Smarsh to work with AWS to accelerate growth in Canada

Smarsh enables organisations to manage the risk and uncover value within their electronic communications by providing innovative capture, archiving, e-discovery, and supervision solutions across the industry’s widest breadth of communication channels.

With AWS, Smarsh will deliver its Capture and Enterprise Archive solutions that will, in turn, accelerate its growth strategy and add to the offerings Canadian enterprises already leveraging Smarsh technology for their archiving strategies. This includes some of the largest banks and financial firms.

By collaborating with AWS, Smarsh is also furthering its ability to serve its Professional Archive customers in the country.

“Canada is a major market for our company, given the flourishing financial services industry across the country, combined with a stringent regulatory environment that demands sophisticated digital communications compliance solutions to drive long-term success,” said Brian Cramer, CEO of Smarsh. 

“Our decision to collaborate with AWS is consistent with the importance we attach to that market and demonstrates our responsiveness to Canadian customers that want their data housed domestically,” he continued.

Eliminating unnecessary complexities related to cross-border regulatory

The solutions deployed on the Canadian-based cloud will help dealer members and other wealth management firms comply with oversight responsibilities based on current Investment Industry Regulatory Organisation of Canada (IIROC) regulations. 

Such entities must have the capability to capture, archive, and reproduce content across multiple communication and collaboration platforms. This spans everything from email to mobile text to instant messaging services to social media platforms.

Cramer added:  “Working with AWS positions Smarsh as a preferred provider of communications retention and supervision solutions to a broader cross-section of Canada’s financial services industry, thereby eliminating unnecessary complexities related to cross-border regulatory or privacy issues.”

As hybrid working models remain part of business operations, Smarsh’s best-in-class tools enable firms to handle the volume of communications data in an efficient, cost-effective, and compliant manner.

Addressing critical questions for financial organisations

To address critical regulatory and technology questions financial organisations need to consider as they choose the suitable cloud and cloud provider to help them grow, Smarsh is hosting a discussion with IT World Canada on 26th November.

The discussion will feature Robert Cruz, Vice President of Information Governance at Smarsh, Dan Mackay, a Compliance Specialist with AWS, and consulting CIO Rob Meikle, the former Chief Information Officer (CIO) for the City of Toronto and the City of Brampton.

To register for the October 26 virtual executive roundtable, please visit this link.