A Tier 1 bank had a large amount of legacy voice data at a secure UK location. Data for the 16 custodians being investigated was not accurately tagged so the process of interrogating it was largely manual.
Modern scandals in financial services revolve around recorded data because, to misquote Fox Mulder, the truth is in there. When the recording medium is magnetic tape, however, the task of unearthing that truth can be Herculean in scale.
When you set up an energy trading business you need a corporate level of infrastructure; even with a head-count below five. JP Reis were approached to set up an office for a new energy trading firm that had three managers and an admin assistant.
When some companies talk about corporate social responsibility they are referring to external initiatives which are completely unrelated to core business activity. This doesn’t mean an initiative is bad but it may mean it’s a superficial “papering over the cracks” exercise that is far outweighed by the negative impact of a firm’s day to day […]
JP Reis consultants were called in to map out a five-year strategy plan for a national telecom supplier. Having anticipated a largely technical challenge it became apparent, after numerous management interviews, that the client organization had considerable technology know-how.
JP Reis were called upon at short notice to remediate a growing list of outstanding Audit points surrounding an ageing trading, intercom and global voice recording infrastructure of a Tier 1 Investment Bank.
Volatility and uncertainty drive profit generation in some capital markets. The same cannot be said when investing in trading infrastructure. It is shrewder to take an informed, incremental approach to your technology decisions or you may be seeing red 12 months down the line.
JP Reis assisted the commissioning of over 3500 trading turrets at a client location in a 16-week window. This was an incredible number for such a short timeframe and meant over 2,500 traders could start work in their new office on the Monday morning with no downtime.
I have a very simple philosophy on projects: There are good projects and bad projects. Everyone looks good on good projects and on bad projects everyone looks bad. Throughout my career I have encountered situations where something has gone wrong and people revert to the ‘but it wasn’t my fault’ response. Those of you who […]
This blog should be a retrospective. Sadly it’s not. The exemption on mobile voice recording in FSA regulation PS10/17 was lifted in November but the surrounding issues are not resolved. Some institutions have achieved compliance but that is not enough. We discussed this topic in May when Marc Henson explained that the key discovery […]