Bringing you live news and features since 2006 

Qumram selects Russell Investments for digital record-keeping

RELATED TOPICS​

Qumram, a provider of digital interaction audit solutions for the financial services industry, has been selected by Russell Investments to provide compliant digital record-keeping.

As client demand for digital communication and transactions has risen, so too has the compliance risk.
 
Qumram mitigates this risk at Russell Investments by recording and retaining all digital interactions on the firm’s corporate website in real-time, in accordance with global regulatory requirements.
 
“We are excited and honoured that a US-headquartered asset manager as successful and highly regarded as Russell Investments has entrusted the compliance of their digital business to Qumram,” says Patrick Barnert (pictured), CEO at Qumram. “Since 2011, we have been helping enterprise firms in heavily regulated industry sectors embrace digital business, while safeguarding against non-compliance. We are delighted to be partnering with Russell Investments to achieve that goal.”
 
Increasingly, regulation is focusing on digital record-keeping to ensure consumer protection in financial services. Most, including US SEC 17a-4, and MIFID II in Europe, require 100 per cent capture and retention of all digital interactions, and immediate access to them, for a period of up to seven years.
 
Since websites generate personalised, user-specific content and data, with a digital record-keeping tool like Qumram, companies can capture a complete view of every digital interaction – serving their clients’ needs, while also remaining compliant.  

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by