ASC (www.asctelecom.com), a leading global provider of innovative solutions to record, analyze and evaluate multimedia-based communications, today announced the installation of its flagship recording solution, MARATHON EVOLUTION, for the LGT Group, an international wealth and asset management organization, at its headquarters and branches in Liechtenstein, Switzerland and Austria.

Managed by the Princely House of Liechtenstein for 80 years, the LGT Group encompasses 1,900 employees in 29 locations in Europe, Asia, the Middle East and the Americas.

MARATHON EVOLUTION is being used in Liechtenstein to record and archive all trading business conducted over Siemens HiPath phone systems at a central location in Bendern. Trading and consulting calls from all 10 branches in Switzerland are centrally captured in Zurich, Basel and Geneva. For LGT in Austria, all conversations are stored in Vienna.

Communications recording systems from ASC help financial institutions with many tasks and guarantee reliability, flexibility and fast access to their data. These tasks include evidential recording, used by financial institutions to protect themselves against unjustified claims for damages by documenting phone transactions.

ASC’s solution is also being used by the LGT Group to comply with legal requirements. These regulations include laws to protect investors, the fulfillment of documentation requirements (FINMA) in Switzerland and the international security standards of the payment card industry.

ASC worked together with its Swiss partner, Swisscom, on the project.