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Boston, MA (May 14, 2011) - Catelas’ flagship surveillance solution for Compliance professionals extended today its presence within Financial Services industry.
Without collecting a single email, Catelas allows Compliance officers to view, on a single screen, all the corporate communications between internal business groups across Information Barriers and out to counterparties. Catelas does not sample the content but rather looks at 100% of the communication against policy. Rules created within Catelas focus on both the flow of information and the dialogs that encompass how business gets done. This allows compliance to quickly separate what is normal and expected from what is anomalous and warrants further investigation. Communications of concern is tagged for collection and automatically pulled from the archive where it is loaded for review. Reports are then generated for review by counsel.
"Our success within the Financial Services industry stems from the broad acceptance that 1% sampling of eCommunications has not yielded much success. Given the current stringent regulatory environment, our clients look to Catelas to ensure the controls that only a comprehensive surveillance solution can provide.” stated Eddie Cogan, CEO of Catelas. “Traditional tools demand that content be collected and reviewed by compliance. The scale and numbers involved make this impractical. With Catelas no communications are collected unless risk is identified, yet every communication is included. This has never been achieved before”, added Mr. Cogan.
About Catelas
Catelas, an emerging leader in Relationship Forensics, provides communications surveillance, audit and investigative solutions that uncover and grade relationships – before the content is searched. Used by Global 2000 companies for Compliance (information barriers, watch lists, control rooms), Legal (Early Case Analytics, Identification & Intelligent Collection) and Information Security (investigations & information theft), Catelas is changing the way people thing about communications analysis. For more information about Catelas, please visit http://www.catelas.com.
Press Contact:
Robert Levey
Vice President of Marketing
Catelas
One Mifflin Place
Suite 400
Cambridge MA 02138
United States of America
email: press@catelas.com
Web: www.catelas.com
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