SYS-CON MEDIA Authors: Elizabeth White, Yeshim Deniz, Pat Romanski, Liz McMillan, William Schmarzo

News Feed Item

Zoom Partners with OpenExchange to Provide Video Communications for Financial Services Market

Enterprise Video Communications Leaders Team Up to Deliver Comprehensive Offering with Superior User Experience

SAN JOSE, CA--(Marketwired - January 04, 2018) - Zoom Video Communications today announced that it has partnered with OpenExchange to provide a new joint video conferencing solution designed exclusively for financial services organizations. Zoom, the leading provider of cloud video communications, and OpenExchange, the trusted video exchange for financial services, have created a strong offering of secure, versatile cloud video conferencing with white glove managed services.

The partnership of these video service providers offers numerous benefits to customers, including:

  • Zoom's cloud video communications platform that provides HD video, audio, and web conferencing, as well as chat and webinars seamlessly across conference rooms, desktops, telephones, and mobile devices
  • OpenExchange's global video exchange, which offers full interoperability with disparate video equipment and world-class managed services. The result is the financial industry's highest-quality, most secure private video conferencing solution
  • Access to OpenExchange's Global Connected Network of 1500+ public companies, intermediaries, and institutional investors, making it easier to provide video access to management teams and industry experts
  • Secure cloud (and optional hybrid cloud-onprem) communications environment with AES-256 bit end-to-end encryption
  • Zoom's full collaboration feature set, including speech-to-text recording transcription, screen sharing, co-annotation, whiteboarding, and more

"This partnership comes at the perfect time in OpenExchange's growth. The majority of our high-value meetings use classic video conference room set ups, but we are seeing a significant increase in joining from the desktop. Partnering with Zoom will make it easier than ever for investors to meet with corporate management teams, industry experts, and leading research analysts with the click of a button," said Mark Loehr, Chief Executive Officer of OpenExchange. "As adoption in the financial services industry continues to accelerate at a rapid pace, integrating Zoom into our managed video service offering allows us to better serve the growing and changing needs of Wall Street."

"The goal of this partnership is to help financial institutions leverage Zoom with the best possible user experience. A strength of both of our companies is developing frictionless video communications environments that 'just work,'" said Eric S. Yuan, Founder and CEO of Zoom. "So it was natural that we would come together with OpenExchange -- whom I'm also proud to call a Zoom customer -- to deliver managed video services to our customers."

This announcement follows a banner 2017 for both OpenExchange and Zoom. OpenExchange experienced 50% growth in video meetings; virtual group meetings led the increase in activity with the level of participants in each meeting more than doubling. One of the pivotal aspects of OpenExchange's growth was the ability to have more investors join these valuable meetings from their desktop. Zoom, for its part, started the year with a $100MM Series D funding round from Sequoia, developed numerous partnerships, hosted its first user conference Zoomtopia, and announced triple-digit YOY revenue and customer growth.

About Zoom

Zoom is the leader in modern enterprise video communications, with a secure, easy cloud platform for video and audio conferencing, messaging, and webinars across mobile, desktop, telephone, and room systems. Zoom Rooms is the original software-based conference room solution used around the world in board, conference, huddle, and training rooms, as well as executive offices and classrooms. Founded in 2011, Zoom helps businesses and organizations bring their teams together in a frictionless environment to get more done. Zoom is a private company headquartered in San Jose, CA. Visit zoom.us and follow @zoom_us.

About OpenExchange

OpenExchange is a community based video exchange that enhances interaction within the financial industry. By using OpenExchange, the buy-side, sell-side and corporate issuers can arrange and conduct one-on-one and group meetings using secure, private, high quality video. Citi, Barclays and Ipreo LLC are strategic owners of OpenExchange.

Contact
Audrey Webb for Zoom
408-472-2603
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throughout enterprises of all sizes. We are offering early bird savings...
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | DevOpsSUMMIT | CloudEXPO New York will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018. Polish Digital Transformation companies which will exhibit at CloudEXPO | DevOpsSUMMIT | DXWorldEXPO include All in Mobile, dhosting, Cryptomage, Perfect Gym, Polcom, Apius Technologies, Aplisens, ELZAB SA, TELDAT, and Rebug.io.
Enterprises are universally struggling to understand where the new tools and methodologies of DevOps fit into their organizations, and are universally making the same mistakes. These mistakes are not unavoidable, and in fact, avoiding them gifts an organization with sustained competitive advantage, just like it did for Japanese Manufacturing Post WWII.
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
There's no doubt that blockchain technology is a powerful tool for the enterprise, but bringing it mainstream has not been without challenges. As VP of Technology at 8base, Andrei is working to make developing a blockchain application accessible to anyone. With better tools, entrepreneurs and developers can work together to quickly and effectively launch applications that integrate smart contracts and blockchain technology. This will ultimately accelerate blockchain adoption on a global scale.
Despite being the market leader, we recognized the need to transform and reinvent our business at Dynatrace, before someone else disrupted the market. Over the course of three years, we changed everything - our technology, our culture and our brand image. In this session we'll discuss how we navigated through our own innovator's dilemma, and share takeaways from our experience that you can apply to your own organization.
DXWorldEXPO LLC announced today that Nutanix has been named "Platinum Sponsor" of CloudEXPO | DevOpsSUMMIT | DXWorldEXPO New York, which will take place November 12-13, 2018 in New York City. Nutanix makes infrastructure invisible, elevating IT to focus on the applications and services that power their business. The Nutanix Enterprise Cloud Platform blends web-scale engineering and consumer-grade design to natively converge server, storage, virtualization and networking into a resilient, softwar...
Founded in 2002 and headquartered in Chicago, Nexum® takes a comprehensive approach to security. Nexum approaches business with one simple statement: “Do what’s right for the customer and success will follow.” Nexum helps you mitigate risks, protect your data, increase business continuity and meet your unique business objectives by: Detecting and preventing network threats, intrusions and disruptions Equipping you with the information, tools, training and resources you need to effectively m...
Having been in the web hosting industry since 2002, dhosting has gained a great deal of experience while working on a wide range of projects. This experience has enabled the company to develop our amazing new product, which they are now excited to present! Among dHosting's greatest achievements, they can include the development of their own hosting panel, the building of their fully redundant server system, and the creation of dhHosting's unique product, Dynamic Edge.
The Transparent Cloud-computing Consortium (T-Cloud) is a neutral organization for researching new computing models and business opportunities in IoT era. In his session, Ikuo Nakagawa, Co-Founder and Board Member at Transparent Cloud Computing Consortium, will introduce the big change toward the "connected-economy" in the digital age. He'll introduce and describe some leading-edge business cases from his original points of view, and discuss models & strategies in the connected-economy. Nowad...
"DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at @DevOpsSUMMIT and CloudEXPO tell the world how they can leverage this emerging disruptive trend."
For far too long technology teams have lived in siloes. Not only physical siloes, but cultural siloes pushed by competing objectives. This includes informational siloes where business users require one set of data and tech teams require different data. DevOps intends to bridge these gaps to make tech driven operations more aligned and efficient.
NanoVMs is the only production ready unikernel infrastructure solution on the market today. Unikernels prevent server intrusions by isolating applications to one virtual machine with no users, no shells and no way to run other programs on them. Unikernels run faster and are lighter than even docker containers.
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO Silicon Valley 2019 will cover all of these tools, with the most comprehensive program and with 222 rockstar speakers throughout our industry presenting 22 Keynotes and General Sessions, 250 Breakout Sessions along 10 Tracks, as well as our signature Power Panels. Our Expo Floor will bring together the leading global 200 companies throughout the world of Cloud Computing, DevOps, IoT, Smart Cities, FinTech, Digital Transformation, and all they entail. As ...