GreenKey Technologies, an AI-driven voice collaboration platform for the financial markets, announced today a global partnership with Red Box Recorders, a market leading expert in voice recording technology and services, to create an integrated solution for embedded compliance recording within GreenKey’s software-based trader collaboration offering. Red Box technology records voice conversations over soft client phones, turrets and mobile devices on behalf of more than 500 financial firms globally. Now, clients can use Red Box voice recording technology with the trade and communications analytics, monitoring and archiving capabilities of GreenKey’s Enterprise Voice Collaboration platform and provide complete records of trade activities.
GreenKey Technologies, creator of an artificial intelligence (AI) and voice-driven collaboration tool for financial market participants, announced today that the U.S. Patent and Trademark Office has accepted its application for human speech-to-text and subsequent interpretation of spoken financial trades in a fast and accurate manner. The speech engine, “GreenKey Scribe,” is trained on terabytes of financial conversations and allows for human error correction to achieve industry-leading transcription accuracy. Scribe uses proprietary decoding techniques to transcribe audio up to 10 times faster than other engines and includes natural language processing libraries called Product Class Interpreters to automatically extract relevant data from a conversation.
One of the ongoing challenges faced by most market participants after many new rules and regulations have been promulgated over the last few years is how to capture, store, analyze and retrieve the vast quantities of data that are produced from daily communications. All major global regulators (from the US to Europe to Asia) have “record keeping” requirements, many of which have been expanded during the process of financial market regulatory reform.
GreenKey Technologies, winner of the 2015 most promising sell-side start up award and maker of voice software designed specifically for traders and brokers, announced today the USPTO has granted the company a patent for their “soft turret” functionality. The GreenKey cloud-based “software turret” completely replicates the functionality of legacy hardware turrets and lines but at a fraction of the cost. Traders and brokers simply download the voice software onto their PC, establish connections to counterparties and “push-to-talk” in real time with an unlimited amount of users.