Collaboration in Financial Markets
Like many businesses, those in the financial sector demand real-time collaboration with internal staff, partners, vendors and customers. The current precursor of change in business technology is centered on collaboration. Financial institutions require conferencing solutions that can scale with business needs. As the fastest adopters of new collaboration technologies, the financial sector has helped to drive multiple waves of change across all industries. Information dissemination has always been at its most advanced in financial applications, with market data streams making their way into both institutions and clients for the last 30 years. The commercial implementation of many new technologies, from the Internet to cloud computing to speech recognition and beyond, is being driven by the financial industry.
Markets and Real-Time Collaboration
For traders and salespeople in fast-moving markets, in which enhanced information flows could result in better timing and more profitable trades, robust collaboration solutions have proven to be an invaluable tool-kit for the tech-savvy trader. Today traders across most U.S. and International financial markets are using collaboration to exchange information with their peers and clients to keep information flowing swiftly in all directions.
Deals, Negotiations and Collaborative Workflow
Major financial transactions such as mergers & acquisitions, initial public offerings, and capital restructurings are the most document-intensive tasks in business. To compound the challenge, these highly complex deals always involve multiple parties, including the client corporation, investment bankers, law firms and often other professional services, or even multiple representatives from each sector. The issue is how to work together effectively when complex workflows across organizational boundaries are required. The potential is for collaboration platforms that enable faster due diligence processes, more efficient document review, lower risks, better distribution and pricing, and many other benefits for all participants.
Sonexis solutions are ideal for financial markets and can be customized and built to support nearly every demanding requirement in the financial sector. Consider ConferenceBurst Suite, which eliminates the need for a service provider for larger than normal calls.
Many of our financial sector clients choose: