Tuesday, November 5, 2024

Vitol Enhances Compliance Monitoring With the Implementation of Behavox Quantum

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Behavox announced that Vitol, a global energy and commodities company, has successfully implemented Behavox’s Quantum AI SaaS solution.

Behavox Quantum enhances Vitol’s risk coverage by providing commodity trading-specific risk coverage to proactively detect misconduct. Vitol has implemented Behavox Quantum AI Risk Policies to ingest and monitor its enterprise communications for compliance risk.

“Initial implementation of Behavox technology has been encouraging and provided some valuable insights,” said Odile Roy de Puyfontaine, Head of Compliance at Vitol.

Vitol, one of the world’s leading energy traders, joins some of the largest global energy and commodity trading firms in adopting Behavox Quantum to proactively detect misconduct.

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Nabeel Ebrahim, Chief Revenue Officer at Behavox, said: “We are proud to work with an organization of Vitol’s caliber, who are committed to continuously reviewing and enhancing their communication monitoring program to meet evolving compliance needs.”

Behavox is the leading provider of AI-driven compliance and security solutions, empowering organizations to proactively detect and mitigate human risks within the organization. Behavox leverages large language models and generative AI to transform how compliance and security teams manage risks and safeguard organizational integrity. Through innovative products such as Behavox Voice and Behavox Insider Threat, Behavox continues to shape the future of compliance and security risk management.

SOURCE: BusinessWire

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