Easylink Services (NASDAQ:EASYE)
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From Jun 2019 to Jun 2024
EasyLink Services Corporation, (NASDAQ: EASYE), a
leading global provider of services that power the exchange of
information between enterprises and their customers, today announced
that Selestia has selected EasyLink's Production Messaging Service to
automate broker communications.
Selestia, an award-winning fund supermarket, provides a
sophisticated suite of investment tools to the broker community in the
United Kingdom, giving them the ability to construct and maintain
investment portfolios, taking into account investor risk, asset
allocation and fund selection, as well as obtain an audit trail.
Online access, consolidated valuations, automatic portfolio
rebalancing and back office integration are just some of the features
provided by Selestia's service platform.
Selestia has incorporated EasyLink's Production Messaging 2.0
Service into its service platform to automate the distribution of
trade confirmations. To support Selestia, EasyLink developed a
customized XML interpreter to process received XML data from an
existing Selestia application, after which buy and sell requests are
sent to brokers through EasyLink's global network.
Pippa Russell, Selestia's Head of Corporate Communications,
Selestia said: "This link up with EasyLink means we will be able to
improve our operational efficiency by enhancing our dealing system. We
are committed to developing a fully automated electronic trading
platform and the addition of the EasyLink service is an important step
towards this."
Les Russell, Managing Director, EasyLink Services International,
said: "The Selestia brand is a strong addition to EasyLink's current
portfolio of blue-chip financial services providers and we look
forward to developing our relationship with Selestia over the coming
months. This deal demonstrates how EasyLink, through the Production
Messaging 2.0 Service can customize a solution to meet a customer's
exact requirements, quickly delivering significant value to their
business."
EasyLink Production Messaging 2.0 Service is a next generation
business process automation solution for electronic distribution of
high volumes of transaction documents originating in back office
systems to a multiple destinations, typically as fax or e-mail
messages. Customers can choose from a range of formatting options for
submitting data to the EasyLink network as well as from a full set of
data conversion, business rules and compliance checking capabilities,
multiple options to secure the content of messages, archive and
retrieval functions and message delivery via fax, e-mail, or other
message or data formats. Once customers choose the level of automation
and functionality required, EasyLink configures a custom solution
tailored to their exact needs.
About EasyLink Services Corporation:
EasyLink Services Corporation (NASDAQ: EASYE), headquartered in
Piscataway, New Jersey, USA with its European headquarters in London,
UK is a leading global provider of services that power the exchange of
information between enterprises, their trading communities, and their
customers. EasyLink's clients include seven of the top ten and more
than half of the Fortune 100 companies. EasyLink's networks facilitate
transactions that are integral to the movement of money, materials,
products, and people in the global economy, such as insurance claims,
trade and travel confirmations, purchase orders, invoices, shipping
notices and funds transfers, among many others. EasyLink helps
companies become more competitive by providing the most secure,
efficient, reliable, and flexible means of conducting business
electronically. For more information, please visit www.EasyLink.com.
This news release may contain statements of a forward-looking
nature relating to the future events or the future financial results
of EasyLink. Investors are cautioned that such statements are only
predictions and that actual events or results may differ materially.
In evaluating such statements, investors should specifically consider
the various factors which could cause actual events or results to
differ materially from those indicated from such forward-looking
statements, including the matters set forth in the Company's reports
and documents filed from time to time with the Securities and Exchange
Commission.