Smarsh, a provider of hosted archiving solutions for compliance and e-discovery, recently announced at FINRA’s 2016 Annual Conference the availability of Assisted Review.
The offering is a program that features outsourced review services for organizations subject to supervision obligations for electronic communications.
From the company’s announcement:
While the volume of content requiring supervision continues to grow exponentially, the Financial Industry Regulatory Authority (FINRA), the Securities & Exchange Commission (SEC) and other regulators require systematic supervision of an expanding range of content types such as email, social media, instant messages and text messages. As a result, the time, costs and human effort required to conduct thorough reviews of correspondence is rising steeply, while financial services firms struggle to keep pace.
All told, Assisted Review combines several technology and service components in a “comprehensive solution,” enabling Smarsh clients to satisfy compliance requirements while reducing what the company calls the burden and costs associated with the message review process.
“Through the Assisted Review program, we deliver a comprehensive solution that’s purpose-built to simplify and strengthen what firms must do to meet regulations and maintain a culture of compliance,” said Stephen Marsh, Smarsh’s CEO. “Managing supervision programs for message review can be time-consuming and costly, and our clients are thrilled they can now offload the heavy lifting so they can spend their time more effectively on other things.”
To learn more about Smarsh and Assisted Review, click here.