Skype for Business became a vital collaboration technology for MNC Securities, a member of the Indonesia Stock Exchange (IDX).
Verba provides the solution to fulfill strict regulatory requirements for 200 traders. Without Verba, MNC could not have introduced Skype for Business.
MNC Securities was established in 1989 in Jakarta, Indonesia. Today they employ 300 individuals. The company is a member of the Indonesia Stock Exchange (IDX) and operates as a broker-dealer, underwriter, and investment manager, providing research services in stock trading and investing activities, as well as periodical information to customers.
Indonesian Central Bank regulations require financial institutions to record all their conversations. At MNC Securities, eighty percent of calls are recorded by traders and twenty percent by dealers. It is essential for traders to record all their interactions over the phone, just in case there is any doubt about what was agreed during the telephone conversation. It is crucial for litigation purposes that the content of any calls can be verified, as and when requested. Timotius Terahadi, Head of IT at MNC Securities felt the recording solution was “useful if any disputes occurred”.
”The Verba solution is a user-friendly and versatile recording system. It’s the ideal Skype for Business solution.” – Anton Sunarko, Sales Manager, Elektrodata Sistem Integrasi
MNC Securities had previously used another call recording system for ten years. However, their PABX system was outdated and they wished to migrate their existing telephony system to Microsoft Lync (now Skype for Business). The existing system did not possess the capability to record Lync calls.
Verba’s integrator, Elektrodata Sistem Integrasi in Indonesia is responsible for assisting customers with IP Telephony, contact centers, business communications, and recording solutions within the financial industry. They recommended the Verba solution to MNC Securities. At the same time, there was no solution that was compatible with Microsoft Lync. The organization decided to deploy the system.
Anton Sunarko, Sales Manager at Elektrodata Sistem Integrasi thought the support service of Verba was very efficient and responded quickly. In his experience, the Verba solution “is a user-friendly and versatile recording system. It’s the ideal Skype for Business solution”. The deployment of the solution was swift and seamless.