CertCo Enhances Its CertCo RMX Offering for Online Exchanges With Addition of SupplierInsight's Supplier Rating Service.Business Editors NEW YORK--(BUSINESS WIRE)--May 21, 2001 Transaction Infrastructure Services Offering to Provide Supplier Performance Ratings See benchmark. CertCo, Inc., a leading provider of risk management and security solutions for B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. , today announced that its CertCo RMX RMX Remix (music) RMX RockMan X (video game) RMX RetailersMarketXchange RMX Reverse Mail eXchange RMX Remote Mail Exchange RMX Realtime Multitasking Executive RMX Reverse Mx RMX Real Music Jukebox (TM) offering now features online supplier performance ratings from SupplierInsight, a provider of online supplier qualification products and services to corporations, online exchanges and government agencies. Online exchanges that employ CertCo RMX can now offer suppliers the ability to purchase a SupplierInsight SupplierSeal(TM), which provides potential buyers with an independent assessment of a supplier's quality and capabilities. Now incorporated into online exchanges such as CheMatch and Vendorbase, CertCo RMX integrates transaction services from leading providers including SupplierInsight, Electronic Payment Exchange (EPX EPX Enterprise Private Exchange ), Dun & Bradstreet and Media General Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. with CertCo's own public key infrastructure (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ) technology, to help exchange members reduce the business risks associated with conducting high-value transactions online. By providing comprehensive financial, business and credit information for member companies of an exchange, CertCo RMX enables exchange members to verify the identities and credit worthiness of their potential trading partners in real time without ever leaving the exchange environment. The recent addition of e-payment services from EPX allows members to securely complete domestic and international business transactions. CertCo RMX also provides access to the SEC's EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. Database. Services from SupplierInsight will give suppliers the option of purchasing the SupplierInsight SupplierSeal(TM), which provides potential buyers with comprehensive qualification and ratings information about a specific supplier. By clicking on a supplier's SupplierSeal, a potential buyer can view important supplier certifications and comprehensive ratings information, including reference checks, facility reviews, e-readiness and a dispute resolution history. "This latest addition to our comprehensive CertCo RMX offering will give exchange buyers the detailed information they need to feel confident that they can complete high-value business transactions online," said June Yee Felix, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CertCo, Inc. "SupplierInsight's supplier rating Supplier rating (or vendor rating as it sometimes referred) is a business term used to describe the process of measuring an organizations supplier capabilities and performance. Supplier rating often forms part of an organizations supplier relationship management program. service assesses suppliers on multiple levels, providing buyers with a source of information for evaluating the potential risks of proceeding with a specific online transaction." "A supplier who receives a SupplierSeal immediately establishes confidence among potential buyers by demonstrating its track record for delivering quality products," said Rebecca Braun, CEO of SupplierInsight. "As a part of the CertCo RMX offering, our SupplierSeal Solution will provide buyers with the detailed information they need to feel comfortable purchasing products and services online." By employing CertCo RMX, which reduces the uncertainty and risks involved with online transactions, online exchanges can expand the range of acceptable trading partners for their members and potentially increase the frequency of transactions. The CertCo RMX service's single XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. interface makes it easy for exchanges to integrate risk management capabilities into their existing infrastructures, freeing them to focus on their core business objectives and helping them achieve an edge in serving their members' needs. About SupplierInsight SupplierInsight provides online supplier qualification products and services to corporations, online exchanges and government agencies. SupplierInsight's core product is the SupplierSeal, an electronic seal containing various ratings on a 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. SupplierInsight checks supplier credit Supplier credit Self-financing of a supplier's operations. Also the agreement of a supplier of goods or services to deferred repayment terms. references, business references, speaks to company representatives and visits supplier facilities to complete the rating. To learn more about SupplierInsight and its SupplierSeal Solution, please visit the company's Web site at www.supplierinsight.com or call 216-781-1100. About CertCo(R), Inc. Founded in 1996, CertCo, Inc. is a leading provider of risk management and security infrastructure solutions for B2B e-commerce. CertCo provides corporations, financial institutions, online exchanges and governments with business solutions that enable them to safely conduct global, high-value transactions over open networks - effectively removing the "last hurdle" in end-to-end B2B e-commerce. The company offers a full suite of risk management and security services that leverages its thorough understanding and experience with business process, legal, technology and cryptography issues, as well as its deep and long-standing relationships with insurance and financial service providers. Based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and privately held, CertCo also operates a research and development office in Cambridge, Mass and a European subsidiary based in London. More information is available at www.certco.com. Copyright (c) 2001 CertCo, Inc., 55 Broad Street New York, NY 10004 U.S.A. All rights reserved. CertCo, its logo, CertCo RMX, CertAuthority, CertValidator, CertSigner and/or other CertCo products referenced herein are either trademarks or registered trademarks of CertCo Inc. All other company and/or product names are the property of their respective owners. |
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