LONDON, May 20, 2019 /PRNewswire-PRWeb/ -- As the impact of regulatory failings increase year over year globally, the ability for organizations to detect and act on suspicious activity including insider trading, collusion, collusion, bribery, and other high-risk activity, is becoming increasingly important. To detect this activity, it is critical that compliance teams can alert on and review employee communications in real-time.
Trace's integration with Globanet enables automatic ingestion of data from over 60+ sources including major financial chat platforms like Bloomberg, Reuters, and Symphony, enterprise chat systems like Skype and Slack, and file sharing and collaboration applications like OneDrive, Box, and Microsoft SharePoint, directly into their compliance workflows.
With Globanet's short message data integration into Trace, the data can now be displayed much in the same way it is in the native application: seeing emojis, images, reactions, comments, likes, and more, that provide critical context for understanding communications in the digital world. The first of Globanet's connectors that can export to the Relativity Short Message data format is Bloomberg, with additional sources like Slack coming soon.
"The industry has been asking for a mechanism that allows for simple, efficient and effective review of all the different data types in which Merge1 can capture," said Ramin Yazdi, CTO of Globanet. "With the new Relativity Short Message Format technology, we have been working on with Relativity, this is now possible. Not only can email be searched in its native format, now the growing list of over 60+ sources and channels such as Slack, Bloomberg, Symphony and others that Globanet Merge1 captures can also be reviewed in a format that is simple and easy to review while organizations achieve compliance."
"Offering users a robust review experience is vital to ensuring that compliance teams are able to stay ahead of the bad actors within their business," said Jordan Domash, General Manager of Relativity Trace. "We're excited to expand our partnership with Globanet to offer this new Relativity Short Message Format so that compliance teams can better manage risk in their organizations."
Members of the Globanet and Relativity Trace teams will be presenting their new compatibility at Relativity Fest London, EMEA's largest legal technology conference, taking place on May 21st at 133 Houndsditch.
Founded in 1996, Globanet is a pioneer in eDiscovery, compliance and information governance solutions. Globanet's portfolio of proprietary enterprise software include Globanet Merge1™, Globanet Migrate™, Globanet Classify™ and Globanet Balance™. Globanet also provides a broad range of eDiscovery, migration and compliance services including system configuration and installation, data migrations and archiving platform health checks. For more information, please visit the Globanet Website, Globanet Blog or, follow us on Twitter, LinkedIn or like us on Facebook.
At Relativity, we make software to help users organize data, discover the truth, and act on it. Our e-discovery platform is used by thousands of organizations around the world to manage large volumes of data and quickly identify key issues during litigation, internal investigations, and compliance projects. Relativity has over 180,000 users in 40+ countries from organizations including the U.S. Department of Justice, more than 70 Fortune 100 companies, and 198 of the Am Law 200. RelativityOne offers all the functionality of Relativity in a secure and comprehensive SaaS product. Relativity has been named one of Chicago's Top Workplaces by the Chicago Tribune for eight consecutive years. Please contact Relativity at [email protected] or visit http://www.relativity.com for more information.
©2019 Globanet Consulting Services. All Rights Reserved. Globanet Merge1 and other Globanet product names denoted herein are trademarks or registered trademarks of Globanet Consulting Services. All other company and product names are the trademarks or registered trademarks of their respective owners. All third-party information was taken as-is from public sources. This press release may include forward-looking statements and is based on Globanet's current beliefs and expectations and is subject to market uncertainties. If underlying assumptions prove inaccurate or market uncertainties arise facts cited in this press release may not be relied upon.
EDITOR'S NOTE: Globanet executives are available for interviews and quotes. Please send your request to Victor Villegas: [email protected] | + 310.202.0757
SOURCE Globanet, Inc.