Smarsh, Socialware Partner to Command Social Media Compliance Market

I’d like to be able to say that I saw this coming, but that’s not entirely the case.

Today, Smarsh, Inc. the leading email archive solution provider to financial advisers, and Socialware, a provider of social media archive and policy enforcement tools, announced a partnership to combine their respective technologies to provide one solution for messaging and social media governance and compliance.

Click here to view the press release on Smarsh’s website.

I’ve written about both Smarsh and Socialware before, and while each company’s products could help advisers comply with regulatory requirements when using social media, neither offered an all-in-one solution. Smarsh dominates the archiving market, but lacks coverage in the social media space. Socialware commands the social media space, but doesn’t specialize in compliant archiving.

So I view the partnership as a very promising relationship in support of an all-in-one social media compliance solution to satisfy FINRA and SEC regulatory requirements.

I hope to be able to check out the offering in the future and report back on its capabilities (either here or in my other media outlets).

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