Reuters Messaging, based on Microsoft Office Live Communications Server technologies, can be used even by those who dont yet subscribe to Reuters servicesand has the added benefit of being free. And Reuters Messaging logs you in using your full, real name, rather than a screen name. Due to compliance concerns, many financial institutions have their own enterprise systems that function as gated communities. In the wake of the SEC regulations, IMlogic has announced a new quick-start package, available now, designed to help hedge fund advisers comply with the mandates to secure and save IM communications. The company says the package will help companies put IM usage in compliance quickly and without a high price tag. To read about the tension over IM interoperability, click here.These include reliable logging of IM conversations across all major public networks, the ability to create communication boundaries to enforce authorized-only communications, a message archive with employee data for enhanced search capability and reporting, a search and retrieval interface, and the ability to print e-mail compliance reports. The package includes additional security, compliance and policy enforcement features required to support the SEC ruling. IMlogic also announced Thursday that it has signed up a number of partners with financial services expertise to help hedge fund firms with limited IT resources implement the Quickstart Pack, including 17a-4 LLC and Integration Consulting Group (ICG). Customers also can outsource their IM compliance requirements to IMlogic hosting provider partners, including Richard Fleischman & Associates Inc., RFA, Safecore and FivePoints Compliance Inc., eliminating the need for new software, hardware and support staff investments. Check out eWEEK.coms for the latest news, views and analysis on financial applications and services for the enterprise and small businesses.
The IMlogic Quickstart Pack for Hedge Funds includes IM Manager, an enterprise-class IM management solution. IM Manager allows hedge fund firms to meet SEC archiving and policy requirements for IM by providing all of the necessary tools to capture and review all IM traffic.