Telephone services are crucial to
London-based investment bank KBC Peel
Hunt.
Providing corporate advisory and stockbroking services to more than 120
companies with a market capitalisation of between £150m and £5bn, the company
ranks as one of the top stockbrokers in the UK.
‘Voice communication is vital to our business,’ says IT director David Flint.
‘We cannot afford a glitch in the service, whatever the cause. In the market
there is a lot of emphasis on data continuity, but they forget about the voice
side, which is equally important for many businesses.’
Initially, KBC Peel Hunt sought a business continuity system that would
instantaneously and seamlessly recover 100 per cent of its incoming calls and
intelligently reroute them to any specified alternative numbers.
‘We realised that further commercial advantage could be obtained by combining
a digital voice recording module with a business continuity solution,’ says
Flint.
Financial Services Authority
regulations demand that all trading floor telephone conversations are recorded
for verification and compliance purposes and, in the case of dispute resolution,
to provide definitive court evidence.
After evaluation, KBC Peel Hunt decided on a fully-managed solution from
GemaTech. ‘The system provided exactly
what we needed without the need to change any of our telephone numbers,’ says
Flint.
‘In addition, GemaTech is one of the few companies that can locate equipment
in a local exchange – that is a big benefit to us in terms of risk reduction.’
KBC Peel Hunt is assured of continuous service because the host system is
sited in the local telephone exchange with a data link to the company offices
and its disaster recovery site. Independent web access means that in the case of
an incident, rerouting incoming calls can be achieved quickly from any remote
internet connection.
‘In the past if our link to the exchange went down, we would lose all our
phone connectivity,’ says Flint.
‘Now if anything should happen to our building – fire, flood, terrorist
attack, or a power outage – our phone connections are preserved and can be
instantly diverted or put on automatic voicemail. We do not lose any of those
vital calls.’
Even if adverse weather conditions prevent staff from reaching the office,
business can carry on as usual with calls easily rerouted to home or mobile
phones.
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