Globanet Enhances Financial Compliance with Bloomberg Vault Compatibility

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Globanet Merge1 Cloud™ now includes Bloomberg Vault as a destination archive for Messaging and Social Media data sources

Globanet Merge1 was designed to deliver critical functionality in a world of diverse email formats, IM standards and social messaging types as well as be compatible with a variety of archives and that list now includes Bloomberg Vault.

Globanet™, a leading developer and reseller of email archive migration, compliance and eDiscovery solutions, announced today the latest version of Globanet Merge1 Cloud supports Bloomberg Vault as a destination archive. Bloomberg Vault, (developed and offered by Bloomberg Finance L.P.) is a secure managed service for information governance, data analytics and trade reconstruction across the enterprise.

Globanet Merge1 Cloud, the company’s flagship capture platform for messaging and social media, is an enterprise-grade message capture platform that ingests data from a variety of messaging platforms including instant messages, text messages and social media communications. Once the data is retrieved, Globanet Merge1 Cloud filters, tags and converts data into a supported format for a variety of target archives which now includes Bloomberg Vault.

Many organizations, particularly in the financial sector, currently use Bloomberg Vault to store email and data from Bloomberg’s own messaging platform. Globanet Merge1 Cloud allows such organizations to gather data from other forms of electronic communication and also store them in Bloomberg Vault as a consolidated archive to meet current compliance and eDiscovery needs. “We are pleased to announce Merge1 Cloud’s compatibility with Bloomberg Vault,” stated David Vitko, CTO of Globanet. “Globanet Merge1 Cloud was designed to deliver critical functionality in a world of diverse email formats, IM standards and social messaging types as well as be compatible with a variety of archives and that list now includes Bloomberg Vault.”

Organizations within highly regulated industries such as Finance must comply with rules and regulations that require all electronic communications be captured and archived for compliance. Within the financial sector, the Securities and Exchange Commission (SEC) Rule 17 a-4 and the Financial Industry Regulatory Authority (FINRA) Rule 4511 and 3010 require companies to retain data from sources such as Microsoft Lync in a third-party repository such as Bloomberg Vault.

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For additional information, please visit http://www.globanet.com.

About Globanet
Globanet is a leading developer and reseller of email and information migration, archiving and eDiscovery solutions. Founded in 1996, the company is a pioneer in archive migration and intelligent information governance. Globanet’s portfolio of proprietary enterprise software includes Globanet Merge1 Cloud, a multi-source IM and social media message capture platform, and Globanet Migrate, a leading data migration tool. Globanet also provides a broad range of professional services including system configuration and installation, email archive migrations and eDiscovery consulting. Globanet is a multi-level certified partner of leading archive providers including Symantec and Microsoft.

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Thomas Ellsworth
Globanet
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