Borsa Italiana signs with BackWeb for company news announcements

Borsa Italiana, the Italian Stock Exchange, has selected BackWeb ProactivePortal technology to comply with government guidelines for the timely delivering of company news to press agencies.

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Borsa Italiana signs with BackWeb for company news announcements

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This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The technology has been implemented by BIt Systems, the IT company of Borsa Italiana, replacing paper-based fax communications. It features a closed-loop reporting system, through which the exchange can track whether or not the recipient has interacted with the information.

Andrea Giochetta, CEO of BIt Systems, comments: "We now have the capability to know when information is received and accessed, two critical components of our communications strategy."

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