SOURCE: Communicator Inc

November 07, 2005 08:00 ET

Communicator Inc Joins AOL's Enterprise Federation Partner Program to Deliver an Integrated Messaging and Compliance Solution to Wall Street

Alliance With America Online®, Inc. Enables Communicator to Offer Access to the AOL Messaging Network and Complete Compliance Solution to Wall Street

WHITE PLAINS, NY -- (MARKET WIRE) -- November 7, 2005 -- Communicator Inc® today announced that it has joined AOL's Enterprise Federation Partner program to provide a complete messaging, compliance and identity management solution for Wall Street. The new alliance leverages the AIM service's reach and Communicator's expertise in the financial industry to provide a turn-key solution that addresses the risks associated with electronic communications. The Hub Connex service continues to grow at a rapid rate; 100% growth in the last year with millions of messages sent monthly.

Combining AOL's reach in the public instant messaging market with Communicator's experience in the securities market, this agreement will give financial services professionals a best-of-breed solution for their real-time communication needs. The alliance lets Communicator's current Hub Connex users and their counterparties who use the AIM® service leverage the security and compliance features of the Hub Connex service, particularly group forums.

"The Hub Connex solution is just what we're looking for to enable us to seamlessly communicate with all of our counterparties, including those on AOL, while meeting the stringent compliance and corporate policies we face," says Philippe Dardier, Head of Flow Sales of BNP Paribas Equities & Derivatives.

"Communicator Inc's alliance with AOL allows Citigroup to use a single solution, a single ID and a single interface to communicate with our customers," said John Casaudoumecq, COO-Global Fixed Income at Citigroup.

Hub Connex is a hosted messaging solution with comprehensive IM logging, archiving, review and surveillance functionality to ensure complete compliance. The service also incorporates fully permissioned gated communities, an industry directory of over 80,000 financial professionals and identity management to assure the validity of users across multiple IM networks.

"AOL is pleased to work with Communicator to empower its enterprise customers to exchange instant messages with confidence and communicate in real-time with their clients, partners and colleagues," said Brian Curry, vice president of Business Services, America Online, Inc. "Through the AOL Enterprise Federation Partner Program, Communicator will also be able to federate with the global AOL® Instant Messaging Network, including the more than 73 million users of the AOL®, AIM® and ICQ® services."

The Hub Connex platform provides:

--  A secure real-time messaging platform for sending IMs, forums and
    broadcast messages across networks
--  Logging, archiving and surveillance to meet SEC 17a-4, NASD 3010, the
    Investment Advisor Act, and FSA regulations related to the archiving and
    management of communications
--  Integrated identity management and directory services that eliminate
    aliases and identity spoofing
    
"Email and IM have become critical business tools for the financial industry and companies must seek an integrated solution for secure messaging management that is compliant and meets regulatory requirements," stated Leo Schlinkert, president and CEO of Communicator Inc. "By working strategically with the leader in the consumer IM space, we are extending our presence and providing our users with a highly productive yet compliant experience."

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 and 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.

Contact Information

  • Contacts:
    Anne Marie O'Brien
    Communicator Inc
    Phone: 914-872-2829
    Email: Email Contact