Reuters provides secure IM for finance houses

Reuters is to release a messaging system based on Microsoft technology which will offer secure communications for the financial...

Reuters is to release a messaging system based on Microsoft technology which will offer secure communications for the financial services industry.

Instant messaging (IM) allows online communities to be formed across the Internet in real time. Touted as a business-friendly alternative to e-mail, IM has become particularly popular among traders in the financial services community.

When a member of the community goes online, all their peers are informed and can communicate with them instantly through their PCs.

Reuters Messaging will be released at the end of September. It will be able to communicate with Divine's Mindalign IM system, which already has 60,000 users in financial organisations.

Both Reuters Messaging and Mindalign use encrypted connections, and conversations can be automatically stored to satisfy legal requirements.

Andy Konchan, director of e-commerce global financial markets at international bank ABN Amro, said, "The successful combination of Divine Mindalign and Reuters Messaging services will significantly improve communication between buy-side and sell-side firms."

CW+

Features

Enjoy the benefits of CW+ membership, learn more and join.

Read more on Operating systems software

0 comments

Oldest 

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to:

-ADS BY GOOGLE

SearchCIO

SearchSecurity

  • Dissecting the Hack

    In this excerpt from chapter three of Dissecting the Hack: The V3RB0TEN Network, authors Jayson E. Street, Kristin Sims and Brian...

  • Digital Identity Management

    In this excerpt of Digital Identity Management, authors Maryline Laurent and Samia Bousefrane discuss principles of biometrics ...

  • Becoming a Global Chief Security Executive Officer

    In this excerpt of Becoming a Global Chief Security Executive Officer: A How to Guide for Next Generation Security Leaders, ...

SearchNetworking

SearchDataCenter

SearchDataManagement

Close