WorldStreet Corporation, the leading developer of peer networking solutions for the financial industry, today announced it has integrated its WorldStreet Net(TM) peer-to-peer (P2P) infrastructure with BlackBerry(TM) Wireless E-Mail Solution from Research In Motion Limited (RIM) (Nasdaq: RIMM). The integration makes WorldStreet's revolutionary peer networking technology immediately available to the thousands of investment professionals who rely on the increasingly popular handheld for wireless e-mail and organizer features.
The integration of WorldStreet Net with BlackBerry also marks the first known delivery of peer networking capabilities to wireless users. WorldStreet Net, the first commercially available peer network for the financial industry, is designed to facilitate highly efficient pre-trade collaboration between financial professionals. BlackBerry handhelds, one of the most popular handheld wireless devices on Wall Street, provide a complete wireless email solution that simplifies mobile e-mail access while maintaining a high level of security.
"Time is money - not just in the financial services sector, but in all B2B environments. Integration of WorldStreet Net with BlackBerry ensures that members of the WorldStreet Net community never waste time playing catch-up," said Bruce Fador, president and CEO of WorldStreet. "This announcement underscores that WorldStreet Net is not only the only peer network succeeding in a real-world, demanding business environment, but also the most versatile and accessible pre-trade collaboration platform in the history of Wall Street."
"BlackBerry enables service providers to extend the BlackBerry solution, and provides end users with additional services that enhance our secure, end-to-end wireless email solution," said David Werezak, vice president of marketing, Research In Motion. "We are pleased to see WorldStreet bring to market a solution that wirelessly connects investment professionals using BlackBerry to the WorldStreet Net infrastructure."
WorldStreet Net intelligently connects individuals to share relevant, personalized information in real time with their valued contacts. Designed to handle both internal and inter-firm collaboration, WorldStreet Net fuels e-commerce initiatives by integrating people, products, and processes in rich on-line interactions that reduce costs and improve operational efficiencies.
WorldStreet Net features a single, unified virtual in-box that gathers and filters messages received through voice mail, e-mail, faxes, pagers, PDAs and others, then presents them in one place within any application in user workflow. The customizable in-box can be accessed by different devices from varied locations at any time of the day - for example, cell phone while commuting, desktop at the office or BlackBerry while traveling. WorldStreet Net also instantly notifies a user of messages, reaching them inside applications or workflow through the desktop, or mobile computing or communications device.
With WorldStreet Net(TM) integrated to sync with RIM's BlackBerry, investment professionals at financial services firms can maintain almost constant collaboration and communication with affiliates, trading partners, and clients. Because BlackBerry handhelds are "Always On, and Always Connected"(R) users will have access to WorldStreet's peer networking system 24 hours a day, seven days a week, ensuring immediate access to important trade ideas. Buy-side investment management firms can use this integrated solution to give their investment professionals almost immediate access to more relevant information from only favored sources. Faster access to better ideas helps to drive improved investment performance.
Using WorldStreet Net(TM) from a BlackBerry handheld, users can quickly and cost-effectively realize the benefits of peer network technology in both internal and customer-focused applications - at any time and anywhere. The user doesn't have to be anchored to a desk in an office. Instead, he or she can access critical trading information from an airport terminal, from a meeting, from a hotel room -anywhere. WorldStreet Net delivers the ability to reflect the full complexity of business relationships from a handheld wireless device.
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