NEW YORK, April 5, 2005 (PRIMEZONE) -- Radianz, the leading global provider of financial connectivity services, and FivePoints Compliance Inc., the leader in outsourced compliant messaging services, announced an agreement that will give Radianz financial services customers flexible, secure and reliable access to FivePoints' comprehensive portfolio of hosted E-Mail, IM and compliance services. Both companies will be demonstrating their solutions this week at the SIA Compliance and Legal Division Seminar in Palm Desert, CA, booth # 21.
The addition of FivePoints gives Radianz customers immediate access to a complete packaged messaging solution that is SEC and NASD compliant. As part of the agreement Radianz will provide hosting services for FivePoints as well as connectivity to FivePoints clients.
"Radianz customers trust us to deliver the highest security, reliability, and performance for their connectivity requirements, most secure, advanced and comprehensive solutions that can be readily deployed in a hosted model," said Richard Snape, General Manager, Radianz. "Clients have asked us to extend the breadth and type of services that can be readily deployed in a shared infrastructure. We saw a growing demand for compliant outsourced messaging solutions so it was natural for us to collaborate with FivePoints."
FivePoints has seen tremendous growth over the last two years thanks to its turnkey compliant messaging solution that meets the strict regulations and rules regarding management, surveillance, archiving, timely discovery/retrieval and protection of electronic communications. It incorporates market-leading products to provide financial services firms with immediate access to a pre-engineered, pre-integrated, and pre-implemented system.
"Radianz' highly secure delivery platform and reputation for outstanding customer service fits well into our solution offering," said Heather Davisson, SVP of business development at FivePoints. "With the large and growing community of financial services firms utilizing Radianz, they are an ideal venue for delivering our hosted compliance services."
About Radianz
Radianz (www.radianz.com) is the leading provider of secure, reliable, and scalable connectivity to the global financial community. The Company's shared market infrastructure is a neutral platform that provides turnkey access to a broad array of pre-trade, trade, and post-trade applications from leading content and service providers across the straight-through processing (STP) chain. In 2004, both the readers and editors of WATERS magazine in separate surveys named Radianz "Best Network Provider."
About FivePoints Compliance Inc.
FivePoints Compliance Inc. (www.fivepoints.net), based in New York City, is a five-year-old provider of outsourced messaging and archiving solutions to financial services organizations. Built on market leading products from strategic partners KVS, IMlogic, Radianz, Symantec, MessageOne, EMC and Microsoft, FivePoints' hosted and fully managed solutions enable companies to obtain enterprise-class services without costly investments in hardware, software and onsite data management. FivePoints helps clients to quickly satisfy SEC, NASD and NYSE regulations offering full management, surveillance, archival, discovery, and protection of data through a simple monthly per-user subscription.