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.
Related Results
"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
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions


