How they describe themselves: Qumram provides a complete digital audit trail for financial services organizations, in accordance with key global regulations (MIFID-II, SEC, FINRA, and more). With Qumram, every digital interaction and transaction – web, social and mobile – can be recorded and replayed, at any time. Qumram is the foundation that Risk and Compliance professionals rely on for true digital business compliance. We create a single source of truth, recording indisputable evidence of every keystroke, button click and mouse movement. Qumram satisfies the regulator, resolves disputes, aids fraud detection and customer service, and enriches customer experience to drive revenue growth.
How they describe their product/innovation: Client demand for digital interaction has never been higher. Financial services organizations must respond in order to remain competitive. Qumram’s Employee Governance solution provides digital surveillance that safeguards both financial institutions and their clients. Qumram enables true multi-channel communication, without fear of non-compliance. All digital engagements, interactions and transactions, via any social media, are recorded and retained for compliance. Critical content is automatically detected, and all user sessions are easily retrievable. Qumram solves the top two challenges facing financial services institutions today: how to embrace digital transformation, while mitigating risk and ensuring compliance.
Product distribution strategy: Direct to Business (B2B)