Business Services Industry

BT Selects iWay Software to Support Its Secure Messaging Service

Business Wire, May 16, 2007

NEW YORK -- iWay Software, an Information Builders company and an innovator of enterprise integration solutions announced today it has been selected by BT to enhance its successful secure messaging service for the global financial services community.

BT's secure messaging service uses the BT Radianz shared market infrastructure to deliver time-critical and cost-effective demands unique to financial services organizations.

By utilizing iWay Software's SOA Middleware Platform, BT is able to deliver a single, redundant, fully-managed secure messaging service across the straight-through processing (STP) chain. Guaranteed delivery and comprehensive non-repudiation are requirements of the service, and iWay Software is able to provide the levels of security, scalability and performance required.

"iWay's lightweight architecture was a perfect fit for BT as it provided the flexibility needed to create the standard gateway," said John Senor, president of iWay Software. "Working with BT has confirmed our ability to operate in the most rigorous and heterogeneous of messaging environments. Our in depth knowledge of messaging security, performance, and reliability will complement our industry leading interoperability with unparalleled infrastructure robustness."

"Our service depends on cost-effectively moving billions of messages describing financial transactions. We needed a vendor that could handle our rigorous technical requirements, yet still be lightweight and flexible. In iWay, we have found a solution with technical attributes that will grow with us as we expand our service," said Kevin Covington, Executive Vice President of Product and Business Development at BT Radianz.

BT's secure messaging service builds on ten years of delivering the secure messaging SettleNET service for CREST in the UK domestic market.

About iWay Software

iWay Software, an Information Builders company, accelerates business integration by providing tools that decrease the cost, time and risk of implementing service-oriented architectures. Clients achieve quick ROI by using iWay to reduce custom programming, while incrementally creating a sustainable, flexible architecture that cost-effectively supports long-term projects and minimizes the risk of changing environments. Leading organizations around the world use iWay Software technology to improve business performance. Industry leading interoperability makes iWay a natural choice - standalone or with other middleware.

About Information Builders

An industry innovator for more than 31 years, Information Builders is the leader in enterprise business intelligence and real-time Web reporting. The company's WebFOCUS product - the industry's most secure and flexible - is able to meet all the reporting needs of the extended enterprise, ranging from analysts to power users to the widest deployments for hundreds of thousands of users. Additionally, WebFOCUS' empowerment of organizations seeking to leverage all their data by accessing it all - from legacy to data warehouse - is unmatched.

Information Builders' award-winning technology has successfully provided quality software and superior services for 31 years to more than 12,000 customers, including most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,600 people and has over 350 business partners. For more information visit www.informationbuilders.com.

About BT

BT is one of the world's leading providers of communications solutions and services operating in 170 countries. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale.

In the year ended 31 March 2006, BT Group's revenue was PS19,514 million with profit before taxation of PS2,040 million.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.

For more information, visit www.bt.com/aboutbt

About BT Radianz

BT Radianz is one of the leading providers of secure, reliable, and scalable connectivity and hosting to the global financial services community. BT Radianz's shared market infrastructure offers a platform optimized for the time-critical demands unique to financial services. The BT Radianz network connects over 10,000 financial sites around the world through a single, redundant, fully-managed connection, while also providing access to more than 400 pre-trade, trade, and post-trade applications from nearly 200 of the world's leading content and service providers across the straight-through processing (STP) chain. BT Radianz is part of BT Global Services.

One Community One Connection One Focus

www.btradianz.com

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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