Actiance Teams with LinkedIn to Enable Compliance with Top Regulatory Body Guidelines for the Financial Services Industry

Top Quote Agreement allows industry to use LinkedIn to propel sales and marketing while ensuring compliance with FINRA, IIROC and FSA rules. End Quote
  • (1888PressRelease) April 01, 2011 - Belmont, CA - Actiance, enablers of the safe and compliant use of unified communications, collaboration and Web 2.0, announced today an agreement with LinkedIn, the world's largest professional social network, that gives Actiance access to LinkedIn's private API (application programming interface) to enable Actiance's customer-base to leverage the expansive capabilities of LinkedIn while remaining compliant with key industry regulations.

    "Especially for financial services firms, navigating the various electronic communications regulations from bodies such as FINRA, IIROC and the FSA can be very challenging in today's Internet age," said Sarah Carter, vice president of Actiance. "Our relationship with LinkedIn ensures Actiance customers will always remain compliant when using the world's largest professional social network. We are able to archive, monitor and log all activity, from any device. Our customers gain the peace of mind that they will always be compliant."

    As a result of the relationship, users of Actiance's Socialite platform are able to receive the benefits of the company's deep integration with LinkedIn. Socialite provides granular control of more than 150 feature and content controls across LinkedIn, Facebook and Twitter. The granular controls provide businesses with the ability to set custom policies to meet regulatory requirements and mitigate information leakage risks and ensure that e-discovery needs are met.

    "As we see demand in the financial services industry for access to services such as LinkedIn increase, our relationship with Actiance will ensure that those regulated organizations will be able to use LinkedIn proactively," said David Hahn, VP of Product Management at LinkedIn.

    Actiance's agreement with LinkedIn allows organizations to promote effective business conversations while maintaining compliance, whether accessing LinkedIn from home, work or a mobile device. With 9 of the top 10 US banks and the top five Canadian banks as customers, Actiance's collaboration with LinkedIn ensures the conversations and connections on the social networking platform are safe, secure and compliant.

    About Actiance
    Actiance enables the safe and productive use of Unified Communications, collaboration and Web 2.0, including blogs and social networking sites. Formerly FaceTime Communications, Actiance's award-winning platforms are used by 9 of the top 10 US banks and more than 1600 organizations globally for the security, management and compliance of unified communications, Web 2.0 and social media channels. Actiance supports all leading social networks, unified communications providers and IM platforms, including Facebook, LinkedIn, Twitter AOL, Google, Yahoo!, Skype, Microsoft, IBM and Cisco

    Actiance is headquartered in Belmont, California. For more information visit http://www.actiance.com or call 888-349-3223.

    PR Contact Information:
    Sarah Carter
    Actiance, Inc.
    650-631-6452 /(cell) 415-806-9504
    scarter ( @ ) actiance dot com

    Catherine Koo / Amy Robinson
    LEWIS PR for Actiance
    619-677-2700
    actiance ( @ ) lewispr dot com

    EMEA & APAC Press Contact:
    Sara Claridge
    Marylebone Media Relations
    619-677-2700
    sara ( @ ) marylebone dot co.uk
    +44 (0) 20 8133 5572
    +44 (0) 7968 626838 (mobile)

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