24 Seven launches MiFID II compliant call recording solution for SMEs

A mobile call recording solution for SMEs that enables compliance with the new MiFID II rules has been introduced by 24 Seven.

The company is known for its UK National Roaming work and the Jump SIM, which has been further developed to maximise MIFID II compliance.

24 Seven founder David Samuel said: "MiFID II has been a long time in the making, but many firms, particularly SMEs still aren't prepared.

"Many experts still don't know the true impact, but as the regulations came into force on January 3rd, it's likely to be a major headache to start the new year with."

Samuel also noted that the mobile call recording solution on offer from 24 Seven addresses the issue of coverage through the Jump SIM, while giving financial services firms a secure way to record conversations and become MIFID II compliant.