Maven invests in communications surveillance provider VoxSmart
Maven Capital Partners (“Maven”), one of the UK’s most active private equity firms, has co-invested alongside lead investor Toscafund Asset Management in VoxSmart, a communication surveillance platform for financial institutions. The business is evidencing strong growth in key markets, supported by an impressive pipeline of near term opportunities and expanding partner relationships.
VoxSmart designs, develops, and deploys cloud-based mobile recording and communications surveillance technology for global financial institutions to manage their business risks and regulatory requirements. Its rapidly evolving technology, with proven accuracy in financial voice transcription and real-time instant message capture, supports over 100 clients with regulatory requirements to monitor and reconstruct all trade communications from voice, mobile, email and chat.
VoxSmart has unparalleled expertise in unstructured data processing and indexing for complex technology environments and believes that by harnessing this data, a business will build a strong foundation for intelligent risk and control analysis.
The Company has operations across six countries with offices in London, New York, Madrid, Singapore, Melbourne, and Queenstown. VoxSmart’s goal is to become the global reference for risk and compliance surveillance technology and offer end-to-end remote conduct and employee monitoring that connects a firm’s people, processes, and technology to drive significant operational efficiencies and enable smarter business decisions.
Oliver Blower, CEO at VoxSmart, said: “This investment from Maven helps us to reach our ambitious growth plans and expansion into new markets, as well as our continued drive to deliver market-leading communications solutions across the capital markets. We’re thrilled to welcome such a high calibre investor on board who believes in our vision.”