Behavox, the specialist AI enterprise software company offering compliance solutions for capital markets, has brought forward the opening of its office in New York, USA, to meet growing demand from new and existing clients that are based there.
The new office will open on 31st October, 2016 and is in a prime central location in Manhattan to facilitate servicing of new and existing clients based on Wall St, in Jersey City and Midtown. The new office address is: 110 William St, New York, NY 10038.
Behavox was delighted to receive the go-ahead from multiple new clients in NY at the end of the last quarter – these are all significant players in the Investment Banking and Asset Management sectors. The business is also deploying its software with its global clients that have operations in the US.
Behavox is transferring significant elements of its operations and implementation team to the US, as well as parts of its business development team. The expansion plans for the US operation are at an advanced stage, with several more key staff set to join imminently. Further hiring is planned for the coming months to meet the current and future levels of demand.
Plans are already under way for the opening of offices in Asia and Continental Europe in order to meet demand in these regions, as well as service existing clients with global operations.
Behavox is an enterprise compliance software company providing holistic employee surveillance solutions. Our platform allows Senior Management, Risk & Compliance Officers to detect cases of market abuse, insider threat, collusion and reckless behavior in real time. Through the combination of cutting-edge technology, thought leadership and industry collaboration, we have created a Risk and Compliance ecosystem which transforms the way that firms conduct surveillance and supervise risk within their business. Our platform is designed to highlight specific types of conduct as defined by the culture of each institution.
We provide an effective and scalable solution that delivers compliance with finance regulations such as Dodd Frank, MAR, FCPA, SMR & MIFID II. By linking structured internal communication (voice, email, chat etc.) data with other internal unstructured data (GPS, browser history etc.), users can discover, visualize and quantify relationships between people, organizations and content. In addition to this, the Behavox machine learning algorithms compare this data to a series of proprietary scenarios developed by our regulatory experts, which can also be configured to meet existing and future institutional policies.