RIMES and SOTERIA Provide Integrated Surveillance

SOTERIA and RIMES Technologies Partner to Provide a Real-Time Integrated Trade and Communication Surveillance Solution for Financial Services

London UK, New York, USA – 8th October, 2019

SOTERIA, the Real-Time Communication Compliance and Surveillance solution, and RIMES Technologies, a leading provider of managed data and RegTech services, have today announced a partnership to provide an integrated, best-in-class Market Abuse and Insider Dealing Detection capability to financial services firms. The new solution will unify the disparate areas of trade and communication monitoring and provide firms with the most comprehensive surveillance capability on the market.

The partnership combines SOTERIA’s powerful capabilities around the capture, storage, recall and surveillance of all audio, video or electronic communications, with RIMES’ multi-award-winning RegFocussmMarket Surveillance service, which delivers the comprehensive monitoring of financial instruments and asset classes. The collaboration transforms the way Supervision and Compliance personnel approach the investigation of transactions and associated market and communication activity in both buy- and sell-side organisations,

The partnership comes at a time when regulatory pressures around market surveillance are increasing. These include the emergence of new regulations such as SM&CR in the UK and Regulation BI in North America, as well as the maturing of landmark regulations such as MAR. Additionally, firms are having to keep pace with the increasingly advanced market surveillance engines used by regulators.

By bringing together the analysis of transaction and communications data, SOTERIA and RIMES’ will help financial services firms – which includes the organisations’ collective customer base of nearly 600 institutions, including 10 of the top 12 tier 1 banks – analyse trading behaviour more quickly and holistically to mitigate the associated risks and more effectively respond to the regulatory challenges at hand.

Rob Houghton, Creator of SOTERIA, commented:

“This partnership represents a step-change in how financial services firms conduct surveillance; replacing legacy, siloed systems with the highly-secure, cloud-based alternatives the market has been crying out for. It is also recognition that our customers want best-in-class vendors to collaborate. By encouraging agnostic, open-architecture technology, creating bi-directional flow of information, and sharing insights and resources, the right partnerships can collaboratively create stronger and more robust offerings that are better able to help firms navigate business-critical challenges.” 

Christian Fauvelais, CEO, President and Co-Founder of RIMES, commented:

“Our partnership with SOTERIA will benefit users by blending the very best of their surveillance technology with RIMES’ own industry-leading capabilities. The result is the most complete surveillance solution yet – and one that will help firms respond to an increasingly regulated area of their business without the need for large-scale and complex integration projects. The partnership puts customer convenience front and center through powerful, complete and cost-effective analytics capabilities that will deliver a strong competitive advantage.”



Editorial Contacts:

Carina Evison, Chief Marketing Officer, SOTERIA: carina.evison@soteria.global

Alessandro Ferrari, Chief Marketing Officer, RIMES: marketing@rimes.com



SOTERIA provides financial organisations around the world with the ability to compliantly capture, analyse, store and surveil business communications and market data in T0, regardless of the source, and in a single, global and hierarchical view. We also provide Data Integrity through tokenised 3rd party verification for Duty of Care and Evidential Weight. Our mobile voice recording technology which underpins ‘Truphone Mobile Recording’ is currently used by 10 of the top 12 tier 1 global banks, as is our tier-4 secure global cloud infrastructure, and we have over 180 other financial organisations, including buy- and sell- side firms, using SOTERIA throughout their front, middle and back office departments. www.soteria.global


RIMES is an award-winning data management and regulatory technology specialist that truly understands the challenges faced by its customers. It serves over 350 asset managers, owners, servicers and banks in 45 countries including 60 of the 100 largest global asset managers by TAUM and 9 of the 10 largest asset servicers. www.rimes.com