IPC Systems has partnered with Compliance-as-a-Service provider Kerv to introduce a new solution aimed at simplifying regulatory compliance in the financial sector. The collaboration combines IPC’s global trading network and cloud infrastructure with Kerv’s expertise in compliance management, creating a platform that supports multi-channel communications compliance.
The new service leverages Kerv’s Compliance Cloud to help financial institutions monitor and report on compliance across voice, messaging, and other communication channels. This approach is designed to address increasing regulatory demands, providing organisations with a more secure and efficient way to manage communications data.
“Kerv has a strong reputation in the financial markets, with a proven track record of delivering compliance solutions to both tier-one investment banks and mid-tier firms,” says Colin Allison, Product Manager, Financial Markets Compliance at IPC, in conversation with TradingTech Insight. “IPC, meanwhile, is a leading provider in trader voice, and we have a history of successful collaboration with Kerv. As the industry continues its shift from on-premise solutions to cloud-based, service-oriented models, Kerv’s Compliance Cloud is a natural evolution. At IPC, we recognise that regulatory compliance can’t be addressed piecemeal; firms need a comprehensive solution that covers all regulated communication channels. With increasing regulatory demands, such as MiFID, Dodd-Frank and MAD/MAR, and new operational regulatory frameworks like DORA, it’s essential to have a coherent compliance strategy. By partnering with a specialist like Kerv, we’re able to deliver a robust, end-to-end compliance offering, backed by IPC’s five decades of industry expertise.”
Key features of the solution include unified data aggregation with AI-driven analysis for cross-platform compliance, streamlined call detail record (CDR) reconciliation, and rapid issue resolution to ensure operational continuity. Additionally, proactive monitoring flags potential compliance issues early, reducing risk and allowing clients to concentrate on their core business activities.
“This partnership enables us to deliver on something we’ve championed for a long time: proactive surveillance,” says Allison. “With regulatory scrutiny increasingly focused on data capture and management, particularly around off-channel communications like WhatsApp, firms need to ensure all channels are monitored effectively. By leveraging AI and natural language processing, we can now index and analyse data at scale, making connections that human operators might miss. This approach allows compliance teams to generate meaningful insights, structure data more effectively, and identify risks in real-time—achieving a level of data analysis and connectivity that simply wasn’t possible before.”
Ravi Sharma, Head of Cloud and Technology Strategy at Kerv, comments: “Managing compliance in today’s multi-channel, hybrid communications environment is increasingly challenging. This innovative approach delivers a proactive, efficient and future proof compliance solution that relieves a considerable operational burden for financial markets participants.”
The new service is due to go live by the end of November.
Subscribe to our newsletter
