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Leading Financial Institutions and SecuritiesHub Deploy the Communicator Hub IM Instant Messaging Service |
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30,000 Professionals at the Eight Banks and 2,000 Institutional Money Management Firms Make Communicator Hub IM the World's Largest Corporate, Multi-Enterprise Instant Messaging Service WHITE PLAINS, NY-April 8, 2002 - Eight of the world's leading financial institutions and SecuritiesHub LLC, an online financial community that links securities dealers with institutional investors around the globe, announced today availability of the Communicator Hub IMservice to instantly, securely and cost-effectively communicate within and across their organizations and with their customers. More than 30,000 professionals at Credit Suisse First Boston, Goldman Sachs, JPMorgan Chase, Lehman Brothers, Merrill Lynch, Morgan Stanley, Salomon Smith Barney, UBS Warburg and over 2,000 institutional money management firms can use the service for messaging and one-click access to authorized content and applications. This makes Communicator Hub IM the largest corporate, multi-enterprise instant messaging service. "We welcome Communicator Hub IM as a means to enhance real-time communications with clients, colleagues and market participants," said Vic Simone, managing director of e-commerce at Goldman Sachs. "Communicator Hub IM provides clients with an additional secure, convenient tool to access, leverage and capture value from our sales, trading and research platform." "Investment banks have recently tried various messaging tools for internal communications between sales, trading and research," said John Giannotto, director and COO of Fixed Income Coverage and Research at Credit Suisse First Boston. "By replacing short e-mails and phone calls, IMs have made our people more efficient. Now that Communicator Hub IM allows us to extend those capabilities to clients, partners and suppliers, we expect to realize substantial benefits." "Our employees and clients require a reliable and secure way to send and receive messages instantly; their productivity depends on it," said John Casaudoumecq, managing director and head of Global Fixed Income e-commerce for Salomon Smith Barney. "We looked at third party Internet messaging systems, but information security is crucial in this business and we were not comfortable leaving ours in the hands of an open Internet provider. Communicator Hub IM addressed these concerns, and Communicator Inc delivered it to us quickly and at a reasonable rate." Communicator Inc worked with SecuritiesHub to develop an address book that encompasses the eight financial institutions as well as their customers and partners. While the address book is open to all members of the community, strict access control and authorization tools ensure that the integrated content and applications can be accessed by only those who are authorized to receive it, even if it is forwarded from a third party. "Key to successful business communication is a secure messaging system for a community of competitors who share common customers," said Leo Schlinkert, president and CEO of Communicator Inc. "The Communicator Hub IM service addresses this issue by offering business instant messaging as a full service and allowing customers to maintain control of their employee and customer directories." About Communicator Inc About SecuritiesHub |
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