About a-team Marketing Services

A-Team Insight Blogs

DoubleEdge Partners with Insightful Technology to Tackle Data Compliance Challenges

Subscribe to our newsletter

Following the recent relaunch of its flagship Software-as-a-Service (SaaS) solution Soteria in April, Insightful Technology today announced a new venture with longstanding partners DoubleEdge, specialists in communications compliance, to tackle issues around the consolidation of data, vendor and technology silos for effective data compliance, surveillance and risk mitigation.

“To date, financial firms have coped with the universal burden of increasing regulation, stricter controls, and harsher penalties for non-compliance with a reactive ‘gluing and sticking’ or ‘band aid’ approach to their business system deployments and attempted integrations. In the banks’ defence, this interim culture has largely developed because of the inability to start from scratch, and therefore they must contend with inherited legacy solutions, the inflexibility of both vendor products and mentality to enable collaborative integration with other third-party solutions, and also the deployment of technically-limiting point solutions or middleware to plug the emerging gaps, as regulatory demands have grown,” explains Rob Houghton, CEO/CTO of Insightful.

“All this has fundamentally done is create not only data silos, but also technology silos and subsequently vendor silos, none of which work efficiently, or proactively counter market abuse in real-time, let alone enable historic trade reconstruction within regulatory timeframes… and all of these disparate elements are costly to manage.”

The new partnership, based on the SaaS Soteria platform, aims to address these issues by shifting both the market’s awareness of what is now possible and, equally, financial firms’ ability to protect themselves.

The solution aims to achieve this by reducing or, in some cases, eliminating a number of these silos for the real-time capture, storage, surveillance, and analysis of all forms of multimedia communications.

Additionally, through the integration with existing trade monitoring and market abuse tools via secure open APIs, Soteria also enables firms to streamline compliance monitoring and trade reconstruction processes across the business. By creating a centrally-stored and integrated view of all communication and trade activity, the solution claims to reduce the number of false positives that need to be manually investigated, enabling proactive and effective internal policing. The end result, in theory, is to lower the total cost of ownership by replacing costly, inefficient and ineffective silos, as well as by decreasing the likelihood of fines for late delivery or incomplete records, or indeed accruing substantial human resource spend.

In a segment where evidential and data integrity is gaining traction as an increasingly important issue for financial users, the Soteria solution claims to be the only option in the market to utilise non-repudiation technology to meet these requirements: using third-party certification and tokenisation to validate records.

“Through the relationships that DoubleEdge has built with numerous financial customers over the years, it has become increasingly apparent that the biggest, most urgent challenge they face is the enormous and ever-growing volume of data, from more and more different sources, that needs to be monitored and managed, against a backdrop of continually increasing regulation,” says Steve Burges, Managing Director of DoubleEdge.

“The plethora of disparate silos, usually spanning multiple geographic locations, is currently leaving the vast majority of firms on the back foot when it comes to regulatory compliance – the fact that most firms are still thinking in terms of first, second and third ‘lines of defence’ provides evidence of this. With the introduction of SM&CR looming, senior managers of financial firms are now, more than ever, incentivised to address these issues as a matter of urgency.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are Your Legacy Voice Recordings a Compliance Time Bomb?

Recent enforcement actions underscore the importance of maintaining accurate, secure and up-to-date voice and electronic communication. For some organisations, legacy voice recording systems are not at or beyond end-of-life, posing significant compliance, operational and financial risks. These outdated systems often fail to meet evolving regulatory expectations around data authenticity, retention, and accessibility. Delaying action increases...

BLOG

CUBE’s Acquisition of Acin Integrates AI-Powered Compliance and Operational Risk Management

CUBE’s fourth acquisition since early 2023 folds Acin’s AI powered operational risk network into its RegPlatform estate, promising end to end traceability from regulation to control for a client base that now tops 1,000 firms across more than 20 countries. This strategic move, backed by some of the world’s largest banks, is set to reshape...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...