Cloud9 Partners with GreenKey for Voice Trading Solution
Cloud9 Technologies, a provider of cloud-based communications, and GreenKey Technologies, a provider of artificial intelligence-powered conversational analytics, have teamed up to provide a solution for the secure extraction of voice trading data. The collaboration will leverage Cloud9's C9 Trader voice collaboration platform and GreenKey's speech recognition and natural language processing engine within IPC's Connexus Cloud financial ecosystem.
The collaboration will allow customers to voice-populate desktop applications, such as trade tickets, exchange clearing portals, and CRM systems. The solution can also be used to structure C9 audio files into organized lists of quotes and trades.
"Voice trading remains an important part of the capital markets landscape. The ability to repurpose unstructured data will be crucial as the regulatory landscape evolves," said Jerry Starr, CEO of Cloud9, in a statement. "With Cloud9 and GreenKey's data digitization and analytics capabilities, this collaboration ensures that the institutional marketplace is receiving the best of breed tools for voice trading."
"Institutional OTC traders want the same level of analytic capabilities their colleagues in the electronic markets have enjoyed for two decades," said Anthony Tassone, founder and CEO of GreenKey, in a statement. "We're excited to be working with Cloud9 to structure OTC voice data for their community."
Through the collaboration, Cloud9 and GreenKey will be able to identify all products, pricing, and counterparties within the C9 audio recording. Customers will then be provided with a full report detailing the data.
Dictation as a Service is a cloud-based financial trade recording and transcription service.