Global Relay Communications

February 17, 2011 09:01 ET

New Partnership Between Global Relay, Arkovi Empowers Financial Firms to Connect with Clients Via Social Media While Staying Compliant

Social Media Archiving Technology Helps Firms Manage Risks of LinkedIn, Twitter, Facebook

VANCOUVER, BRITISH COLUMBIA and DOVER, OHIO--(Marketwire - Feb. 17, 2011) - Global Relay, the top compliance email archiving provider worldwide, today announced a partnership with BMRW & Associates, makers of Arkovi – an innovative solution for social media archiving and compliance. The new integrated offering will allow firms to reach customers through social media channels like LinkedIn, Facebook, Twitter and blogs while meeting SEC/FINRA requirements for electronic message archiving and monitoring.

Many regulated financial firms have so far been hesitant to have their representatives fully embrace social media because of the legal and compliance risks involved. Last year, FINRA Notice 10-06 outlined specific requirements for pre-review and monitoring capability for social media. Arkovi meets these challenges by enabling financial firms to easily manage their employees' social media participation – including features for pre-review and monitoring.

"Social media opens up exciting new avenues for financial firms to reach out to clients," said Shannon Rogers, President of Global Relay. "With this partnership, we're creating an end-to-end solution for archiving, compliance and eDiscovery of all types of business messaging – including LinkedIn, Twitter, Facebook and blogs."

The technology pairing offers a unique range of benefits for compliance officers, HR practitioners and managers at financial firms:

  • Users' activity is captured from any location, from any device – including smartphones
  • Compliance officers and HR can make social media pre-review and monitoring part of their existing workflow because Arkovi is fully integrated with Global Relay's interface
  • Companies can gather business intelligence and monitor public opinion via any public Twitter feed, LinkedIn page, Facebook page, or RSS feed

"Broker-dealers, investment advisors, hedge funds, banks and public companies trust Global Relay for hosted message archiving of a wide variety of electronic communication types," said Blane Warrene, CEO of BMRW & Associates. "Thanks to this partnership, Global Relay now offers social media archiving as well."

About Global Relay

Founded in 1999, Global Relay is the expert in hosted message archiving, including Compliance Archiving, eDiscovery, Mobile Messaging and Collaboration. With offices in New York, London, Vancouver and Singapore, Global Relay delivers services in 90 countries and has strategic partnerships worldwide, including a global compliance partnership with Thomson Reuters for the archiving of Thomson Reuters Compliance Manager (TRCM) and for Eikon messaging. Global Relay's 14,000 customers include small to large broker-dealers, hedge funds, investment advisors and public companies, as well as 22 of the world's top 25 banks and two public exchanges.

Global Relay's Message Archiver securely indexes and stores email, Instant Messages, Thomson Reuters, Bloomberg, BlackBerry BES and Social Media for compliance, audits and eDiscovery. Global Relay Apps, delivered via cloud computing, provide businesses with the tools to communicate and collaborate while staying compliant – anytime, anywhere. Users have easy access to Global Relay's Personal Archiving through Outlook Integration and BlackBerry, iPhone and Android Mobile Archive access. Visit www.globalrelay.com.

About BMRW & Associates

BMRW's flagship product, Arkovi, is the premier financial services social media solution for archiving, compliance and market intelligence. Released in 2009, Arkovi customers include broker dealers, investment advisors, insurance carriers and others.

Founded and managed with a collective 55 years of financial services experience, BMRW's team brings expertise in compliance, operations and technology to the Arkovi customer experience. Learn more at https://www.arkovi.com.

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