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News < Back Compliance : Sarbanes Oxley : Technology : Instant Messaging REUTERS SELECTS FACETIME AS OEM PROVIDER FOR ITS REUTERS MESSAGING COMPLIANCE SOLUTION Reuters to offer Reuters Messaging Compliance Manager to Provide its Customers with FaceTime?s True Compliance Capabilities
The new compliance solution, which Reuters plans to release later this year, will support customers? needs to meet strict compliance and corporate governance requirements imposed on the highly regulated financial services sector. This announcement complements Reuters existing relationship with FaceTime under the Reuters Messaging Compliance Partner Program. FaceTime?s industry unique TrueComplianceTM are a collection of features that support the need for strict regulatory compliance for IM and P2P networks. These features will support the upcoming Reuters Messaging 5.0, to include forms and multi-party persistent chat.
Kailash Ambwani, President and CEO at FaceTime Communications, said: ?FaceTime is proud to collaborate with Reuters, the dominant provider of messaging solutions for the world?s financial services firms. Through this alliance, Reuters Messaging customers stand to benefit from the world?s only solution that truly complies with all government regulations.? FaceTime was selected by Reuters for FaceTime?s longstanding leadership in both innovation and market share in the IM compliance, management and security space; the robust functionality, stability and scalability of its product suite; and a successful track record with OEMs. As a next step, Reuters plans to make Reuters Messaging Compliance Manager available on a hosted basis. For more information about Reuters Messaging Compliance Manager, please visit www.reuters.com/messaging. Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 14,500 staff in 91 countries. This includes 2,300 editorial staff in 196 bureaus serving 129 countries, making Reuters the world's largest international multimedia news agency. In 2004, Reuters Group revenues were ?2.9 billion. Reuters and the sphere logo are the trade-marks of the Reuters group of companies. Founded in 1998, FaceTime Communications is the leading provider of security and management solutions that address network and information security and regulatory and corporate compliance for IM, P2P and other real-time communications. FaceTime's award-winning solutions are used by over 500 customers, with over 50 percent of the largest global 100 financial institutions, including seven of the eight largest U.S. banks. Hundreds of customers worldwide, including Chicago Stock Exchange, Dominion Energy, NCR, Southern Company, Standard Bank London, Thomas Weisel Partners, USAS Technologies and Wachovia Securities among others rely on FaceTime solutions. FaceTime has strategic partnerships with all leading public and private IM network providers, including AOL, Microsoft, Yahoo!, IBM, Bloomberg, Jabber and Reuters. FaceTime is headquartered in Foster City, California. For more information visit http://www.facetime.com or call 888-349-FACE. |
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