Channel Opportunity: Compliant mobile financial communications
Solution for recording voice & text on employee personal BYOD phones
Tap major new revenues with the award-winning mobile solution for financial services customers
Financial services and banking companies are required to maintain records and archives by financial industry regulators.
In the case of firms handling financial transactions such as stock trades and securities purchases, the rules require recording of the communications around these transactions.
Mobile-X Extend is a breakthrough service that enables voice and text messages on employees’ personal BYOD phones to be captured and recorded for compliance. It requires no special apps or training to use, and it never violates employee privacy.
Ready to enable your business customers to be both mobile and compliant? Our channel partners are winning new revenue streams in financial services with this groundbreaking solution.
Mobile-X Extend, The BYOD Business SIM™
Get a demo: See how to turn any eSIM-enabled personal phone into a full-featured business extension
The Communications Compliance Crackdown
In the US, the Securities and Exchange Commission requires that communications pertaining to a financial transaction involving securities must be recorded and retained.
In late 2021, the SEC began cracking down on financial services companies that are violating these compliance requirements. J.P. Morgan Securities was fined $200 million for record-keeping violations because employees conducted regulated business activities on personal devices and with personal accounts.
If financial services is one of your customer segments, or if you want it to be, then you can bring your customers a powerful new solution to avoid major fines.
Channel Opportunity: Making BYOD Ready for Business
Now financial services and banking employees can be mobile, in touch and compliant all at the same time.
- Embeds a full-featured business extension in any BYOD smartphone
- Delivers simple, app-less Mobile Unified Communications for Work-from-Anywhere
- Integrates mobile phone as an end-point in UCaaS or other unified communications platform
- Captures voice and text on personal BYOD for recording
- Identifies all business communications with business ID and numbers
- Keeps all personal communications remain 100% personal and private
The Award-Winning Work-from-Anywhere Solution
No other device or app works in as many locations as the mobile phone. That’s why mobile phones are the communications devices of choice in the new Work-from-Anywhere world.
Mobile-X Extend enables any personal BYOD phone to become a fully featured business extension. Now employees can use consistent, business-quality communications at home, in the office, on the train or wherever they happen to be. It is the industry’s premier solution for mobile employees, work-from-home, hybrid and work-from-anywhere programs.
Mobile-X customers can cut landlines and desk phones and company-paid mobile phones. They are reducing their carbon footprints and improving worker reachability and productivity with more flexible and timely communications.
The Channel Opportunity in Compliant Mobile for Finance
Our channel partners capture major new business and recurring revenue streams with very sticky services for financial services companies.
Communications Service Providers (CSPs)
Providers of Unified Communications as a service (UCaaS) can seamlessly extend their services to mobile phones with Mobile-X Extend. You can use any standard recording solution to record voice and SMS text on mobiles, including a system already being used for landline recording. Mobile-X Extend is a turnkey white label service you can sell under your own brand. Unlock major new revenue streams and value added services to financial services and banking customers.
Value-Added Resellers (VARs)
Resellers of Information Technology and communications products and services are winning major new mobile revenues with Mobile-X Extend. Seamlessly extend your business customers’ communications to mobile phones without any apps to install or special training. Employees simple use their phones’ regular native interfaces and business calls and texts are automatically captured for recording and archiving.
Mobile Service Resellers
Agents and resellers of mobile services can offer new high-value solutions tailored to the unique compliance needs of customers in the finance industry. Our turnkey Mobile-X Extend service is easily rebranded and combined with any existing mobile offering to enable you to deliver differentiated service your customers will love.
Enterprise System Integrators
Enterprises of all types and sizes are adopting new Work-from-Anywhere models that boost employee productivity and streamline operational processes. Mobile-X Extend is a turnkey, white label offering that integrates personal BYOD phones seamlessly into enterprise systems. Now your projects can offer a powerful mobile-enabled user experience that requires no applications or special training.