MarketCounsel relaunches e-mail compliance product, announces partnership with Google
MailBanc, a communications and compliance platform tailored for financial advisers has been relaunched this month. The MailBanc system, from MarketCounsel LLC based in Englewood N.J., provides investment advisers and broker-dealers with a suite of online tools for managing their firm’s e-mail and instant messaging systems and ensures regulatory compliance.
MarketCounsel also announced a partnership with Mountain View Calif.-based Google Inc. to further develop and improve MailBanc.
MailBanc consists of Message Defense (antivirus and anti-spam), Message Archiving (for capturing and retaining all messages) and Message Surveillance (filters incoming and outgoing emails based on keywords and phrases developed specifically for investment advisors and broker-dealers). A bundle of the three services costs $13.75 per user per month.
Competitors to MarketCounsel’s product line include Digital Info Security Co. Inc. (disecurityco.com) of Westminster, Colo. Global Relay Communications Inc. (globalrelay.com) of Vancouver, British Columbia; LiveOffice LLC (advisormail.net) of Torrance, Calif., with its AdvisorMail solutions; and Smarsh Inc. (smarsh.com) of Portland, Ore.
For more information visit the
MailBanc website.
Canadian settlement issues made easier with improved linkages to DTCC technology
The Depository Trust & Clearing Corporation announced this week improvements — including dividend, redemption and reorganization services — to its settlement link with CDS Clearing and Depository Services Inc. (CDS).
This new linkage is expected to improve the processing and settlement of transactions in Canadian dollars and to help solve issues associated with maintaining split inventories in Canadian and U.S. securities.
With the newly expanded service, customers of the Depository Trust Company (a subsidiary of DTCC) can receive and make payments on all corporate actions events for eligible Canadian issues including tender offers and rights issues in Canadian dollars or a mix of U.S. and Canadian dollars.
For more information visit
DTCC.
Davis D. Janowski is the technology reporter for InvestmentNews.
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