MobileGuard Unveils MessageGuard for FINRA Compliance
November 27, 2012
By Carolyn J Dawson
, TMCnet Contributor
MobileGuard has unveiled MessageGuard, which will enable organizations to comply with FINRA. Organizations will be now able to capture text messages and read text messages on the Web by using Message Guard. MessageGuard allows archiving and tracking of SMS, MMS and mobile instant messages and other forms of messages. All forms of messaging communications can now be logged, stored, reviewed, mined and administered by enterprises on business mobile devices.
MessageGuard is compatible with text or SMS messages for Android, Blackberry and Apple iPhone (News - Alert) mobile devices, along with BBM, IM and PIN messages for Blackberry. Mobile messages comprising of telephone call logs and voice conversations can now be recorded, captured, tracked and archived with MessageGuard. Organizations can therefore set up internal compliance policies for their mobile workforce using the MobileGuard offering.
All the messages can be transmitted straight from the mobile device with the MessageGuard Monitoring, Archiving and Compliance solution. The solution also allows the messages to be safely stored in the organization’s archiving server. Organizations are therefore guaranteed complete protection of data. Customers are offered a choice of a hosted offering or an on-premise offering. While the hosted solution can be provisioned very quickly, the on-premise solution can be implemented in a MobileGuard appliance or on the customer’s hardware.
Compliance of mobile communications is considered to be very critical in the financial services and insurance industries. The easy to install MessageGuard mobile compliance solution can be configured in an economically viable manner. Both large financial services organizations and smaller institutions can now track and archive their SMS and other mobile messages with the MessageGuard mobile compliance solution. The solution can also track iPhone, Blackberry and Android (News - Alert) messages.
It is imperative for organizations in enormously regulated industries like financial services, insurance and government agencies to store communications. It is also mandatory for them to provide all the electronic messages when required.
Financial services organizations are required to frequently review their representatives’ electronic messages, file the visual inspections and make a note of any resulting actions, as per the SEC (News - Alert) and FINRA regulations. An all-inclusive solution capable of intercepting and backing up text messages is now provided to all regulated as well as non-regulated industries.
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Edited by Brooke Neuman