London, 06 August 2003: Furthering its
leadership position as the premier provider of security, management
and control solutions for instant messaging (IM) and other forms of
real time communications in the enterprise, FaceTime Communications
today announced that Standard Bank London Ltd, a leading
participant in the international commodity markets, has
successfully implemented FaceTime's IMAuditor™ solution to track
and manage its IM communications. With the installation,
IMAuditor's ability to control, strictly log and audit every IM
conversation allows Standard's Energy Group to conduct vital
business communications using the Yahoo! Instant Messaging network,
which is rapidly becoming the 'de facto' communications standard
within the Energy Trading community, and in a secure and audited
environment. "Our Energy team members were very keen to have this
vital communications channel open, but the Bank required each IM
session to be recorded" said Phillip Scott, New Technology
Strategist, at Standard. "By successfully deploying IMAuditor we
can now confidently open the IM channel, providing our energy
division with an important business tool, while significantly
reducing the business and IT security risks inherent in public IM
use." A recent independent survey commissioned by FaceTime amongst
the UK's top investment banks highlighted a need for specific IM
management and control. The results suggest that while IM is widely
used as a communications tool, most organisations have limited
policies for controlling its usage. "We are increasingly seeing the
adoption of IM by brokers who count the ability to communicate in
real time as hugely compelling. However, the "bottom up" method of
adoption - by individual traders or across business units - is
causing an increasing number of management challenges for today's
information security and compliance officers," said Glyn Baker, UK
Business Development Director, for FaceTime. "FaceTime's enterprise
IM management suite of solutions have been designed specifically to
address these customer pain points, by providing off-the-shelf IM
management solutions to enable secure and compliant access to the
industry's leading business communications tool." About
Standard Bank Group
The Standard Bank Group is based in Johannesburg and is the
ultimate holding company for the interests of Standard Bank London
Limited. With total assets in excess of US$45 billion and employing
more than 37,000 people worldwide, the Standard Bank Group is one
of Africa's leading banking and financial services organisations.
Standard International Holdings SA (SIH) is the Luxembourg based
holding company for the international investment banking activities
of the Standard Bank Group. Standard Bank London is the principal
operating subsidiary of SIH in terms of balance sheet size and
profitability. Standard Bank London is authorized and regulated by
the Financial Services Authority. The SIH Group has capital
resources of £440.4m and employs more than 850 people. Through an
expanding international network it offers a wide range of
specialist investment banking and trade services. www.standardbank.com
About Actiance, Inc. (Formerly FaceTime Communications, Inc.)
FaceTime Communications became Actiance, Inc on January 11, 2011 following an agreement to
transfer the FaceTime trademark to Apple.
FaceTime Communications enables the safe and productive use of Unified Communications and Web 2.0,
including instant messaging, blogs and social networking. Ranked number one by IDC for five consecutive
years, FaceTime's award-winning solutions are used by more than 1,500 customers for the security,
management and compliance of real-time communications. FaceTime supports or has strategic partnerships
with all leading IM, unified communications providers and social networks including AOL, Google, Yahoo!,
Skype, Microsoft, IBM, Cisco, Facebook, LinkedIn and Twitter.
FaceTime is headquartered in Belmont, California. For more information visit
http://www.facetime.com or call 888-349-3223.
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