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Tech Update: New system meets hedge fund requirements for SEC compliance, persistent forums, and BlackBerry Wireless Handheld support

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Antepo, Inc, a developer of secure, interoperable Enterprise Instant Messaging (EIM), has launched the OPN System for the hedge fund market.


The OPN System allows h

Antepo, Inc, a developer of secure, interoperable Enterprise Instant Messaging (EIM), has launched the OPN System for the hedge fund market.


The OPN System allows hedge funds to move away from consumer IM products by deploying a secure, behind-the-firewall EIM infrastructure that also meets stringent requirements for SEC compliance. At the same time, the OPN System delivers key functionality to support the daily needs of hedge fund users, such as persistent group forums and mobile connectivity via BlackBerry Wireless Handhelds(TM).


Maxime Seguineau, Chairman and CEO of Antepo, said:”The financial services industry has embraced IM because of its ability to deliver real-time communications in an extremely time-sensitive industry. Our customer base in the hedge fund vertical, in particular, has been growing steadily over the past few quarters, and we anticipate this to be the indication of a broader trend. Hedge funds and other financial institutions turn to Antepo because they need to be sure that the solutions they choose not only deliver much- needed features in terms of security and usability, but also comply with recent regulations for electronic communications, and specifically, IM. The OPN System offers an industry-tested solution to address these needs.”


Compliance Archiving
Antepo’s OPN System addresses a recent mandate that will require most hedge funds to register with the SEC under the Investment Advisers Act of 1940. The Act applies strict regulations for securing, managing, and archiving all electronic communication, including IM. Antepo’s OPN System can help hedge funds comply with these requirements, providing an end-to-end enterprise-grade instant messaging solution as well as tools to securely monitor, archive, and retrieve instant messages.


The solution features an intuitive web interface, the OPN System Reviewer, featuring built-in tools to ensure adherence to SEC, NASD, Sarbanes-Oxley, and other industry regulations. OPN System is also supported by leading IM compliance vendors including IMlogic and FaceTime, which provide more extensive capabilities for IM traffic to be echoed, filtered, and logged.


Persistent Forums
Balancing a robust feature list with a user-friendly interface, the Antepo OPN System provides a desktop-integrated, highly extensible environment for peer-to-peer, group, or forum-based messaging. Its multi-user collaboration features include advanced forum capabilities, allowing participation in persistent, topic-specific channels among a vast community of users, or as restricted channels for smaller groups and teams to hold private discussions. OPN System Forums can be federated seamlessly across physical locations, delivering a robust, distributed architecture built on SQL back-ends such as Oracle or Microsoft SQL Server.


Mobile Communications
Recognizing the critical importance of mobile communications to the hedge fund industry, Antepo’s OPN System also offers support for RIM’s BlackBerry(R) devices as an add-on client. The add-on extends the OPN System capabilities — including persistent forums — to hedge fund executives on-the-go who use BlackBerry Wireless Handhelds(TM), ensuring access to secure, cross-platform instant messaging capabilities during meetings or when traveling. When used with a BlackBerry Enterprise Server (BES) server, the OPN System Client for BlackBerry implements a highly secure, end-to-end Triple DES security architecture that is identical to corporate email deployments – allowing administrators to continue controlling BlackBerry IT policies and devices from the BES.


Pricing and Availability
Available now, pricing for OPN System starts at USD 25 per seat with volume discounts available, and no additional per-server license fees


Background Note:  Headquartered in New York City, Antepo is the only provider of Enterprise Instant Messaging (EIM) systems to offer secure, multi-standard interoperability and carrier-class reliability. Antepo’s Open Presence Network(TM) (OPN) solutions enable real-time communication and collaboration between employees, customers, suppliers, and partners, while meeting critical requirements for control, security, integration, and compliance. Key to Antepo’s success is the company’s clear advantage as the only EIM vendor to support interoperability and server federation across both industry-standard protocols (XMPP and SIP/SIMPLE), offering a more secure and scalable alternative to Consumer IM services which can expose enterprise networks to attacks. Antepo’s clients include financial institutions, telecommunications companies, and globally diversified companies in the US and internationally. Antepo is a FIMA (Financial Services Instant Messaging Association) affiliated vendor. For more information, visit http://www.antepo.com


 

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