Verint^® (NASDAQ: VRNT), The Customer Engagement Company^®, today announced that Verint Financial Compliance™ has earned co-sell ready status with Microsoft and is now available in the Microsoft AppSource Marketplace for use on Azure. This news follows the recent Microsoft Co-sell Open CCaaS Platform announcement in August.

Earning co-sell ready status enables Verint to work even more closely with Microsoft. Verint’s Financial Compliance solution on Azure provides a global archive with easy access and compliance controls enabling financial institutions to reduce risk and increase regulatory compliance, while lowering operating costs.

Verint Financial Compliance running natively on Azure is secure, scalable and provides a new level of compliance for customers. The solution can be combined with Verint recording bots to securely manage the archiving, storage and retention of recorded conversations to Azure Blob Storage. Verint Financial Compliance on Azure gives customers a complete and secure capture, archive, and analysis solution—enhancing the data in their communications and trade surveillance platforms to meet the demands of all Buy and Sell side organizations in the financial markets.

This announcement builds on a twelve-year relationship between Verint and Microsoft to deliver advanced communication compliance controls for Skype for Business. Today, the Verint Financial Compliance solution on Azure offers unparalleled compliance controls on all modalities in Microsoft Teams. The solution combines best of breed capture for voice, video, and channel-based chat including persistent chat, modern attachments, memes, and gifs. This capture functionality is tightly integrated with high levels of transcription accuracy, automated language detection, and AI-driven biometric and sentiment insights.

“We are excited to expand on our long-standing partnership with Microsoft in the financial sector by building on the compliance capabilities already in place,” says Verint’s John Bourne, senior vice president, global channels and alliances. “Verint Financial Compliance in the AppSource Marketplace gives banks and financial services worldwide an industry-leading compliance solution to help overcome complex compliance challenges while reducing operational costs.”

Microsoft AppSource is an online marketplace where users can find, try, and then buy and deploy thousands of business apps and services that enable innovation and drive business outcomes.

Visit Verint Financial Compliance in the Microsoft AppSource Marketplace here.

Visit Verint Financial Compliance to learn more.

About Verint

Verint^® (NASDAQ: VRNT) helps the world’s most iconic brands continuously elevate the customer experience (CX) and reduce operating costs. More than 10,000 organizations in 175 countries – including over 85 of the Fortune 100 companies – rely on Verint’s open customer engagement platform to harness the power of data and AI to maximize CX automation.

Verint, The Customer Engagement Company^®, is proud to be Certified™ by Great Place To Work^®. Learn more at Verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2023, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, VERINT DA VINCI, VERINT OPEN CCAAS, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, AND THE ENGAGEMENT CAPACITY GAP are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

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