Theta Lake Risk and Compliance Suite Review

Compliance from Theta Lake

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Theta Lake Risk and Compliance Suite Review
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Published: December 29, 2022

Rebekah Carter - Writer

Rebekah Carter

Communication has always been a critical component of any successful business.

Employees need to be able to share ideas, collaborate, and align with other staff members quickly and conveniently. What’s more, in today’s transforming workplace, the communication tools and platforms leveraged by staff members are rapidly evolving. Modern hybrid and remote teams synchronize their collaboration across video, audio, messaging, and countless online apps.

The rise of new forms of collaboration and communication has also introduced new challenges for businesses to consider concerning security, privacy, and compliance. With data now moving across various channels and modalities, companies must ensure they have complete visibility into their ecosystem and the right tools to mitigate risk.

The Theta Lake Compliance Platform is an end-to-end suite of modular intelligent products designed to ensure companies can maintain high levels of compliance in a digitally transforming world.

Theta Lake Compliance Platform Review: Features

One of the market leaders in security, privacy, and compliance, Theta Lake builds solutions for regulated companies using modern collaboration platforms. The Theta Lake Risk and Compliance Suite is its core offering, created to help security and compliance teams scale risk detection and supervision capabilities across all communication platforms.

The SOC 2, Type-2 audited platform empowers companies to boost visibility into their communication stack while avoiding costly litigation and regulatory fines. At the same time, purpose-built tools for automatic policy detection, archiving, and compliance help mitigate data breaches and allow for deeper insights into business processes.

The core features of the Theta Lake Compliance platform include the following:

  • Integrated Capture: Integrated capture for content from chat, voice, video and SMS/text  solutions and over 100 integrations, including Zoom, Slack, Cisco Webex, RingCentral and MS Teams with support for cloud-based directories like O365.
  • Theta Lake Compliance MD: Detects regulatory and compliance risks in video, audio, and documents using deep learning and NLP.
  • SceneIC: Identifies and captures content in scene changes in OCR and images to identify risky shown text or images.
  • ScriptComp: Detects variance between pre-approved scripts and recorded voice in video and audio files, with visual highlights.
  • TranscriptionRN: Applies NLP-based relevance normalization to transcribed audio, thereby removing the manual verification burden for reviewers.
  • True Participant ID: Identifiers participants for people-centric risk policies without the registration requirements of voice and face Gen 1 recognition.
  • STAR3 Secured Platform: A secure location storing all audio recordings, videos, and ad marketing scripts with unique encryption keys.
  • Archive Lifecycle: Complete control over the lifecycle of files, so users can decide how data is managed as it ages and support external auditor requests.
  • Archive Connector: Comprehensively collect all chat messages and integrate them into a record-keeping solution, with the full context of each chat.
  • Theta Lake Compliance Advisor: Provides risk scores and policy detections within reviewers’ comments to assist with the review process.
  • Visual Workflow Editing: Built-in workflow templates with editable diagrams, automated validation, and optimization.
  • Smart Workflow Review: Intelligent rules which route video, audio, and document content to different locations based on its source, media type, and policy.

Theta Lake Compliance Platform Benefits

Named a Gartner Cool vendor in 2019, Theta Lake has produced a comprehensive suite for managing risk and compliance in the modern world. The Theta Lake Compliance platform offers exceptional compliance coverage, with over 85 built-in policy templates for detecting specific threats.

The comprehensive series of tools helps to automate the discovery of potential policy issues and risks while ensuring companies can more effectively review and manage data. Some of the main benefits of the platform include the following:

  • Exceptional flexibility: Through authorized API integrations, Theta Lake can easily ingest video, text, and audio from various collaboration platforms and content management systems, including Microsoft Teams, RingCentral, Cisco Webex, Vimeo, YouTube, and more. Users can also upload content to the ecosystem directly.
  • Powerful AI: The Theta Lake Compliance platform uses advanced machine learning and natural language processing to detect security, privacy, and regulatory risks quickly and automatically. There are built-in policies to help pinpoint issues connected to FINRA, FCA, and SEC Reg BI guidelines. Plus, companies can create custom detectors for internal projects, unique identifiers, and conceptual topics.
  • Comprehensive coverage: Users can access templates to detect risks connected to existing regulatory guidelines or build custom policies. The capture and content analysis tools cover all forms of communication, from video to text and audio. Plus, companies can retain the contextual information they need when assessing communication files and discussions.
  • Secure Archiving: Theta Lake Compliance platform offers companies a comprehensive search, archive, and eDiscovery system with the STAR secured platform. Admin users can access complete control over their archive lifecycle and use the Archive connector to seamlessly link data from different environments. Theta Lake also supports a number of third party archives as well.
  • Review Support: The Theta Lake Compliance platform offers all-in-one visibility into compliance and security risks while using AI to guide and support reviewers in their crucial projects. The Theta Lake Compliance Advisor can add risk scores to comment flows. At the same time, the series of automation templates allows companies to transform compliance into a series of simple and repeatable workflows.

Theta Lake Compliance Platform Review: Verdict

In a world where communication strategies are becoming increasingly complex, companies must ensure their teams remain compliant and avoid risk across every channel. The Theta Lake Risk and Compliance Suite      offers an end-to-end, purpose-built solution to business leaders with solid policies and regulations to consider.

Compliant with a wide range of leading regulatory guidelines, this platform      makes it easier to capture, store, manage, and review content according to each company’s unique needs. The powerful suite of tools combines intelligent workflows and automation with machine learning, natural language processing, and templates to simplify the complexities associated with compliance.

Moreover, with Theta Lake, companies can reduce the risk of data silos in their landscape by combining data from multiple platforms and environments into one point of truth. For exceptional compliance, Theta Lake has everything today’s businesses need.

Links:

Break through compliance barriers in Microsoft Teams

Chat Compliance Resource Kit

Selective Archiving Resource Kit

 

 

Microsoft TeamsSecurity and Compliance

Brands mentioned in this article.

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