MiFID II Compliance Recording From CallCabinet
Designed to enhance transparency, protect investors, and support regulatory oversight, our solution provides secure call recording, tamper-proof storage, and detailed audit trails to ensure compliance with European financial market regulations including the Markets in Financial Instruments Directive II (MiFID II).
Markets in Financial Instruments Directive 2014-Compliant Call Recording for Financial Institutions
MiFID II sets strict standards for recording and retaining all trade-related communications to ensure accountability and transparency in the European financial markets. CallCabinet’s solution simplifies compliance by securely capturing and storing calls, providing financial firms with the tools they need to adhere to the directive’s mandates across all calling, conferencing, and contact center platforms.
Whether you’re a bank, broker, or trading firm, our solution ensures compliance with MiFID II while improving operational efficiency and safeguarding customer trust.
Real-Time MiFID II Call Recording for Trade Communications
MiFID II mandates the recording of all communications related to financial trades. CallCabinet captures these interactions in real-time, ensuring accuracy and compliance. Our solution timestamps and encrypts every recording, providing an unalterable record for regulatory reviews and dispute resolution.
Tamper-Proof Storage and Retention
Under MiFID II, trade communications must be stored securely and remain unalterable for a minimum of five years, or longer in some cases. CallCabinet ensures compliance with these requirements by encrypting recordings and maintaining them in tamper-proof storage, with customizable retention policies that meet regulatory timelines.
Comprehensive Audit Trails for Transparency
MiFID II compliance requires financial institutions to provide detailed audit trails of trade-related communications. CallCabinet’s platform generates comprehensive logs that track access, edits, and usage of call recordings, enabling firms to demonstrate compliance with confidence.
Advanced Redaction for Data Privacy
MiFID II compliance extends to protecting sensitive personal and financial data. CallCabinet’s advanced audio and transcription redaction tools automatically mask personal information within call recordings, minimizing the risk of data breaches and ensuring compliance with overlapping privacy regulations like GDPR.
AI-Driven Insights for Proactive Oversight
CallCabinet enhances MiFID II compliance with AI-powered analytics, enabling organizations to monitor calls for specific keywords, phrases, or compliance risks. Proactive insights allow firms to identify and address potential issues before they become regulatory concerns.
Key Benefits of CallCabinet’s MiFID II Compliance Recording:
Real-Time Compliance: Automatically record all trade-related communications.
Tamper-Proof Storage: Securely store recordings with encryption and unalterable retention.
Regulatory Audit Readiness: Provide detailed logs and audit trails for transparency.
Data Privacy Protection: Redact sensitive data from audio and transcripts to comply with overlapping regulations.
Actionable Analytics: Leverage AI insights to monitor compliance risks.
Bring Legacy Data Into Today’s Business
Ensure your historical trade-related recordings align with MiFID II compliance by migrating them to the CallCabinet cloud. Our solution maintains data integrity and security throughout the migration process.
See CallCabinet’s MiFID II Compliance Recording in Action
Discover how CallCabinet helps financial institutions meet MiFID II requirements with secure, scalable, and intelligent call recording solutions.