Articles from Behavox

Behavox, a global leader in AI-driven compliance and security solutions, today announced its full-year 2024 financial results, delivering an impressive 44.06% YoY ARR growth, exceeding the 40.25% YoY growth achieved in 2023. This milestone underscores Behavox's steadfast commitment to innovation and excellence while maintaining profitability throughout the year.

Behavox, a leading provider of AI-driven compliance solutions for Financial Services, announced today that it has secured a $70 million credit facility from Hercules Capital, Inc. (NYSEHTGC), further increasing ample liquidity reserves on its balance sheet. Behavox intends to use the funds for strategic acquisitions and the building of new products to deliver more value to compliance teams globally.

Behavox, a global leader in AI-powered compliance and risk management solutions, today announced its second consecutive quarter of 100% customer growth for its Intelligent Archive solution. Launched in January of this year, this rapid growth highlights the market's dissatisfaction with legacy providers and the growing demand for modern compliance and archiving solutions.

Behavox, a leading provider of AI-driven compliance solutions for Financial Services, today announced its financial results for the third quarter of 2024, highlighting strong momentum and sustained profitability.

Behavox, a leading provider of AI-driven compliance solutions, today announced its financial results for the second quarter of 2024, highlighting significant achievements and continued growth.

Behavox, a leading provider of AI-driven compliance solutions, today announced its Q1 2024 financial results, marking the second consecutive quarter of profitability and accelerating revenue growth.

Behavox, the leading provider of AI-driven compliance solutions, proudly announces the successful attainment of SOC 2 Type 2 examination for the third consecutive time. This achievement underscores Behavox's unwavering commitment to maintaining the highest security, availability and privacy standards, emphasizing the company's dedication to protecting its clients' data integrity and privacy.

Behavox, a leading provider of AI-driven compliance solutions, today announced an expansion of its risk coverage capabilities, specifically designed for Wealth and Asset Management firms with retail client bases. Leveraging its market-leading communication surveillance solution powered by GenAI and Large Language Models (LLM), Behavox now introduces an expanded suite of AI Risk Policies and lexicons to address a comprehensive range of risks.

Behavox, the leading provider of AI-driven compliance solutions, announced today that Brevan Howard, a leading global investment manager, has successfully upgraded to Behavox’s Quantum AI solution for its compliance program 2 years after first contracting with Behavox.

Behavox, a leader in AI-driven compliance and security solutions, has announced its 2023 full-year results, showcasing a remarkable 58% growth in revenues, accelerating from the 34% growth in 2022. This significant increase is a testament to Behavox's innovation and leadership in the industry.

Behavox, a leading provider of AI-driven compliance solutions, today announced the launch of the Behavox Intelligent Archive. This new offering is WORM (Write Once, Read Many) compliant and seamlessly integrates with the market-leading Behavox surveillance product.

Behavox announced today that Vitol, a global energy and commodities company, has successfully implemented Behavox’s Quantum AI SaaS solution.

Behavox, the leading provider of AI-driven compliance solutions, today announced that BNY Mellon (NYSEBK), a leading financial services institution and the world’s largest custodian has selected Behavox to enhance its compliance program.

Behavox, the leading provider of AI-driven compliance solutions, is proud to announce the launch of Behavox Voice 20, a cutting-edge voice transcription solution that sets new industry standards. Utilizing state-of-the-art machine learning models, Behavox Voice 20 delivers unmatched transcription accuracy in nine languages, achieving an unprecedented best-in-class word error rate of 20% for compliance teams, thereby enhancing regulatory compliance efforts.

Behavox, the leading provider of AI-driven compliance solutions, today announced that Evercore (NYSEEVR), a premier global independent investment banking advisory firm, has in five months successfully implemented Behavox Quantum© for compliance supervision.

Behavox, the leading provider of AI-driven compliance solutions, today announced the launch of its alert review managed service offering. The service allows its clients to outsource their initial communication surveillance alert review to an experienced onshore team of Compliance experts, allowing them to focus on only the most relevant escalations that require further investigation.

Behavox, the leading provider of AI-driven compliance solutions, proudly announces the successful completion of its financial audits for three consecutive years. Since 2020, Behavox has undergone an independent financial audit each year, reaffirming its dedication to upholding the highest standards of financial reporting and governance. The completion of the third consecutive audit showcases Behavox's commitment to ensuring transparency and accountability in its operations.

Behavox, the leading provider of AI-driven compliance and security solutions, is excited to announce the launch of Behavox Insider Threat, a powerful product designed to address internal security risks by securing the human element within organizations. Developed in close partnership with Shawnee Delaney, CEO of Valliance Group, Behavox Insider Threat leverages large language models and generative AI, incorporating Shawnee's extensive experience and valuable feedback into its development.

Behavox, the leading provider of AI-driven compliance solutions, proudly commemorates the one-year anniversary of the launch of Behavox Quantum AI. This groundbreaking product has revolutionized the way organizations detect and mitigate risks through its advanced AI Risk Policies, empowering compliance teams to achieve unprecedented levels of efficiency and accuracy.

Behavox, today, announced the expansion of its partnership with Google by integrating PaLM, Google’s state-of-the-art Large Language Model, into its Compliance offering, and by making Behavox available through Google’s Marketplace.

