@TheMoment and Open Ratings Form Alliance to Deliver Supplier Performance Ratings to B2B Emarketplace Participants.Business Editors BOSTON and SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Nov. 14, 2000 @TheMoment's real-time trading capabilities combined with leading vendor decision support tools co-developed by Open Ratings and Dun & Bradstreet increase trading confidence @TheMoment(tm), Inc., the premier enabler of dynamic commerce, and Open Ratings, the global standard for supplier performance ratings See benchmark. , today announced a strategic alliance to offer unbiased supplier performance ratings to @TheMoment customers. By integrating Open Ratings' solution into the @TheMoment Dynamic Trading Suite(tm), @TheMoment customers will have the tools to produce more liquid, secure and trusted eMarketplaces. Through its strategic alliance with Dun & Bradstreet (NYSE NYSE See: New York Stock Exchange :DNB DNB Dictionary of National Biography DNB Drum N Bass (music) DNB De Nederlandsche Bank DNB Dun & Bradstreet (stock symbol) DNB Den Norske Bank DNB David Nelson Band ), Open Ratings offers the only single-point solution for businesses to obtain and evaluate business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) supplier performance information, providing increased trust and confidence to e-business transactions and expanding D&B's presence to the Web. The solution combines Open Ratings' patent-pending predictive scoring of a vendor's performance - based on criteria including timeliness, responsiveness and reliability - and D&B's global database of unbiased business information. D&B's database includes financial strength and operating history information about 60 million businesses around the world, making it the largest and most valuable of its kind. Buyers in an @TheMoment-powered reverse auction or negotiated exchange will be able to leverage supplier performance information to compare and review the performance of suppliers on multiple parameters. Suppliers in a forward auction or live bid/ask exchange will be able to compare buyer feedback on their performance and benchmark their performance against competitors, thus competing on results and not just brand recognition or price. "Enabling trust and liquidity is essential to the success of any eMarketplace," said Itzik Goldberger, vice president of marketing and business development, @TheMoment. "Together with Open Ratings, @TheMoment is delivering value-added services that both encourage eMarketplace participation and facilitate transactions for our customers. We anticipate both buyers and suppliers will benefit from Open Ratings' real-time ratings, a service critical to the purchase decision-making process within the live dynamic commerce environments offered by @TheMoment." "@TheMoment is a leader in real-time trading technology for e-commerce," said Stan Smith
About @TheMoment, Inc. @TheMoment(tm), Inc. is the premier enabler of dynamic commerce. The @TheMoment Dynamic Trading Suite(tm) is the most flexible dynamic commerce solution for Net market makers and brick- and-mortars seeking to increase trading efficiency and maximize revenues. Addressing the needs of sellers and buyers alike, the highly scalable solution enables multiple market configurations including forward/reverse auctions, negotiated exchange (eRFP), and the industry's leading live bid/ask (Nasdaq-style) exchange. Headquartered in San Mateo, Calif., @TheMoment is funded by VantagePoint Venture Partners, Reuters Greenhouse Fund, TIBCO Software Tibco Software Inc. is a software company, with headquarters in Palo Alto, California. Tibco sells business process management and business integration software. History Vivek Ranadive founded the company as Teknekron Software Systems (TSS) in 1985. (Nasdaq:TIBX TIBX Tibco Software Incorporated (NASDAQ symbol) ), Tarrant Venture Partners, Comdisco Ventures, and other strategic investors. Additional company information is available at www.themoment.com. About Open Ratings, Inc. Open Ratings is the global standard for supplier performance ratings across all business-to- business eMarketplaces. Open Ratings offers a sophisticated, unbiased supplier performance ratings service that is designed to help businesses make informed and confident online transaction decisions. Based in Boston, Mass., Open Ratings was founded in May 1999 by Pattie Maes, MIT Media Lab This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. e-commerce expert, Giorgos Zacharia, co-founder of the MIT MIT - Massachusetts Institute of Technology Media Lab's Agent-mediated Electronic Commerce (AmEC) Initiative, and Stan Smith, former vice president and general manager of Agile Software. Open Ratings' investors include Ampersand The ampersand (&) normally means "and" as in Jones & Company. However, in the computer world, it is used in various ways. In Windows, it is used as a code to precede an underlined character. Ventures, Atlas Venture and Dun & Bradstreet. More information about Open Ratings can be found at www.openratings.com or by calling 617-354-1232. @TheMoment and the @TheMoment logo are trademarks of @TheMoment, Inc. Open Ratings is a trademark of Open Ratings, Inc. |
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