Symphony expects to make the application available in its app store during the second quarter.
"We're excited to collaborate with Symphony, as we both share the same goals of making the markets safer, smarter, and cheaper," said GreenKey CEO Paul Christensen in a statement. "Some of the world's largest banks and inter-dealer brokers have expressed great interest in this innovative voice quote capture tool and are anxiously awaiting its release, particularly to solve their pre-trade transparency challenges for voice quotes that are required under the 'Systemic Internaliser' (SI) and 'Organised Trading Facility' (OTF) regimes of MiFID II. This tool is the first of many we are planning to release to help clients enhance their global compliance capabilities in this heightened regulatory environment and to unlock the value of data analytics for voice."
GreenKey is offering its speech recognition technology for financial firms as open-source software through the Symphony Software Foundation.
GreenKey and iMarket have teamed up to interconnect their voice technologies for financial services firms.
VoiceKey has applied for a U.S. patent for its Scribe speech-to-text application for financial services firms.