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Boston, MA (August 31, 2010) - Catelas, an emerging leader in Relationship Forensics, announced today that a major US financial services firm has deployed the Catelas Communications Surveillance solution for Compliance. Catelas is being used to analyze every communication in the company and visualize compliance to information barriers - all without collecting a single email. Additionally, Catelas is used to visualize the communications networks associated with lists (watch lists, grey lists) and measure compliance by quickly understanding 'who spoke to whom, about what and when'.
"Random sampling and keyword monitoring have been in use for about a decade now and have yielded very few successes." stated Eddie Cogan, founder & CEO of Catelas. "Without increasing resource, Catelas allows Compliance to easily identify regulatory risk, if it's there. Because we look at every communication, not just a sample, compliance can be confident that their surveillance is comprehensive."
"Given increased government oversight of financial services firms, it is no longer enough to 'satisfy' compliance requirements." continued Mr. Cogan, "It is far more important to identify risk and to proactively avoid adverse events."
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
36 Washington Street, Suite 320
Wellesley
Main: 617-795-7339
email: press@catelas.com
Web: www.catelas.com
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