Goldman Sachs Eyes Internal Messaging Services
According to the New York Post's latest reporting on the spying scandal that broke earlier this week, Goldman is particularly considering a proprietary instant messaging function that would rely on encrypted Twitter accounts and other recent "disruptive technologies.”
The investment bank is also investigating whether Bloomberg used terminal data to build products that compete directly Goldman, such as its Tradebook broker-dealer services. The outcome of that inquiry could result in Goldman offering broader information services to the markets, taking on Bloomberg directly, or in the very least, will see significant revision to services agreements to more strictly limit terminal data usage.
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