INTL FCStone, Top European Energy Market Participants to Use Thomson Reuters Eikon Messenger

Author(s): City Air NewsFinancial services firm INTL FCStone Inc. and European energy companies Griffin, 42FS, Marex Spectron and CEZ name Thomson Reuters Eikon Messenger as one of their instant messaging networks of choice following news...

INTL FCStone, Top European Energy Market Participants to Use Thomson Reuters Eikon Messenger
Author(s): 

Financial services firm INTL FCStone Inc. and European energy companies Griffin, 42FS, Marex Spectron and CEZ name Thomson Reuters Eikon Messenger as one of their instant messaging networks of choice following news that Yahoo Messenger is withdrawing key services
London/New York – INTL FCStone Inc., a Fortune 500 diversified financial services firm, European power company CEZ, and European top energy brokers Griffin, 42FS and Marex Spectron have formally committed to Thomson Reuters Eikon Messenger as one of their instant messaging networks.

Thomson Reuters has seen a significant increase in new Eikon Messenger account registrations following the announcement that Yahoo will discontinue support for its legacy messaging and API service in August 2016. According to a recent survey by petrochemical market information provider ICIS, Thomson Reuters Eikon Messenger has emerged as a preferred service provider for energy firms migrating from Yahoo Messenger, which is withdrawing its service on August 5.

“Eikon Messenger provides our clients a valuable tool to access the markets and information required to manage commodity risk via a platform that is compliant with regulations,” said John Gretzinger, Head of Energy at INTL FCStone Financial Inc.’s FCM Division.

‘Thomson Reuters Eikon Messenger gives us all the compliance tools we need to maintain a business that follows all the current regulation,” said Rastislav Zivor, CEO, 42FS. “The team at Thomson Reuters are fully on top of ongoing changes in our market and continually enhance their solution to deliver a tool that we can use to communicate internally and with our customers, without worrying about whether we are in breach of any legislation.’

“What we particularly like about Eikon Messenger is that Thomson Reuters is prepared to connect it to other messaging platforms. That, alongside its compliance and audit features, makes it our preferred choice” said Simon Davidson, chief operating officer, Griffin.

“Instant messaging is an incredibly popular and established way of communicating for the commodities trading community. With 30 percent of energy trading professionals already using Thomson Reuters Eikon Messenger to communicate, it is an obvious alternative for firms that were using the legacy Yahoo service,” said Lesli Fairchild, head of collaboration services at Thomson Reuters. “Thomson Reuters commitment to providing a compliant and open messaging platform breaks down the barriers to communication in financial markets, and provides customers with confidence that they are making a future-proof choice.”

Thomson Reuters Eikon Messenger is an established, open and secure instant messaging collaboration tool for the global financial community. Available as part of Thomson Reuters Eikon and as a standalone, free-of-charge application, Eikon Messenger aids regulatory compliance by including bilateral chat controls in conjunction with a suite of active compliance tools, including features for keyword blocking, disclaimers and policy enforcement. It provides users with access to the world’s largest open directory of contacts spanning more than 285,000 users across 25,000 firms in 180 countries. Eikon Messenger is also supported on iOS, Blackberry, Android and Windows devices.

Date: 
Friday, July 22, 2016