ZL Technologies Solves Compliance Challenges for Financial Institutions with Advancements to its Platform

Jun 24, 2020

MILPITAS, Calif., June 23, 2020 (GLOBE NEWSWIRE) — ZL Technologies, Inc. (ZL), the leading technology platform for information governance, today announced enhancements to the ZL UA Compliance platform that significantly strengthen the email review process for compliance departments. These updates, released as ZL UA Version 9.1, build upon ZL’s powerful lexical engine which is leveraged to flag electronic communications with policy violations, in compliance with SEC and FINRA Rules, which require supervision of broker-dealer electronic communications. The updates include:

  • Echo Reduction technology, used to prevent users from having to review the same flagged message whenever there is a reply in the thread. This dramatically reduces wasted time in the review process.
  • Upgrades to ZL’s lexical engine to provide more granular search functionality, using “Surround Queries” which combine a string of lexical rules to more precisely identify violations and minimize false positives.
  • A flexible review pipeline for compliance departments, ensuring flagged communications are defensibly managed. This includes a multi-review pathway, allowing compliance users to customize the review process for various types of violations.
  • A review dashboard delivered through a new and more intuitive UI that features built-in analytics for deeper insight.

The ZL UA Compliance platform is designed for regulated institutions that require deep insight and control over enterprise data, necessitated by industry regulations such as those put forth by FINRA and the SEC for financial institutions. ZL enables compliance with these regulations through management of unstructured data across the enterprise, combining content and metadata-based governance policies with advanced analytics and reporting for complete insight and defensibility.

“Regulatory developments paired with advancements in analytics and AI can make enterprise data both a minefield and a goldmine for large organizations,” said Kon Leong, CEO of ZL Technologies. “We’ve carefully designed our platform over the years to address both sides of this equation for our worldwide customers.”

ZL provides information management and compliance solutions to many of the top financial institutions and is a Leader in the Gartner Magic Quadrant for Enterprise Information Archiving.