The Clutch Group, a consulting firm and software and services provider, announced yesterday at the Securities Industry and Financial Markets Association’s Compliance and Legal Society Annual Seminar in Phoenix, the launch of audio analytics software Audio.IQ.

Audio data is a big challenge for financial service institutions, said Varun Mehta, vice president of the Clutch Group, in a press release announcing the launch. “Regulators continue to intensify their focus on how audio data should be preserved, reconstructed, and analyzed, often requiring companies to analyze hundreds of thousands of hours of audio data in short timeframes.”

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