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Axway Recognized for Strength in Financial Services.


Company's Business-to-Bank Integration Enhances Flexibility and Visibility for Financial Institutions

SCOTTSDALE, Ariz. -- Axway, Inc. today announced that TowerGroup recognizes Axway in a recent evaluation for its strong business-to-bank (B2Bank) integration solutions, providing corporations and financial institutions with enhanced flexibility and visibility for expanded e-business collaboration.

The report, titled "Connecting Banks and Corporate Clients: B2Bank Integration Solution Alternatives" includes Axway among vendors offering secure managed file transfer A managed file transfer (MFT) application is a software product that provides organizations with a holistic solution to their file transfer needs. The responsibilities of a MFT suite include securing the data by encrypting the transmission channel or the data itself, managing  applications and 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
) gateway solutions with integration capabilities, both on-premise or as a hosted service. TowerGroup defines B2Bank as "the technology used to manage the connections between the applications running at a bank and the financial and accounting systems of its corporate and other wholesale clients."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the report, "Axway has a well-developed and comprehensive vision for supporting the critical need for both flexibility and enhanced visibility in the integration points between businesses and their trading partners, including banks. The Synchrony synchrony /syn·chro·ny/ (-krah-ne) the occurrence of two events simultaneously or with a fixed time interval between them.

atrioventricular (AV) synchrony
 SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records.

(2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability.
 framework is the embodiment of that vision, combining a wide range of components and services that can be implemented in an almost infinite number infinite number

a number so large as to be uncountable. Represented by 8, frequently obtained by 'dividing' by zero.
 of combinations based on the existing environment and preferences of the client."

"Axway has a strong reputation as a global provider of B2B solutions and has extensive experience in banking as a provider of packaged software See software package. , a supplier of custom solutions, and an active participant in financial services standards development," stated Susan Feinberg, research director at TowerGroup, in her report.

In the report, TowerGroup profiles vendor solutions from Axway, GXS GXS Global Exchange Services (GE)
GXS Gun X Sword (anime) 
, Sterling Commerce, Tumbleweed Communications, and webMethods. "We're honored to gain such credible industry recognition for our Synchrony framework and the flexible, scalable solutions we deliver to our high-profile, global customer base in the financial services industry," said Jim Haggard, solutions director at Axway.

To view a recording of Axway's recent Webinar featuring Feinberg, "Wholesale Customer Integration -- The Top Seven B2Bank Components and Services You Must Have," please visit the following URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
: http://www.axway.com/webinars.

About Axway

Axway is the leading global provider of collaborative business solutions. Axway establishes the dynamic connections - within and among enterprises - that make companies easier to do business with. Over 8000 organizations worldwide depend on Axway to manage and control their business-critical information in motion - improving value chain efficiency, regulatory compliance and quality of service. Axway's solutions feature a highly flexible integration and B2B framework, analytics, services, and customized applications for the financial services and life sciences industries. A subsidiary of Sopra Group, SA, Axway is headquartered in Scottsdale, Arizona, and has offices in 20 countries.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 25, 2007
Words:416
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