Behavox, the leading provider of AI-driven compliance solutions, has announced the release of its Large Language Model (LLM), designed specifically for the financial services industry. The Behavox LLM can run on either Behavox's environment or a customer's environment, ensuring secure deployment of AI while maintaining compliance with data management and governance regulations.

Behavox, the leading provider of AI-driven compliance solutions, is making its Benchmark Test Datasets available to the industry. The datasets, mapped to specific risks and regulations, are designed to simplify the evaluation process for compliance professionals, monitors, and auditors, while ensuring the effectiveness of their surveillance programs.

Behavox, the security software company specializing in application of Artificial Intelligence to surveillance of text and voice communications, today announced that Evercore (NYSEEVR), a premier global independent investment banking advisory firm, has contracted with Behavox for its services.

Behavox, the security software company using the application of Artificial Intelligence for monitoring of text and voice communications, announced today that its flagship product Behavox Quantum now provides complete coverage of compliance risks for Commodities across Energy and Mining.

Behavox, the security software company that specializes in communication surveillance, today announced the appointment of Sasaki-san, Partner / Chief of Staff and Head of CEO office at SoftBank Investment Advisers.

On July 19th, Behavox will host a conference to share the next generation of artificial intelligence in Compliance and Security with clients, regulators, and industry leaders.

Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their company and colleagues from business risk, today announced that it has launched its next-generation compliance solution, Behavox QuantumTM. On July 19th, Behavox will host a conference "AI in Compliance and Security" to formally introduce Behavox Quantum to clients and the artificial intelligence community. This leap in AI and machine learning has a brand new, state-of-the-art AI execution engine and a brand-new AI architecture.

Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their company and colleagues from bad actors, today announced that its academic research paper on artificial intelligence “Continual learning using lattice-free MMI for speech recognition” has been accepted by the International Conference on Acoustics, Speech, and Signal Processing (ICASSP). ICASSP is the world's largest and most comprehensive technical conference focused on signal processing and its applications. Behavox presented this paper in Singapore for IEEE ICASSP 2022 on May 9, 2022.

Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their company and colleagues from bad actors, today announced that its solutions are available in Amazon Web Services (AWS) Marketplace.

Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their company and colleagues from bad actors, today announced that Perella Weinberg Partners, a global financial firm focused on investment banking advisory services, has contracted Behavox for its services.

Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their organizations and colleagues, today announced that Brevan Howard Asset Management LLP, a leading global investment manager, has contracted Behavox for its services.

Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their company and colleagues from bad actors, today announced it is accepting payment in cryptocurrencies, as demand from cryptocurrency exchanges and financial trading firms for Behavox solutions is soaring.

Behavox, which provides insights to protect enterprises and their employees from illegal, immoral, and malicious behavior, today released proprietary workplace data that found rogue trading in the financial services industry has soared over voice communications platforms such as Zoom, Microsoft Teams, Red Box, and Cloud9.

Behavox, which provides insights to protect enterprises and their employees from illegal, immoral, and malicious behavior, won a joint award with TD Securities for ‘Most Innovative Technology Partnership with a Financial Institution’ at the inaugural Canadian RegTech Awards on November 16.

Behavox, which provides insights to protect enterprises and their employees from illegal, immoral, and malicious behavior, today announced a new video series “Radar Regulatory News” that analyzes the season’s top five stories from the world of finance, regulatory compliance, and corporate governance.

Behavox, which provides insights to protect enterprises and their employees from illegal, immoral, and malicious behavior, today announced the appointment of Fahreen Kurji as Chief Customer Intelligence Officer, responsible for the external elevation and communication of the company’s industry-leading insights and innovative product offerings.

Behavox, which uses AI to enable enterprises to organize and refine their data into actionable information that protects and promotes business growth, today announced R.J. O'Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, has selected Behavox to help improve the effectiveness of its regulatory compliance program and rapidly identify non-compliant activity to protect its reputation and culture.

Behavox, which uses AI to enable enterprises to organize and refine their data into actionable information that protects and promotes business growth, today announced the appointment of industry veteran Tom Schodorf to its Board of Directors.

Behavox, which uses AI to enable enterprises to organize and refine their data into actionable information that protects and promotes business growth, today announced Schonfeld Strategic Advisors, LLC (“Schonfeld”), a global multi-strategy hedge fund, has selected Behavox to integrate data from encrypted global communications applications such as WhatsApp and WeChat into their compliance surveillance program.

Second paragraph, first sentence of release should read: “The Jordan Company is committed to protecting our investors, employees, portfolio companies and other stakeholders,” said Ugo Ude, Chief Compliance Officer, The Jordan Company (instead of: “The Jordan Company is committed to the highest standards of corporate governance and committed to protecting our investors, employees, portfolio companies and other stakeholders,” said Ugo Ude, Chief Compliance Officer, The Jordan Company).

Behavox, which uses AI to enable enterprises to organize and refine their data into actionable information that protects and promotes business growth, today announced private equity firm The Jordan Company selected Behavox to help improve the effectiveness of its regulatory compliance program and rapidly identify non-compliant activity to protect its reputation and culture.