Collaborative Compliance Cloud Solution Unveiled by IPC Systems and Kerv

IPC Systems has announced a collaboration with Kerv to introduce a new compliance cloud solution aimed at addressing the regulatory challenges faced by financial services organizations. This partnership integrates IPC's global trading network and cloud services with Kerv's Compliance-as-a-Service capabilities, offering a solution designed to enhance compliance management across multiple communication channels.

Kerv's Compliance Cloud will assist businesses in managing compliance and reporting obligations across various communication methods, including voice and messaging, in a secure and efficient manner.

James Tonks, SVP of Partner Development at IPC Systems, stated that the integration of Kerv's expertise into IPC's existing offerings seeks to support clients in navigating complex regulatory requirements. Ravi Sharma, Head of Cloud and Technology Strategy at Kerv, emphasized the increasing challenges of managing compliance within hybrid communication environments. He pointed out that this solution aims to provide a proactive approach to compliance, potentially easing operational burdens for participants in the financial markets.

The compliance solution will feature data aggregation with advanced monitoring capabilities, streamlined call detail record reconciliation, rapid issue resolution, early identification of potential compliance issues, and a focus on enabling clients to concentrate on their core business activities.