TIBCO and Integra Develop Solutions for Financial Services Market

11/13/2003 - TIBCO Software Inc. (NASDAQ:TIBX), a leading enabler of real-time business and the world’s largest independent business integration software company, as demonstrated by market share and analyst reports, and Integra SP, a specialist in real-time software and integration solutions provider announced an extension to their existing partnership agreement and outlined plans to provide a series of co-developed solutions designed specifically for the finance industry.

“By embedding TIBCO® technology into our solutions, Integra SP can deploy solutions more quickly and efficiently,” said Sven Thiele, chief executive officer, Integra SP. “With solutions like iaTradeTM and MarketConnectTM, we are able to provide financial institutions with robust and high-performance solutions for asset managers, brokers, banks and custodians for implementing cost-effective electronic processes.”

Integra SP already embeds TIBCO software into Integra SP’s trade lifecycle management solution, iaTrade. The latest agreement extends this relationship across a number of finance related projects including Integra SP’s recently announced MarketConnect product, a high performance financial messaging appliance. MarketConnect is a low-cost, edge-of-network, multi-format financial messaging appliance that is middleware and network agnostic. The scalable appliance supports payment systems and all asset classes, enabling asset managers, brokers, banks and custodians to implement cost efficient electronic processes. Integra SP has just released MarketConnect Version 2.0 adding support for SWIFTNet FIX, SWIFTNet FIN and OMGEO.

“Extending this agreement with Integra SP accelerates our product deployment in the financial services markets,” said George Ahn, executive vice president and chief marketing officer, TIBCO Software Inc. “TIBCO’s involvement with MarketConnect is just one example of how sharing our domain knowledge with leaders like Integra SP delivers new and innovative technology to the financial services market.”

About TIBCO Software Inc.
TIBCO Software Inc. (NASDAQ: TIBX) is the leading independent business integration software company in the world, demonstrated by market share and analyst reports. In addition, TIBCO is a leading enabler of Real-Time Business, helping companies become more cost-effective, more agile and more efficient. TIBCO has delivered the value of Real-Time Business, what TIBCO calls The Power of Now®, to over 2,000 customers around the world and in a wide variety of industries. For more information on TIBCO's proven business integration, business optimization, and enterprise backbone solutions, TIBCO can be reached at +1 650-846-1000 or on the Web at www.tibco.com. TIBCO is headquartered in Palo Alto, CA.

About Integra SP
Integra SP provides software for the visualization, process management and integration of real- time systems. Integra SP’s domain expertise and Altio product set enable businesses to ‘connect vision to reality’ through managed change. The Altio product set comprises XML based tools for real-time thin client visualisation, dynamic streaming and heterogeneous process connectivity. Through its global presence Integra SP supports customers and partners within the Finance, Energy and Public Sectors. www.integrasp.com.

TIBCO, the TIBCO logo, The Power of Now and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries.

Previous Page | News by Category | News Search

If you found this page useful, bookmark and share it on: