FaceTime to provide regulatory compliance for Instant Bloomberg

FaceTime to provide regulatory compliance for Instant Bloomberg

Bloomberg has commissioned FaceTime Communications to extend its IM Auditor regulatory compliance solution to the market data firm's instant messaging network.

FaceTime CEO Glen Vondrick, says IM Auditor will ensure that messages passed through Instant Bloomberg are compliant with SEC, Nyse and NASD regulations for capturing, archiving and reporting on electronic communications.

FaceTime's IM solutions are used by over 50% of the largest global 100 financial institutions, including seven of the eight largest US banks. The company also works with other third party IM networks, including Reuters Messaging.

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