Jefferies, a global investment banking and capital markets firm, has selected Smarsh’s communications surveillance technology to manage its extensive and complex digital communications. The move aims to address the firm’s need to scale its global electronic communications while enhancing surveillance capabilities and improving the efficiency of its compliance team, all within its existing infrastructure.
The relationship between Jefferies and Smarsh has evolved over 15 years. Initially focused on capturing critical communication channels like mobile and Microsoft Teams, the partnership now extends to leveraging Smarsh’s flagship communications surveillance technology. This transition is complete, providing Jefferies with the support of the Smarsh Global Services team, known for its expertise in risk detection across communication channels, which helps Jefferies manage regulatory demands.
Goutam Nadella, Chief Product Officer at Smarsh, commented on the enduring partnership: “Smarsh and Jefferies have a 15-year relationship built on trust and performance, and we’re excited to continue on our journey of innovation together. Adopting Smarsh’s premier communications surveillance technology is the next step in helping Jefferies to future-proof its compliance strategy, leveraging Smarsh’s decade of domain expertise.”
Anu Willoughby, Global COO, Legal and Compliance, Jefferies, stated: “We’ve worked with numerous technology providers, and we expanded our relationship with Smarsh because they have a partner-first approach. Their ability to adapt and deliver across geographies makes them a strategic ally in our compliance journey.”
Smarsh specializes in providing cloud-native solutions for digital communications capture, retention, and oversight. The company aims to help regulated organizations identify regulatory and reputational risks within their communications data. Smarsh serves a global client base, including major banks, brokerage firms, insurers, registered investment advisors, and government agencies across North America, Europe, and Asia.
Jefferies is a leading full-service global investment banking and capital markets firm offering advisory, sales and trading, research, and wealth and asset management services. The firm operates more than 40 offices worldwide.
