Qumram provides global asset manager with compliant digital record-keeping
Qumram delivers digital audit trail of all interactions on Russell Investments' corporate website
“We are excited and honored that a U.S.-headquartered asset manager as successful and highly regarded as Russell Investments has entrusted the compliance of their digital business to Qumram,” said Patrick Barnert, CEO at Qumram. “Since 2011, we have been helping enterprise firms in heavily regulated industry sectors embrace digital business, while safeguarding against non-compliance. We are delighted to be partnering with Russell Investments to achieve that goal.”
Increasingly, regulation is focusing on digital record-keeping to ensure consumer protection in financial services. Most, including US SEC 17a-4, and MIFID II in Europe, require 100 percent capture and retention of all digital interactions, and immediate access to them, for a period of up to seven years. Since websites generate highly personalized, user-specific content and data, with a proper digital record-keeping tool like Qumram, companies can capture a complete view of every digital interaction—serving their clients’ needs, while also remaining compliant.
About Russell Investments
Russell Investments, a global asset manager, is one of only a few firms that offers actively managed multi-asset portfolios and services which include advice, investments and implementation. Russell Investments stands with institutional investors, financial advisors and individuals working with their advisors—using the firm’s core capabilities that extend across capital market insights, manager research, asset allocation, portfolio implementation and factor exposures to help each achieve their desired investment outcomes.
Russell Investments has more than $244 billion in assets under management (as of 6/30/2016) and works with more than 2,500 institutional clients, independent distribution partners and individual investors globally. As a consultant to some of the largest pools of capital in the world, Russell Investments has $2.2 trillion in assets under advisement (as of 6/30/2015). The firm has four decades of experience researching and selecting investment managers and meets annually with more than 2,200 managers around the world. Russell Investments also traded more than $2 trillion in 2015 through its implementation services business.
Headquartered in Seattle, Washington, Russell Investments operates globally, including through its offices in Seattle, New York, London, Paris, Amsterdam, Milan, Dubai, Sydney, Melbourne, Auckland, Seoul, Tokyo, Shanghai, Beijing, Toronto, Chicago and Milwaukee. For more information about how Russell Investments helps to improve financial security for people, visit russellinvestments.com/ or follow @Russell_Invest.
Founded in 2011, Qumram is a leading global provider of fully-compliant multi-channel recording, e-discovery, and web archival solutions. Qumram seamlessly records and replays all interactions, via all digital channels, web, social and mobile. The indisputable evidence captured can be used to resolve disputes, aid fraud detection, expose employee governance issues, prove compliance, mitigate conduct risk, and improve customer experience.
Headquartered in Zurich, Switzerland, and with offices in the UK, Spain and the USA, Qumram is a privately owned business with clients across Europe and North America. Qumram's many awards and accolades include: Swisscom Startup Challenge Winner 2016, Top 100 Global FinTech 2015, Top 10 Global FinTech Emerging Star 2015 (KPMG/H2 Ventures), Top 100 European FinTech 2016, Top Risk, Intel & Security FinTech 2016 (public vote), and Top Swiss FinTech 2016 runner-up. For more information, visit www.qumram.com or follow @QumramAG