22 October 2017

Bloomberg to enhance messaging compliance with Orchestria software

07 October 2004  |  451 views  |  0 Source: Orchestria

Bloomberg LP and Orchestria Corporation today announced a strategic alliance under which Orchestria will provide Bloomberg with a range of integrated messaging compliance solutions for the financial services market.

The hosted solutions will be offered as part of the Bloomberg terminal service and will include support for Bloomberg email and Instant Bloomberg, the instant messaging service for Bloomberg users.

Bloomberg users exchange millions of messages per day, many of which are subject to strict regulatory requirements. Orchestria's market leading Active Policy Management (APM) technology will allow Bloomberg users to check each message for compliance with the relevant rules in real-time, as the message is sent. Additional functionality, including long term message archiving, compliance review and litigation support, will be provided, as will full integration with existing APM deployments.

"Bloomberg is continually improving its services and functionality to provide greater and greater value to Bloomberg users," according to Gerald Walker of Bloomberg. "In addition to the e-mail review, retrieval and other compliance functionality already offered by Bloomberg, Orchestria's market-leading technology gives Bloomberg users the state of the art in compliance solutions for the financial community. Existing and future Orchestria clients will also benefit from seamless application of email policy across Bloomberg and internal communications systems."

“Orchestria has rapidly established itself as the market leader in advanced messaging compliance solutions,” Mr. Walker continued. “With sizeable deployments in many of the largest investment banks, they were the obvious technology choice to extend the compliance capabilities of the Bloomberg terminal."

"The extensive adoption of Bloomberg throughout the financial services industry will allow Orchestria to introduce the benefits of Active Policy Management to a broader audience, as well as extending the functionality we provide to our existing customers," said Bo Manning, CEO, Orchestria. "This alliance clearly extends the market leadership of both organizations."

The solutions will be available to Bloomberg users later this year.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Bloomberg

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
13069 views comments | 17 tweets | 28 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
12147 views comments | 22 tweets | 28 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9521 views comments | 13 tweets | 10 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9030 views comments | 11 tweets | 22 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8546 views comments | 9 tweets | 18 linkedin

Featured job

Find your next job