CT-Solutions signs European agreement for DialogSafe

March 26, 2011 - PRLog -- CT-Solutions, Ireland’s sole provider of compliant mobile voice and data recording solutions for the financial services sector, announces that it has signed an exclusive agreement with IPnett in Norway for the provision of DialogSafe mobile recording technology throughout Europe.  The new product will be marketed as IPnett DialogSafe and sees CT-Solutions take a significant step into the European market, starting in Norway whose financial sector mobile recording legislation comes into effect on 1st April 2011.

Norway will be the first European country to enforce mobile recording in the financial services sector, after legislation was agreed by Finanstilsynet - The Financial Supervisory Authority of Norway in 2009. Regulated organisations in all other European countries, many of whom will undoubtedly have to follow suit when the European Commission announces its proposal in April for amending the MiFID, are watching Norway closely to see how this will affect the market - and to determine which solutions are chosen to address the regulatory requirement.
IPnett DialogSafe is already the choice of the top 5 stock trading companies in Norway with discussions in an advanced stage to be included as the mobile recording solutions of choice for the BT portfolio in the UK.
This agreement is well timed after the UK Financial Services Authority announced that the exemption on mobile recording, which it granted when it enforced the recording of fixed lines in 2008, will be removed as of 14th November 2011.

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