neo recording suite provides work council access rights, fail-safe reliability and encryptionHoesbach/Germany, May 23, 2016 – ASC Technologies today announced its neo recording suite will help to meet the needs of global financial institutions participating in EU member states under MiFID II (Markets in Financial Instruments Directive).

A new section of MiFID II requires complete and secure documentation and storage of customer consultations, whether by phone, chat, email or in person.
The implications of the new regulation, effective as of January 2018, are wide ranging and will impact all financial institutions participating in EU member states.

ASC’s documentation system provides individual and works council conformal access rights, flexible redundancy scenarios for the highest reliability and state-of-the-art encryption mechanisms to fulfill MiFID II regulations.
Marco Mueller, Chief Operating Officer of ASC, said, “An extended period of planning is often necessary to properly fulfill MiFID II guidelines. Organizations can differentiate themselves from the competition by doing so in advance with ASC’s recording solution.”
MiFID II aims to facilitate a safer and more transparent financial system by enhancing regulatory requirements, market transparency and investor protection.

ASC’s recording systems are especially designed to meet these goals in a fail-safe manner, thus ensuring business continuity.
The neo recording suite creates a stable working environment ideal for mission-critical applications. When the recording suite is combined with the analytics solution INSPIRATIONneo for Compliance, financial institutions can automatically search for critical content and protect themselves from liability in the process.
For more information about ASC’s portfolio, please visit www.asctechnologies.com.
About ASCASC is a worldwide leading software company with innovative solutions to record, analyze, and evaluate corporate communications.

All multimedia interactions in contact centers, financial institutions and public safety organizations are documented and analyzed.

The content of communications becomes transparent, critical information is generated and market trends are revealed, providing real-time business intelligence for immediate management action.
ASC solutions make customer experience measurable.
Specific actions can be taken to significantly improve customer retention, increasing corporate revenue and creating sustained loyal customers.

Thus, ASC’s customers are always one step ahead of the competition.
ASC also offers its solutions to be used in a Cloud.

Therefore, customers have the choice to retrieve Software as a Service, on demand and always up-to-date, without any risk or pre-investment, and in the most flexible manner.
With subsidiaries in the United Kingdom, France, Switzerland, the United States, Brazil, Japan, Singapore and Dubai, as well as certified and vastly experienced distribution partners, ASC’s ambitious projects span more than 60 countries. Headquartered in Germany, ASC is a powerful global player with an export quota of over 70 percent and a worldwide service network.
For more information, contact:ASC Technologies AG ∙ Seibelstrasse 2 – 4 ∙ 63768 HoesbachAnna Lederer, PR & CommunicationsPhone: +49 6021 5001-247Fax: +49 6021 5001-310E-mail: a.lederer@asc.deInternet: www.asctechnologies.com