Boston, Massachusetts – October 15, 2020 – OpenExchange, the premier video solutions company for investor communications, announced that its global team managed a record number of virtual conferences, meetings, and live streams for the financial services industry in the third quarter of 2020.

The company partnered with more than a dozen of the largest financial services institutions in the world to facilitate 111 investor conferences in the quarter, and handled more than 35,000 secure virtual meetings, sessions, and live streams during the quarter. This represented a 79 percent increase in virtual sessions over Q2, and a growth of more than 4000% versus the corresponding quarter in 2019.

Through the third quarter, OpenExchange’s Knovio smart media platform delivered more than 50 million minutes of live and on-demand business video streams, watched by more than 930,000 unique viewers. The company continued to enhance both its live streaming and video showcase capabilities with powerful new features that are immediately put to work in streaming keynote and company presentation tracks in conferences, as well as for a growing list of private video content channels for major companies and banks.

During the quarter, OpenExchange expanded its global footprint by adding hundreds of new team members in China, India, Korea and Eastern Europe, and increased its technical and client relationship staff in Boston, New York, London and Hong Kong.

About OpenExchange

OpenExchange video-enables the vital daily communications of the financial services and professional investment industry and its clients with advanced one-to-one, one-to-many, and many-to-many video technologies, tools and services.