Qumram Debuts Unique RegTech Solution at CeBIT 2017

Nicola Cowburn
By
Nicola Cowburn
March 3, 2017
Events

 

Heralding Qumram’s market entry into Germany, Qumram will demonstrate fully-compliant session recording and session replay, of all multi-channel user interactions

Qumram will exhibit at the ever-popular CeBIT fair in Hannover, Germany.

We will participate on the Swiss Pavilion stand (Hall 6, E30) on 20-21 March, and on the Swiss Start-up Pavilion stand (Hall 11, B51) on 22-24 March, at the invitation of CTI (Commission for Technology and Innovation) and Qumram partner Swisscom.

Qumram allows all digital activity and interactions (web, social, mobile) to be recorded and replayed, in movie-like form, providing a transparent digital audit trail for financial services organizations. This is the only solution in the market that enables banks, investment and wealth management firms, insurance companies, and other financial institutions, to see exactly what their customer saw, when interacting with the firm via digital channels. It is also the only solution to provide fully-compliant social media recording, on LinkedIn, WeChat and WhatsApp.

Qumram empowers banks to embrace digital transformation, while ensuring compliance with global regulatory requirements for digital record-keeping: MIFID-II, FINRA, SEC, ESMA, FFSA, FIDLEG, the Department of Labor fiduciary rule, and more. Qumram also delivers unique employee surveillance capabilities, to detect internal fraud, as well as enabling customer lifecycle management and providing actionable insights that improve customer experience.

Since December 2015, Qumram has attracted seed and angel investments totaling 4.6 million Swiss Francs, and has grown the client base substantially. In Switzerland, Qumram has secured contracts with UBS (globally), many of the Kantonalbanks, and insurance companies, including Swiss Mobiliar and CSS Insurance. In 2016, Qumram added key accounts in the UK and USA, including Seattle-based Russell Investments.

Patrick Siegenthaler, Director Business Development DACH at Qumram, commented: “Our solution is very popular in Switzerland, the UK and USA. Financial services organizations in Germany face the same demands from their customers to ‘go digital’, but it is a challenge due to the highly-regulated nature of the industry. With Qumram, you can engage with customers on the channels they prefer, while also safeguarding against non-compliance. We are excited to debut our solution to the German market at CeBIT.”

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