SteelEye and Intelligent Voice Transform Voice Surveillance through Strategic Partnership

18 June 2024, London/New York: SteelEye, the pioneering integrated surveillance provider trusted by financial firms worldwide, has formed a strategic partnership with Intelligent Voice, a specialist in financial services voice transcription and analytics technology.

The collaboration revolutionizes the way financial firms transcribe, analyze, monitor, and alert on voice communications through improved accuracy, intelligence, and automation. As a result, firms can enhance their compliance processes for voice across global mandates.

Addressing a Critical Need in Financial Compliance

Financial firms are under increasing pressure to store and monitor all forms of communications to meet regulatory requirements. Yet, due to regulatory ambiguity, many firms neglect voice transcription, limiting their voice surveillance capabilities. Effective compliance requires transcription of voice to create searchable and analyzable content, rather than relying on random call sampling and manual reviews.

Preparing for Regulatory Clarity

It is only a matter of time before regulators provide clearer guidelines on the supervisory requirements for voice communications. The demand for tailored voice transcription and surveillance services is rising, reflecting this anticipation.

The Transcription Challenge

The challenge for financial services firms lies in utilizing technology that is tailored to trading environments. Trading floors are notoriously noisy, and traders often use specific jargon that general transcription technologies struggle to decipher accurately. Inaccurate transcription undermines the entire surveillance framework as risks can’t be identified and addressed.

SteelEye and Intelligent Voice: A Powerful Partnership for Enhanced Compliance

SteelEye and Intelligent Voice have joined forces to bridge this gap. Intelligent Voice's specialized voice models are designed for the financial sector. The technology understands the noisy environments of trading floors and the industry-specific jargon traders use, providing unparalleled transcription accuracy in this context. Additionally, Intelligent Voice’s advanced voice analytics can identify language switching and offers cutting-edge features for identity management.

Combining this with SteelEye's comprehensive communications surveillance solution means that financial firms can now integrate voice effortlessly into their compliance frameworks. With SteelEye, compliance teams can easily create rules that scan through voice data to identify potential risks, including market abuse, collusion, conduct risk, and more. The platform's highly customizable nature, combined with its intelligent rules for voice, reduces false positives and ensures only genuine risks are flagged. Additionally, SteelEye’s AI-driven assistant, the Compliance CoPilot, streamlines the communication surveillance workflow through intelligent alert scoring, triaging, and automation, reducing the time it takes to review an alert by 75%.

Commenting on the news, SteelEye’s Chief Product Officer, Matt Storey, said:

“Financial institutions cannot afford to ignore voice surveillance. This partnership ensures that firms are not caught off guard when regulatory clarity is provided. By incorporating advanced voice transcription and analytics into their surveillance frameworks, financial organizations can proactively address the compliance threats posed by voice communications.”

Nigel Cannings, CEO of Intelligent Voice, added:

"This collaboration brings together SteelEye's leading expertise in regulatory surveillance with Intelligent Voice's advanced AI-powered speech technology. By leveraging the strengths of both companies, we aim to deliver the finance industry's most advanced and comprehensive voice compliance solution. This partnership underscores our commitment to innovation and excellence, ensuring our clients have the most effective tools to meet their regulatory obligations and safeguard their operations."


For more information, please contact:

Emmy Granstrom
Global Head of Marketing

Intelligent Voice:
Sarah Millest


About SteelEye

Turn Supervision into Super Vision. SteelEye is the industry’s pioneering integrated trade and communications surveillance solution. We empower financial firms with the data-driven tools and complete insights they need to focus on what matters, all from a single platform.

State-of-the-art algorithms and intelligent alerts proactively detect market manipulation and compliance breaches, while our holistic data model – which combines communications, trades, orders, news, and market data – provides intelligent insights and deep analytics. Founded in 2017, SteelEye has offices in the UK, North America, Portugal, and India. For further information, visit

About Intelligent Voice

Intelligent Voice Limited provides secure speech and NLP solutions to regulated and privacy-sensitive industries. Pioneers in GPU-processing of speech, Intelligent Voice (“IV”) takes audio, video, and text in 30 languages and dialects and rapidly transforms it using transcription, NLP, and advance analytics into a structured, normalized format capable of further processing and indexing. IV’s LexiQal module adds in state-of-the-art AI and NLP techniques to define deeper insights, surfacing sentiment, deception, and other key markers to help with sales enablement, fraud, and other behavioral use cases. For more information


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