Autonomy reports Bloomberg contract

Source: Autonomy

Autonomy Corporation (LSE: AU. or AUTN.L), a global leader in infrastructure software for the enterprise, today announced that Bloomberg has chosen its core Intelligent Data Operating Layer (IDOL) technology and its Aungate Real-Time Governance solutions to power and integrate with a number of the messaging and compliance services on the Bloomberg Professional service.

The Bloomberg Professional service is the leading global source of data, analytics and news for financial and legal professionals. The Autonomy solutions will support Bloomberg users in adhering to strict regulatory requirements as they interact over a number of the Bloomberg messaging services, including e-mail and "Instant Bloomberg", the instant messaging service for more than 300,000 Bloomberg users worldwide.

Bloomberg users exchange millions of messages per day, many of which are subject to strict regulatory requirements. The Aungate Real-Time Governance solutions, which are setting the standard for compliance monitoring, records retention, eDiscovery & policy management operations, will enable Bloomberg users to manage and process Bloomberg messages and content in compliance with relevant rules and enterprise governance operations in real-time.

"Bloomberg is continually improving its services and functionality to provide even greater value to our users," said Tom Secunda of Bloomberg. "In addition to e-mail review, retrieval and other compliance functionality, the Aungate solutions will provide Bloomberg users with a range of real-time governance options that seamlessly integrate records retention, eDiscovery and policy management operations with the Bloomberg content."

"Autonomy is proud to provide Bloomberg users with the world's market-leading platform for processing unstructured information," said Ian Black, managing director of Aungate. "The application of Aungate on Bloomberg will enable Bloomberg subscribers to manage compliance of messages and content intelligently and automatically in real-time."

The unique Aungate technology already powers many of the world's largest enterprises, integrating the entire spectrum of governance operations from monitoring through to eDiscovery. It significantly reduces the cost and risk associated with failing to manage content accurately by relying on manual labor or keyword based technology. Whether it be email, Instant Messaging (IM), rich media, structured or legacy data, Aungate is the only technology solution that can conceptually integrate Bloomberg's content with all known enterprise sources.

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