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Nice, Cloud9 merge compliance platforms

Israeli financial technology company Nice Ltd. completed integrating its trade communication recording platform with that of its U.S.-based counterpart Cloud9 Technologies LLC.

Nice merged its Nice Trading Recording System, a compliance-focused trade conversation recording platform, with Cloud9's C9 Trader platform, which provides a secure cloud-based communication platform to financial services providers.

With the integration of the two platforms, financial services companies can ensure compliance with regulations around recording and retaining trade communications.