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IM giants told to work it out | |
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||
| Time: 10:21 EST/15:21 GMT | News Source: CNET | Posted By: Robert Stein | ||
|
As Wall Street begins to embrace instant messaging, some financial giants are putting a squeeze on the technology's famously fractious service providers. Two weeks ago, six top financial institutions met secretly with AOL Time Warner, Microsoft, IBM and other leading corporate instant messaging providers and urged them to build communications networks that interoperate. The meeting, which took place at Merrill Lynch's New York offices, was among the first convened by the Instant Messaging Standards Board (IMSB), a newly created consortium led by financial services firms Lehman Brothers, J.P. Morgan Chase, Merrill Lynch, Morgan Stanley Dean Witter, UBS and Deutsche Bank. | ||
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