TIBCO Accepts Distinguished SWIFTReady Financial EAI Label for Tenth Consecutive Year
SWIFTNet Accreditation Demonstrates TIBCO's Strong Commitment for Mainstream Financial Industry Standards
TIBCO Software Inc. (NASDAQ: TIBX) today announced it has received the prestigious 2011 SWIFTReady Financial EAI Label for the tenth consecutive year. This important achievement demonstrates TIBCO's strong commitment and support for the financial industry standards and further reinforces their enduring position within the financial markets.
TIBCO's SWIFT-certified solution for SWIFTNet provides a substantial number of customers the ability to considerably simplify the exchange of financial transactions on the SWIFT network by automating a complex process.
The SWIFTReady program uses stringent criteria that are SWIFT specific and reviewed on a yearly basis. Companies meeting the criteria are awarded a SWIFTReady label. The label helps customers in their selection of a supplier and provides the insurance that the product or service meets the highest levels of quality. The label is designed to reflect the capability of a product to provide automation in a SWIFT environment and is re-evaluated every year to ensure alignment with market evolutions.
"We are very pleased to award TIBCO with the 2011 SWIFTReady Financial EAI Label," said Filip Versluys, head of partner management, SWIFT. "TIBCO offers a way to increase operational efficiency and maximize return on investment, as well as customer satisfaction, while providing an optimal and successful solution."
"Economic changes in the payments landscape have forced the banking community to find new ways to reduce their operational costs, mitigate their liquidity risk and increase the revenue and efficiency of their core payment products," said Murat Sonmez, executive vice president, Global Field Operations, TIBCO. "Receiving this accreditation for the tenth year in a row is an honour and valuable achievement for TIBCO, emphasizing our high security and reliability standards for the financial services market."
TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's efficient claims or trade processing, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage® – the ability to capture the right information, at the right time, and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes, and applications in real time. Learn more at www.tibco.com.
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