| Bond.Hub
Usage Grows Over 33% in the Past Year and Contract Extended with Communicator Inc Through 2009 |
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Bond.Hub hits record level usage with over 15,000 buy-side users across the world White Plains, NY, September 29, 2005- Communicator Inc announced today that Securities Hub LLC has renewed another three-year contract with Communicator to manage and operate the Bond.Hub service, the leading fixed-income portal. This renewal provides for the continued operations of Bond.Hub through its tenth anniversary in 2009 and highlights the continued importance of identity management and information aggregation in the institutional securities industry. “I find myself using the dealers’ sites who participate on Bond.Hub more than those dealers who are not on Bond.Hub. The Bond.Hub single ID and password provide me easy access to co-mingled headlines and searching that works across multiple dealers’ sites,” says Brad Boyd, Portfolio Manager at Payden & Rygel Global LTD. Through Bond.Hub, Communicator Inc provides ID and single sign-on and permissioned content aggregation for over 15,000 buy-side users on behalf of nine top global financial institutions. Bond.Hub expects to expand the number of dealers which now include Bank of America, Citigroup, Credit Suisse First Boston, Goldman Sachs, JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley and UBS Investment Bank. "This year, we look forward to enhancing our service to the institutional investment community by adding more dealers with a strong presence in fixed income research,” said Scott Sparr, Chairperson of Securities.Hub and Director, Global Debt Services at Merrill Lynch. “Bond.Hub provides a very meaningful service to our institutional
clients by offering them an efficient way to access our fixed income
research. It’s a great delivery solution and we're very pleased
with our related client feedback,” said Matt Frymier, a principal
within Bank of America’s Strategic Investment Group. “It is clear from the numbers that being on Bond.Hub drives a significant increase in customers to dealers’ research,” says Leo Schlinkert, president and CEO of Communicator Inc. About Communicator Inc
Communicator is a financial technology firm that provides investment managers and broker-dealers a suite of services for identity management, communications, compliance & operations. Communicator's services include Compliance Hub, which provides OTC derivatives post trade processing, counterparty documentation and regulatory certifications services to over 1,600 financial firms; Hub Connex, which provides over 800 buy-side firms and leading broker/dealers a secure cross-company communication platform; and identity services that are used to manage over 400,000 user identities and profiles across the industry. For more information visit www.communicator.com, call 914-872-2840 or email sales@communicator.com. About Securities Hub LLC Securities Hub LLC is a utility, owned by nine top Wall Street firms and Communicator Inc, to create an online service to link broker-dealers with institutional investors around the globe. Securities Hub highlights each of the dealers' brands, content and customer relationships through Communicator's secure, cross-enterprise identity management technology. Securities Hub provides the highly successful Bond.Hub, which was launched in December 1999. Over 15,000 institutional investors from more 60 countries use this service, making Securities Hub the largest and fastest-growing consortium in the Securities Industry. Bond.Hub was voted #1 on research, new issue information and breadth of product in The Banker customer survey and #1 ranked multi-bank research platform by Euromoney. More than 600 analysts and traders contribute daily to the service, which co-mingles bond market prices, data, news and research from the nine participating dealers. Bank of America, Citigroup, Credit Suisse First Boston, Goldman Sachs, JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, and UBS Investment Bank own an interest in the venture. Communicator Inc, a minority owner, operates the business and provides the technology and infrastructure. For more information, visit www.securitieshub.com. # # #
Bond.Hub is a service mark of Securities Hub. Copyright © 2005 Communicator Inc — All rights reserved |
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