---
title: Communications Surveillance
seoTitle: Communications Surveillance for Microsoft Teams Calls
description: Check recorded Microsoft Teams calls for signs of insider dealing and market manipulation under your own rules, with transcripts from AI models in the EU.
subnav: true
finished: true
---

> [!herorow]
> Communications Surveillance
>
> # Market abuse surveillance *for your recorded calls*
>
> Argus Archive checks recorded calls for signs of insider dealing and market manipulation, under your own rules, and alerts your surveillance team.
>
> [Get a demo](/request-a-demo/)
>
> ![Argus Archive alerts for insider information and front running, with one alert escalated and added to a case](/media/uploads/2026/10/26-copilot-alert.jpg)

> [!statement]
> Problem
>
> ## Voice is where market abuse is *hardest to see*
>
> ### Insider dealing
>
> Trading on information that isn't public.
>
> ### Unlawful disclosure
>
> Inside information passed to someone who shouldn't have it.
>
> ### Market manipulation
>
> Prices or orders pushed to mislead the market.

> [!pillars]
> Capabilities
>
> ## Surveillance for what was said
>
> Each capability below is covered in detail on its own product page.
>
> ![](/assets/icons/callrec-icon-phone-calls.png)
>
> ### Flag risk during or right after the call
> With the Real-time add-on, rules check calls as they happen. Other calls are checked as soon as they end. Each alert has an assignee and a status, so someone owns it.
>
> [Learn more](/product/real-time-analytics/)
>
> ![](/assets/icons/comprec-icon-enforced-by-policy.png)
>
> ### Write rules for your desks
> Describe inside information, front running or price manipulation in plain language, and assign each rule to the people it covers.
>
> [Learn more](/product/ai-workflows/)
>
> ![](/assets/icons/callrec-icon-responsible-ai.png)
>
> ### Trust the rules you run
> Test each rule against past calls before it goes live, and keep a history of every version.
>
> [Learn more](/product/ai-assurance/)
>
> ![](/assets/icons/callrec-icon-summary.png)
>
> ### Read instead of listening
> Analysts read speaker-labeled transcripts from frontier AI models hosted in the EU, instead of listening to hours of audio.
>
> [Learn more](/product/speech-to-text-transcription/)
>
> ![](/assets/icons/callrec-icon-search.png)
>
> ### Find the calls around an alert
> Search by meaning, participant, date or tag, and replay the passage that matters.
>
> [Learn more](/product/ai-search-and-replay/)
>
> ![](/assets/icons/callrec-icon-case.png)
>
> ### Show how each alert was handled
> Escalate or close each alert with a reason, gather the calls into a case, and keep every step in the audit trail.
>
> Learn more

> [!faq]
> FAQ
>
> ## Frequently asked questions
>
> Still have questions? Ask the team that built it.
>
> [Talk to us](/contact/)
>
> ### Is it just keyword spotting?
> No. Rules use large language models that read each passage in context, so you describe a risk in plain language instead of listing keywords.
>
> ### Can we test a rule before it goes live?
> Yes. Run it against past calls first, review the results, then publish it.
>
> ### Does it check calls while they happen?
> Yes, for users with the Real-time add-on. For everyone else, calls are checked after they end.
>
> ### Who can see the alerts?
> Only people whose role allows it: all alerts, their group's alerts, or just the alerts assigned to them. Argus looks only for what your rules describe and has no emotion or voice recognition.
>
> ### Does it link calls to trade data?
> Not by itself, but your trade surveillance can draw on it. Connect your own systems through the REST API, ask about calls, transcripts and alerts from Microsoft 365 Copilot on Professional and Enterprise, or export calls when you need them elsewhere.
>
> [See integrations](/integrations/)
>
> ### How much does it cost?
> Argus Archive is priced per user, per month, with usage included, and you're warned before you go over.
>
> [See pricing](/pricing/)

> [!articles]
> Articles
>
> ## Worth reading
>
> Voice recordkeeping, enforcement and what AI changes for surveillance.
>
> - /blog/how-poor-voice-recording-controls-led-to-a-650000-cftc-penalty-and-how-regulated-firms-can-avoid-the-same-mistake/
> - /blog/real-time-vs-download-communication-recording/
> - /blog/the-fcas-mills-review-why-ai-makes-communications-archives-more-important-than-ever/