Bloomberg Announces Bloomberg Vault

Feb 01, 2011

Bloomberg announced a new real-time search and analytics console for Bloomberg Vault, the compliance solution that integrates real-time monitoring, search analytics, and archiving of Bloomberg messaging and corporate email.

Bloomberg Vault uses Bloomberg's messaging and compliance to help financial firms and corporations meet increasing compliance, regulatory, and e-discovery requirements while reducing costs. More than 160 financial services companies have adopted Bloomberg Vault. The tool is a hosted solution with compliance retention services, active policy management, extensive search capabilities, analytics, and information governance for corporate email and instant messages, as well as all messaging content on the Bloomberg Professional service.

Key Bloomberg Vault functionality includes support for all enterprise messaging; real-time policy management, identifying messages that may require further review; review consoles to manage the compliance workflow, including advanced search, policy management, sampling, stamping, escalation, and comprehensive reporting; and e-discovery, retention, and legal hold, which allow companies to manage retention with customized policies, support e-discovery processes, ensure chain-of-custody, and avoid deletion of potentially responsive data with compliance storage.