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Hearsay Social Cited as a Leader in Social Risk and Compliance Solutions by Independent Research Firm

Hearsay Social Receives Highest Scores in Risk and Compliance Enablement, End User Experience, and Global Reach

SAN FRANCISCO, CA -- (Marketwired) -- 05/07/14 -- Hearsay Social, provider of the leading social business platform for the financial services industry, today announced that Forrester Research, an independent technology and market research company, has recognized Hearsay Social as a leader in social risk and compliance solutions, according to a May 2014 report, "The Forrester Wave™: Social Risk and Compliance Solutions, Q2 2014." Out of 10 evaluated vendors, Hearsay Social received the highest scores in risk and compliance enablement, end user experience, and global reach.

In the evaluation, which assessed vendors that enhance social media engagement while mitigating risk and enforcing compliance, Forrester noted that Hearsay Social "offers a superior balance of risk controls and user experience. Hearsay Social is a Leader in this Forrester Wave because the platform provides a highly intuitive user interface with robust functionality to manage and control posts with pre-defined policy templates."

"Heavily focused in financial services, Hearsay Social earned one of the top scores in the end user experience category and demonstrated some of the largest customer implementations, including managing social engagement for over 12,000 users for a very large North American insurance and financial services organization."

"We are proud to see Forrester acknowledging Hearsay Social as a leader in social risk and compliance solutions," said Hearsay Social CEO Clara Shih. "In order to best serve financial professionals doing business on social media, Hearsay Social helps firms address regulatory compliance and supervision requirements at scale. We're dedicated to providing financial services and insurance firms with the social business and compliance technology to engage and be successful on social media."

Download a copy of "The Forrester Wave™: Social Risk and Compliance Solutions, Q2 2014" here.

About Hearsay Social

Hearsay Social empowers global financial services teams to efficiently and successfully use social media to attract prospects, retain customers, and grow business. The enterprise-ready solution helps agents and advisors quickly and easily move beyond yesterday's relationship building tactics and to get found and strengthen relationships with social media. Tens of thousands of financial services professionals worldwide use Hearsay Social every day to hear and respond to everything their customers and prospects are saying on top social networks, including Facebook, LinkedIn, Twitter, and Google+. The Hearsay Social platform boosts advisor and agent productivity while enabling brand integrity and compliance for even the most regulated industries.

Hearsay Social, a LIMRA Elite Strategic partner and SIFMA strategic partner, has raised $51M from Sequoia Capital, NEA, and top executives from Facebook, Twitter, and Google, and is headquartered in Silicon Valley with dedicated local presences in New York, Chicago, Atlanta, Austin, London, and Paris.

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