GreenKey to Launch Instant Messenger Aggregator

GreenKey, creator of a voice-driven collaboration platform for financial firms, will launch an instant messenger aggregator to enable companies to retain messages sent over third-party platforms to meet mandatory record-keeping requirements. The tool will make popular platforms such as Yahoo, WhatsApp, WeChat and AOL Instant Messenger (AIM) acceptable for use by financial market firms.

Users will be able to log into the third-party instant messenger applications from within GreenKey and then capture and store the messages for compliance purposes. The tool will enable users to aggregate their login and messaging capabilities and manage all of their instant messages, regardless of the platform, in one place.

"Firms want to be able to offer their staff the ability to use different instant messaging services, as dictated by market practices and the needs of their customers, but regulatory requirements place the burden on them to make sure they are retaining records and meeting financial market security protocols,"GreenKey CEO Paul Christensensaid in a statement. "Given the design of these third-party services, that was not previously possible. Our instant messenger aggregator takes the burden off of the firms and makes it easy for them to comply."

"Our voice-driven collaboration platform was designed to capture and retain data from different sources, so integrating instant messaging is a natural extension of our offering. In fact, GreenKey has been working with customers on voice dictation inside the messaging platforms, enabling faster workflows for brokers and traders who must submit deals within a certain period of time to remain compliant,"said GreenKey Chief Product Officer Anthony Tassone in a statement.

Instant messaging and chat rooms are part of the oral and written communications systematic record keeping requirements under U.S. Commodity Futures Trading Commission (CFTC) Regulation 1.35(a).