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Verint Financial Compliance

Score8 out of 10

2 Reviews and Ratings

What is Verint Financial Compliance?

Verint® Financial Compliance™ (VFC) is a communications compliance solution that helps organizations capture, retain, manage, and analyze trade-related interactions across traditional and digital communication channels and platforms.

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Categories & Use Cases

Videos

Top Performing Features

  • Common repository of GRC items

    A common repository linking all GRC elements such as policies, risks, regulations, etc.) to give a 360 degree view

    Category average: 7.4

  • Risk management

    Risk management capabilities including alert engine to warn of trending risk exposure and risk visualizations like heat maps, dashboards, etc.

    Category average: 7.4

  • Incident management

    System captures risk-related incidents, including cause and result

    Category average: 6.8

Areas for Improvement

Great for recording turret systems

Use Cases and Deployment Scope

we use Verint Financial Compliance as the call recording solution of choice when integrating with trading turrets due to its ability to separate simultaneous conversations and provide direct playback. It has proven reliable and useful enough that it is also used for all other call recording solutions that we require for standard phone systems also.

Pros

  • identifies individual conversations on the turret
  • allows direct playback from turrets without a proxy
  • includes an announcement feature (you call may be recorded...)

Cons

  • license usage and reporting is a little confusing
  • purging empty/silent recordings was not simple

Return on Investment

  • meets the recording compliance needs for a turret solution
  • playback from the turret means little user training required

Usability

Alternatives Considered

OpenText Qfiniti

Other Software Used

Cisco Unified Communications Manager (Call Manager)