Five financial institutions have gone live with Communicator Inc.'s Hub IM instant messaging service within their equity groups.
Goldman Sachs, JP Morgan Chase, Merrill Lynch, Salomon Smith Barney and Sanford Bernstein are all now offering the service to a total of more than 100,000 users, a combination of employees and customers. All are using the latest version of the product. Goldman, JP Morgan Chase, Merrill and Salomon Smith Barney have been using the service internally since last year.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails