Hearsay Systems, the trusted leader in compliant last-mile digital communications for the financial services industry, today announced that it is a finalist for WealthManagement.com’s prestigious 2020 Industry Awards, in the Technology Providers: Social Media Leadership category, for its initiative regarding Safeguarding Social during COVID.
“We are honored to be named a finalist for the Social Media Leadership award, as we have been advancing the effectiveness of compliance in social media for more than 10 years,” said Leslie Leach, Hearsay Systems Vice President of Marketing. “An acknowledgement like this by WealthManagement.com, an organization dedicated to supporting and elevating financial professionals, validates the focus and commitment Hearsay devotes to transforming client engagement within the financial services industry.”
Now in its 6th year, the WealthManagement.com Industry Awards program recognizes the outstanding companies, individuals and organizations that make a real difference in the daily activities of financial advisors. For the 2020 Industry Awards, Hearsay is one of 155 finalists selected from 625 nominations.
The social media leadership award recognizes thought leaders in the space. Hearsay’s submission, Safeguarding Social during COVID, highlights the criticality for wealth management firms to confidently empower their advisors to continually engage clients through turbulent times when the risk of misinformation is heightened. With social media on the front lines of this issue, it’s critical for advisors to be proactive and provide a steady drip of updates to keep clients continuously informed. These are key moments for building stronger relationships and loyal clients.
However, financial institutions need to ensure what goes out is both accurate and representative of a firm’s view. To address these challenges, Hearsay arms customers with risk mitigation features to identify, prevent, and track sensitive communications related to COVID-19 and alleviate compliance challenges. These tools offer a scalable, intelligent defense for firms and their compliance teams, providing stronger, more efficient coverage against digital risk. By tracking these COVID-19 engagements, business and compliance leaders can understand how their field is operating amidst the pandemic and better assess advisors’ overall impact.
A panel of independent judges made up of top names in the industry will determine the WealthManagement.com 2020 Industry Award winners who will be announced at the Wealthies Live Virtual Event, September 10, 2020.