About a-team Marketing Services

A-Team Insight Blogs

MCO Acquires Fairwords E-Comms Surveillance Platform

Subscribe to our newsletter

Conduct risk and compliance technology provider MyComplianceOffice Inc. (MCO) has acquired Fairwords, developer of AI-powered electronic communications software that captures digital communications while proactively enforcing policy. Terms of the transaction weren’t disclosed.

Fairwords’ communications compliance software provides proactive training, analytics, and archiving to mitigate communications risks and prevent compliance crises and lawsuits. Using the system, compliance teams can monitor and flag risky communications, while archiving digital messages in compliance with regulatory requirements.

According to MCO CEO Brian Fahey, “With this acquisition, we will further augment our solution for exceptional integrated surveillance capability across all transactions, employees, and third-party entities.”

For MCO, the acquisition adds value in two ways. First, it will underpin the expansion of MCO’s integrated surveillance solution to encompass digital communications, thereby strengthening its ability to identify potential compliance issues. Second, it will enhance MCO customers’ ability to ensure communications compliance across various channels while fostering a robust culture of compliance within their organizations.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Proactive RegTech approaches to fighting financial crime

Financial crime is a global problem that costs the economy trillions of dollars a year, despite best efforts by financial services firms, regulators, and governments to stem the flow. As criminals become more sophisticated in how they commit financial crime, so too must capital markets participants working to challenge criminality and secure the global financial...

BLOG

Sumitomo Mitsui Trust Asset Management Selects Bloomberg Data Solution for SFDR Compliance

Sumitomo Mitsui Trust Asset Management has adopted Bloomberg’s data solution dedicated to helping firms meet the European Union’s Sustainable Finance Disclosure Regulation (SFDR). The asset manager is one of the largest in Japan and Asia, a signatory of both Japan’s Stewardship Code and Principles for Responsible Investment, and is actively pursuing initiatives to address ESG...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...