Cloud provider Options has integrated Markit’s Collaboration Services network, its message-interoperability technology, into its core platform to allow clients to communicate and share information seamlessly with industry peers, regardless of their technology platform.
Launched in 2013, Markit's Collaboration Services network enables individuals to check users' availability, exchange instant messages, and transfer files and documents. The network has audited chat capabilities, a secure connection and can be embedded in third-party applications.
"The platform agnostic offering from Markit makes for an incredibly powerful collaboration tool and will allow our Core clients to communicate with employees and enterprises throughout the financial services industry," says John Bryant, CTO of Options. "Using a third party application like Microsoft Lync, buy-side firms can now message with industry peers in banks and other sell-side institutions, including those who leverage proprietary messaging platforms. It is a service that is proving itself to be extremely beneficial, both in terms of employee efficiencies and improved cost savings, and one that is in increased demand from Options clients."
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
- Bloomberg’s Chat Gambit: The Feint Before a Knockout?
- Waters Wavelength Podcast Episode 96: CAT Concerns & Big Tech Takes Aim at Asset Managers
- Gardening, Uber & Culture: Takeaways from this year's WatersTechnology Innovation Summit
- EU Gets Tough on ‘Research’ Unbundling
- Systematic Internalizer Ranks Swell Ahead of Mifid II