|[February 26, 2013]
Orange Business Services - Trading Solutions and Bloomberg Deliver First Cloud-Based Voice Record Archiving Service
LONDON & NEW YORK & PARIS --(Business Wire)--
In order to help global customers manage their voice recording and
archiving, Orange Business Services (News - Alert) - Trading Solutions today announced
an integrated voice offering in partnership with Bloomberg Vault.
The collaboration integrates Bloomberg (News - Alert) Vault, Bloomberg's leading
cloud-based information management service for enterprise
communications, with voice services from Orange Business Services -
Trading Solutions to manage data stored by customer-site voice recording
systems. Under the partnership, Orange Business Services - Trading
Solutions, a leader in voice recording and electronic trading
infrastructure in more than 50 countries across 1,300 trading floors,
enables the integration of voice data into Bloomberg Vault to produce
electronic records in near real-time.
"This partnership will deliver a shrink-wrapped service to financial
institutions that solves major voice-recording headaches without
incurring huge costs," said Robert Powell, Global Head of Compliance at
Orange Business Services - Trading Solutions. "Bloomberg is the de facto
communications platform for traders. Combining this together with our
voice recording expertise presents a unique offering to the market."
Financial services firms need to meet expanded record-keeping and
analytics demands globally. Market participants face reporting and
record-keeping requirements for transactions, including pre- and
post-trade communications relating to a swap transaction such as calls,
emails, and instant messages. The increasing breadth and complexity of
record-keeping and record-delivery guidelines has created market demand
for a cost-effective cloud platform with analytics, search, policy
management, and archiving of all data formats - including voice data.
"There have been significant global changes to regulatory reporting
requirements for financial institutions in the past few years," said
Harald Collet, Global Business Manager, Bloomberg Vault. "Combining the
notable voice-recording expertise of Orange Business Services - Trading
Solutions' with Bloomberg Vault's leading information management
capabilities has enabled us to deliver a first-to-market archiving
service, which we expect will help clients meet regulatory requirements."
The integrated cloud service from Orange Business Services - Trading
Solutions and Bloomberg Vault will be available to regulated industries
that can leverage new or existing voice recording infrastructures.
Orange Business Services - Trading Solutions' voice capability will feed
Bloomberg Vault with data from phone calls stored in the voice recording
systems. Once Bloomberg Vault has archived this data, compliance
personnel will be able to execute a single search across all data
formats such as email, instant messages, Bloomberg messaging, mobile,
social media, proprietary messaging formats, and now voice records, to
produce a consolidated transaction-record mapped to counter-parties.
This integrated voice recording service is supported by Bloomberg and
Orange Business Services - Trading Solutions for clients globally.
France Telecom (News - Alert)-Orange is one of the world's leading telcommunications
operators with 172,000 employees worldwide and sales of 45.3 billion
euros in 2011. Present in 35 countries, the Group had a customer base of
226 million customers at 31 December 2011, including 147 million
customers under the Orange brand, the Group's single brand for internet,
television and mobile services in the majority of countries where the
company operates. For more information visit: www.orange.com
About Orange Business Services
Orange Business Services, the France Telecom Orange branch dedicated to
B2B services, is a leading global integrator of communications solutions
for multinational corporations. With the world's largest, seamless
network for voice and data, Orange Business Services reaches 220
countries and territories with local support in an additional 166.
Thousands of enterprise customers and 1.4 million users rely on Orange
Business Services international platform for communicating and
conducting business. Learn more at www.orangebusiness.com
About Orange Business Services - Trading
Orange Business Services - Trading Solutions is a leading provider of
convergent voice and electronic trading infrastructure and services for
the trading communities. It is an international subsidiary of the Orange
Group, employing over 450 people in the major financial centres across
the globe including Beijing, Frankfurt, Geneva, Hong Kong, London,
Madrid, Milan, New York, Paris, Shanghai, Sydney, Singapore, Tokyo and
Zurich. The company is supported by a global partner network of
distributors in 50 countries offering customers 24/7 service.
Orange Business Services - Trading Solutions has more than 45 years'
experience of working with the financial services trading industry.
Focusing on building long-term partnerships with customers, the company
brings innovative solutions and the highest quality services to the
trading community. It provides optimised solutions over its dedicated
trading network to a community of more than 2,000 network member
organisations, encompassing buy-side and sell side institutions and
Orange Business Services - Trading Solutions also offers flexible
trading products and services including state of the art, unified voice
trading solutions. Its next generation Open Trade turrets feature
programmable user interfaces, touchscreens and voice/instant messaging
recording solutions. Open Trade was named 'best innovation by an IT or
software firm' in the trading and execution category in the FOW Awards
2011 and Orange Business Services - Trading Solutions was recognised as
a Financial-i 'leader in innovation' two years running in 2010 and 2011,
for its IP network offering.
France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A)
and on the New York Stock Exchange. For more information (on the
internet and on your mobile): www.orange.com,
Orange and any other Orange product or service names included in this
material are trademarks of Orange Brand Services Limited, Orange France
or France Telecom.
To find out more about Orange Business Services - Trading Solutions'
voice services please contact the sales team: Steve Fulton (London), firstname.lastname@example.org
or Eric Barret (New York), email@example.com
Bloomberg, the global business and financial information and news
leader, gives influential decision makers a critical edge by connecting
them to a dynamic network of information, people and ideas. The
company's strength - delivering data, news and analytics through
innovative technology, quickly and accurately - is at the core of the
Bloomberg Professional service, which provides real time financial
information to more than 310,000 subscribers globally. Bloomberg's
enterprise solutions - including Bloomberg Vault -- build on the
company's core strength, leveraging technology to allow customers to
access, integrate, distribute and manage data and information across
organizations more efficiently and effectively.
To find out more about Bloomberg Vault, please visit www.bloomberg.com/vault,
or contact Amy Wilson with Bloomberg Vault's sales team at
BLOOMBERG, BLOOMBERG PROFESSIONAL, BLOOMBERG MARKETS, BLOOMBERG NEWS,
BLOOMBERG ANYWHERE, BLOOMBERG TRADEBOOK, BLOOMBERG TELEVISION, BLOOMBERG
RADIO, BLOOMBERG PRESS and BLOOMBERG.COM are trademarks and service
marks of Bloomberg Finance L.P., a Delaware limited partnership, or its
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