Global Relay, Pivot Partner to Deliver Integrated Messaging and Compliance Solution
New York, NY – November 9, 2009 – Global Relay Communications Inc., the leading provider of hosted message archiving and compliance solutions for Broker-Dealers, Hedge-Funds and Investment Advisors, announced today a partnership with Pivot, Inc., a leading provider of collaboration and liquidity management software. The partnership introduces enhanced integration capabilities between Global Relay and Pivot to deliver a secure, compliant and efficient solution for financial industry firms that require dependable electronic communications with integrated archiving, compliance and eDiscovery.
With seamless backend integration between Global Relay and Pivot 360°, Global Relay's Message Converter for Pivot 360° automatically and securely captures instant message conversation logs from Pivot 360° and converts them to a readable format for archiving, compliance and eDiscovery. Global Relay's Message Archiver then provides secure online access for search, audit, review, eDiscovery and reconciliation by customer compliance teams.
"Reliable integration between Pivot and Global Relay simplifies administration for IT teams while providing traders with tools they love to use – a winning combination that's not easy to accomplish," said Pivot CEO, John H. Eley. "Our partnership with Global Relay strengthens our offering and eases the enablement process to get users up and running quickly, with confidence that they are compliant."
"We are excited to deliver Global Relay's Message Converter for Pivot 360 to Pivot's customers," said Global Relay President & CEO, Warren Roy. "Together, our fully integrated messaging and compliance solution allows our customers to leverage the benefits of Pivot 360° while remaining fully compliant and in control."
About Global Relay
Global Relay, founded in 1999, is a leading provider of Hosted Email Archiving, Instant Message Archiving, Compliance and eDiscovery solutions. Through a Software-as-a-Service (SaaS) model, Global Relay offers affordable, enterprise-class archiving and monitoring solutions for secure, offsite storage of email and instant messages. Global Relay's easy-to-use, highly secure Message Archiver and Compliance Reviewer solutions address regulatory compliance, audits and legal eDiscovery, while alleviating the burden of email management, security, continuity and storage. Global Relay's services are used by over 4,000 organizations worldwide including 21 of the top 25 global banks, global multinationals, public companies, investment advisors, broker-dealers, hedge funds and The Chicago Stock Exchange. Visit www.globalrelay.com
About Pivot, Inc.
Pivot revolutionizes how buy and sell side traders manage liquidity and trade in conversational trading markets. Pivot's software solutions deliver the benefits of electronic trading while preserving the merits of personal relationships and product customization to improve market efficiency and scalability while reducing operational risks. Pivot is backed by Boldcap Venture Partners, Draper Fisher Jurvetson Gotham Ventures, EPIC Ventures, Eze Castle Integration, Hudson Ventures, and Softbank Capital. For more information, please visit www.pivotinc.com