TextGuard, provider of Mobile Device Communication Compliance solutions for the financial services industry, has reportedly unveiled the latest TextGuard4.0 Global for Blackberry and Windows Mobile platforms.

 

This new app is designed particularly for mobile devices that monitors and archives SMS text conversations for FINRA compliant communications. Offered as software-as-a-service, or “SaaS (News - Alert),” solution, the new TextGuard 4.0 offers an overall security regimen to each Smartphone registered to the software, as well as control over the Smartphone device itself.

 

It even provides encryption service for the logs being transmitted from the device to the secured TextGuard server. Messages use 128bit encryption from the device to the TextGuard Web application.

 

In addition to these, the new app ensures that each mobile device secures, manages and coordinates all communications, providing archiving capabilities on a secured server remotely accessible by the compliance administrators.

 

Other features include GPS tracking, call logging, as well as a lexicon search function, providing alerts to appropriate compliance administrators. Search options include keywords, content, sender, recipient, metadata, sent date and can be customized specifically for the secure and complex needs of the financial industry.

 

Texguard can be downloaded from the company website at and installed directly onto a Blackberry or Smartphone, supporting Windows Mobile operating systems.

 

"With the growing demand for a transparent view of business executives' communications, large financial companies should implement call logging, as well as secure SMS message and content monitoring," Todd Cohan, founder of TextGuard, said.

 

Cohan said that the new solution offers a simple, secure and effective way to keep track of the location of a mobile device for business continuity, as well as the SMS, PIN messaging and call activities so that users can ensure total compliance under SEC (News - Alert) regulations.

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