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one of the reasons i'm generally Ok with Slack's valuation is that there is a ton of room for a messaging service to offer a service that is secure and auditabl
by anmilo 12y ago
one of the reasons i'm generally Ok with Slack's valuation is that there is a ton of room for a messaging service to offer a service that is secure and auditable at the level that the SEC/FINRA and Banks require. Like the article mentions, if you talk to the people using BBG, it's really the chat functionality that provides the main value for literally everyone, at least in my experience (former front office dev)
- Karunamon 12y agoI'm unfamiliar with these terminals (have kind of always wanted to play with one), but at first blush, a "secure and auditable" messaging system does not seem that difficult to build. Is it a legitimate compliance or practical implementation problem, or is it just the network effect?
- whatok 12y agoNetwork effect.
- schintan 12y agoIts not just the network effect..Bloomberg's messaging system is tightly integrated with the other functionality of the terminal..for example one can execute a trade via a message or get live streaming quotes.
- easytiger 12y agoits also easy to keep it secure when it doesnt use the internet