Reuters to Deliver Instant Messaging for Global Financial Services Industry – Stories

LONDON,March22,2001Reuters,theglobalinformation,newsandtechnologygroup,todayannounceditisworkingwithMicrosoftand25leadingfinancialinstitutionstodevelopReuters。

NetMessaging,anewhighsecurityinstantmessaging(IM)serviceandcontactsdirectoryfortheworldsfinancialservicesindustry。

TheservicewillbelaunchedonMicrosoftsnewstandards-based(SessionInitiationProtocol)softwareandservicecommunicationsplatform。

TheservicewilluseMicrosoftscommunicationstechnology,enablingReuterstoofferfinancialinstitutionsafast,costeffective,encrypted,andfirewall-compliantcommunicationschannelcoveringtheirentireorganisationandextendingouttoreachtheirowncustomersandsuppliers。

Reuters。

NetMessagingisakeyelementinReutersstrategytoworkwithcustomerstobuildasuiteofcommunicationandcollaborationtoolsforthefinancialmarketsprofessionalusinginternettechnologies。

Whilefinancialinstitutionshavedependedonmessagingforseveralyears,manyoftheexistingsolutionsdonotmeetalloftheirrequirements。

ReuterspositionattheheartoftheglobalfinancialindustryandMicrosoftsexpertiseinthedevelopmentofbusinesssoftwaremeanthecompaniesareuniquelyplacedtoworktogethertomeetthisneedwithinthemarket。

Theglobaldirectorywillallowindustryprofessionalstocreatepowerfulnetworksofinstantlyavailablecontactsandtoconductdynamic,text-basedconversations。

ReuterswillworkcloselywithcustomerstodeveloptailoredsolutionsforindividualclientsusingMicrosoftsstandards-basedplatformtechnology。

Developmentwillfocusontheabilitytointegratewithin-housesystemsandReutersownservicessuchasReuters3000Xtra。

TheservicewillbeavailableovertheInternetandtheRadianzfinancialservicesnetworkforthosecustomerswhorequirehigh-speedperformanceandadditionalsecurity。

TomGlocer,ReutersChiefExecutivedesignate,said:Reuters。

NetMessagingisattheheartofourstrategytodevelopnextgenerationtoolstofacilitatecollaborationwithintheglobalfinancialservicescommunity。

Byworkingwiththelateststandards-basedtechnologyfromMicrosoft,wewillofferourcustomersasuiteofcommunicationstoolsforusewithintheirfirmsandwithexternalcounterparties。

Inanindustrywheresecurity,reliabilityandspeedareparamount,Reuters。

NetMessagingwilldeliveragenuinecompetitiveedge。

WereworkingwithReuterstobringanew,world-classreal-timecommunicationssolutiontothefinancialservicesindustry,saidSteveBallmer,CEOofMicrosoft。

BycombiningReutersknowledgeoffinancialmarketswiththepowerofMicrosoftsnewtechnologiessuchasthe。

NETenterpriseservers,wewillenablefinancialcompaniestoprovidemoreefficientandsecurecommunicationfortheircustomers。

TheMicrosoftplatformforthisservicewillbebasedontheSessionInitiationProtocol(SIP),anInternetEngineeringTaskForce(IETF)standardforenablingsecure,reliablereal-timecollaborationbetweenmultiplePCsandotherdevices。

SIPenablesinstantcommunicationsservicessupportinginstantmessaging,voice,video,andothercollaborativeresourcesallofwhichcanincludethebenefitsofpresencetogiveusersmorecontroloverhowotherscommunicatewiththem。

NotetoEditors:

Partners

TwentyfiveleadingglobalfinancialinstitutionsareworkingwithReutersandMicrosofttodevelopReuters。

NetMessaging,including:ABNAmro,CitigroupSalomonSmithBarney,CreditAgricoleIndosuez,DeutscheBank,DKBInformationSystems,DresdnerKleinwortWasserstein,HSBC,SocieteGenerale,andTokaiInternationalSecurities。

Reuters

Reuters(www。

about。

reuters。

com)premierpositionasaglobalinformation,newsandtechnologygroupisfoundedonitsreputationforspeed,accuracy,integrityandimpartialitycombinedwithcontinuoustechnologicalinnovation。

Reutersstrengthisbasedonitsuniqueabilitytooffercustomersaroundtheworldacombinationofcontent,technologyandconnectivity。

Reutersmakesextensiveuseofinternettechnologiesforthewidestdistributionofinformationandnews。

Around73millionuniquevisitorspermonthaccessReuterscontentonsome1,400Internetwebsites。

Reutersistheworldslargestinternationaltextandtelevisionnewsagencywith2,157journalists,photographersandcameraoperatorsin190bureaux,serving151countries。

In2000theGrouphadrevenuesof3。

59billionandon31December2000,theGroupemployed18,082staffin204citiesin100countries。

ReutersandthespherelogoarethetrademarksoftheReutersgroupofcompanies。

Microsoft

Foundedin1975,Microsoft(NasdaqMSFT)istheworldwideleaderinsoftware,servicesandInternettechnologiesforpersonalandbusinesscomputing。

Thecompanyoffersawiderangeofproductsandservicesdesignedtoempowerpeoplethroughsoftwareanytime,anyplaceandonanydevice。

Radianz

Radianzhastheworldslargestnetworkfortheglobalfinancialservicesindustry。