Mobile recording for compliance within financial markets is under review across most of Europe. Norwegian regulatory authorities have already taken the plunge, with a 1 April 2011 deadline and the UK follows with enforcement beginning from 14 November 2011.
As with all new technology much can be learned from early implementations. As Business Systems engagement in the initial Norwegian projects comes to completion, considerable experience has been gained from which its UK customers will clearly benefit.
Offering a wealth of knowledge in areas such as seamless installation and enterprise roll-out Stephen Thurston, Director at Business Systems’ comments: “Our implementations in Norway clearly demonstrate to the UK financial services market our ability to deliver proven, patented technology. This will provide great confidence to those who might have been concerned in meeting the FSA November mandate.”