24 January 2018
visit www.ebaday.com

Bloomberg to enhance messaging compliance with Orchestria software

07 October 2004  |  459 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


Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.vasco.comvisit www.capgemini.com

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
9776 views comments | 38 tweets | 48 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
9482 views comments | 14 tweets | 14 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8515 views comments | 17 tweets | 11 linkedin
Metro Bank joins digital revolution with instant online account openingMetro Bank joins digital revolution with i...
7033 views comments | 13 tweets | 25 linkedin
Could distributed ledgers restore the reputation of the MBS market?Could distributed ledgers restore the repu...
7015 views comments | 6 tweets | 9 linkedin

Featured job

New York, NY - USA (some flexibility on location)

Find your next job