SIP Print Announces FSA-Compliant Call Recording Solutions for UK Financial Institutions
* Reuters is not responsible for the content in this press release.
Affordability, Scalability and Ease-of-Use are Among Key Benefits to UK Firms Employing IP-Based Phone Systems MIAMI, Fla.--(Business Wire)-- SIP Print (www.sipprint.com) creators of the first and only truly affordable SIP-based VoIP call recording platform, today announced the availability of its award-winning voice recording appliances for the UK financial services market. SIP Print`s systems are fully compliant with the new call recording mandate set forth by the Financial Services Authority (FSA), including a future requirement to record calls originating from mobile phones. This marks the preliminary entry into the UK market for SIP Print. According to the FSA policy statement, effective March 6, 2009, all UK financial institutions must record and archive all telephone conversations and electronic communications relating to client transactions for a period of no less than six months. The new regulations apply to any UK firms participating in the equity, bond and derivatives markets. The FSA has applied an 18-month exemption for the recording of voice conversations from mobile phones and other handheld devices. "The need to record calls continues to increase, driven both by internal quality assurance programs and by regulatory compliance requirements," said Don Palmer, CEO, SIP Print. "In the United States, the Communications Assistance for Law Enforcement Act (CALEA) and Sarbanes-Oxley legislation have dictated the recording of certain phone calls by some businesses, and many other firms choose to record calls for internal compliance purposes or for training and customer services needs. The new FSA regulations for the UK financial services community are yet another example of the trend towards increased regulatory oversight and improved corporate security and protection." As organizations worldwide accelerate their acceptance and adoption of IP-based communications systems, SIP Print has emerged as a leading provider of affordable on-premise systems to record and store calls on these Voice-over-IP (VoIP) systems. SIP Print`s award-winning voice recording systems are compatible with mainstream VoIP phone systems and hybrid systems including Allworx, Aastralink, Altigen, Avaya IP Office, Avaya Distributed Office, Cisco, Epygi, Fonality, Grandstream, Mitel, NEC 8100, NEC 8300, Nortel, ShoreTel, Toshiba, Zultys and 3Com. SIP Print`s feature rich appliances offer: a web-based GUI, call playback on regular media players, extension and name lookup, caller ID, search by area code and prefix, fast forward, rewind, time and date stamping, archive control, audit trail, remote access, and email-ready call file formats. While the FSA regulations provide a temporary exemption for recording mobile phone conversations, SIP Print`s patent-pending platform seamlessly supports the recording of mobile phone calls today, along with advanced functions such as voicemail or "follow-me" calls on mobile phones or other off-premise phone numbers. Financial services providers utilizing VoIP phone systems are encouraged to contact SIP Print for details about evaluating SIP Print`s award-winning call recording solutions. Resellers and distributors in interested in joining SIP Print`s Partner Program are also invited to contact the company at http://sipprint.com/contact.php or via email at email@example.com. About SIP Print SIP Print is redefining VoIP call recording with the industry`s first and only affordable systems tailored to small and medium-sized businesses with up to 200 seats per location. SIP Print appliances offer; easy installation, simple maintenance and operation, and scalability to support the expansion of high-growth SMBs. SIP Print is compatible and easily integrated with the industry`s leading pure SIP-based communications systems and supports leading hybrid VoIP systems as well. The company`s affordable, one-of-a-kind SIP call recording systems are SIP 2.0-compliant and CALEA-compliant, and are available through distributors, resellers and OEMs worldwide. To discover the power and simplicity of SIP Print please visit: www.sipprint.com. Skyya Communications (for SIP Print) Susan Donahue, +1 646-454-9378 firstname.lastname@example.org Copyright Business Wire 2009