Regulatory compliance is a moving target for global financial institutions,with each region imposing unique rules on communication.Failure to comply can result in fines exceeding millions,making proactive strategies essential.
Key Regional Requirements
-EU:GDPR mandates data privacy,while MiFID II requires 7-year retention of all trading calls and in-EU data storage.
-USA:SEC Rule 17a-4 demands 5-year call storage;GLBA regulates customer data sharing,and FedRAMP certification is needed for public cloud use.
-APAC:Australia’s CPS 234 requires 7-year recordings and PCI DSS v4.0 compliance;Hong Kong’s HKMA mandates local call handling systems.
-Middle East:Saudi SAMA requires 3-year retention and local voice servers;UAE mandates on-premises deployment for sensitive data.
Compliance Strategies with Redstone
-Customizable Recording Modules:NL-Recording supports region-specific retention periods and automatic archiving.
-Local Deployment Flexibility:Choose on-premises,private cloud,or local mirrors to meet"data sovereignty"rules.
-Audit-Ready Features:Encrypted logs,tamper-proof storage,and open APIs integrate with compliance systems for easy reporting.
-Real-Time Updates:Redstone’s software adapts to regulatory changes(e.g.,new encryption standards)to keep institutions compliant.
By integrating these strategies,financial firms can turn compliance from a burden into a competitive advantage—demonstrating commitment to security and trust.
Redstone Systems, Inc. founded in Delaware, USA in December 2002, has been the ODM vendor for many well-known communications companies, serving the Southeast Asian market. In 2020, Redstone Systems will begin to return to the North America market with its self-developed brand.
Redstone has a complete product line of intelligent voice gateways, providing IP-PBXs, analog VoIP gateways (FXS/FXO), digital VoIP gateways (E1/T1), border appliances, and session boundary controllers (SBCs).
With advanced technology in digital signal processor (DSP), speech coding and speech processing, as well as efficient operational tools such as cloud remote management, auto provisioning, Redstone gateways are widely used in markets of enterprise communications, cloud communications, call centers, operators’ IMS/SIP trunks, bringing users friendly, efficient and reliable communication experience.
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