Breaking wave

Breaking Wave, Deutsche Bank's Innovative Fintech, Selects Relativity Trace for Compliance Monitoring

Retrieved on: 
Tuesday, August 2, 2022

CHICAGO, Aug. 2, 2022 /PRNewswire/ -- Relativity, a global legal and compliance technology company, today announced that Breaking Wave, a Deutsche Bank company building a digital future for the bank and its customers, has implemented Relativity's AI-powered communication surveillance product Relativity Trace to advance their compliance and regulatory efforts. Relativity Trace proactively detects regulatory misconduct like insider trading, collusion and other non-compliant behavior.

Key Points: 
  • The current AI capabilities coupled with Relativity's plans to continue to up-level AI solutions for compliance teams was fundamental in Breaking Wave's decision to adopt Relativity Trace.
  • Through deploying Relativity Trace, Breaking Wave has access to 50pre-built policies allowing them to save time and resources by not having to build their own.
  • "We are excited that Breaking Wave, an organization focused on innovation in financial services, has implemented Relativity Trace to manage their compliance process and detect potential misconduct before it happens," said Jordan Domash, General Manager of Relativity Trace.
  • Relativity Trace delivered Cloud Connectors that enabled Breaking Wave to deploy the software quickly and without any on-premises infrastructure.