Financial Fusion Selects Slam Dunk Networks to Provide Global Extranet Connectivity; Agreement Offers Cost-Effective Connectivity Options.Business/Technology Editors CONCORD, Mass.--(BUSINESS WIRE)--June 17, 2002 Financial Fusion, Inc., today announced a partnership with Slam Dunk Networks, a leader in global extranet connectivity, to provide secure, fast and cost effective global connectivity to the financial services industry for customers of Financial Fusion TradeForce(TM) Suite. TradeForce Suite is a complete STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. solution that is designed to standardize financial messaging for the trading industry. Financial Fusion decided to partner with Slam Dunk Networks as part of their ongoing effort to provide the securities industry with advanced solutions for improving electronic trading. The partnership will offer Slam Dunk Networks' extranet service to firms seeking secure, cost-effective connectivity that can be operational almost immediately. The partnership gives firms the ability to securely link systems, processes, and applications for partners' and customers' connections worldwide. The two companies have already conducted a series of mutual compatibility and performance stress testing to ensure that TradeForce Suite is able to seamlessly integrate with Slam Dunks' service. TradeForce Suite manages the distribution of financial messages and supports a wide range of protocols, including FIX, SWIFT, FpML, GSTPA GSTPA Global Straight Through Processing Association , Omgeo, EMX EMX - A programming environment for OS/2 by Eberhard Mattes <mattes@azu.informatik.uni-stuttgart.de>. EMX supports programming in C, C++ and Objective C. It works with gcc, g++, gdb, libg++, .obj linkage, DLL and headers. Version 0.8g. Europe. US. and RITD RITD Reuters InterTrade Direct RITD Resonant Interband Tunneling Diode . Both Financial Fusion and Slam Dunk Networks Adapter are based on 100% Java/EJB architecture. "Slam Dunk Networks' global extranet provides agile connectivity for counterparties of all sizes to meet the needs of STP, globalization and business continuity in a cost-and time-effective manner," said Bob Miller, 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. and founder, Slam Dunk Networks. "Financial Fusion is a leader in securities messaging and we are proud to partner with them to create a total connectivity solution that increases efficiency and reduces risk." "Financial Fusion recognizes the importance that advances in trade connectivity have for firms that are looking for more effective solutions for STP," said John Treadway, senior vice president, Financial Fusion. "We believe that our partnership with Slam Dunk Networks allows us to offer another advantage to our customers in the trading and Internet banking markets to help them succeed in the global financial marketplace." About Slam Dunk Networks, Inc. Slam Dunk Networks connects businesses for mission-critical transactions anywhere in the world through its global network service. No other option including leased lines, VANs, or private networks can compete against Slam Dunk's combination of 100% availability, rapid deployment, immediate ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). , superior performance, and fully managed security. This managed network service is so powerful that Slam Dunk Networks guarantees delivery and tracking of all transaction messages. Founded in December 1998, Slam Dunk Networks is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . Slam Dunk is headquartered in Redwood City, CA with offices in New York and London. To learn how Slam Dunk can get you connected call 650-632-5500 or visit www.slamdunknetworks.com. About Financial Fusion, Inc. About Financial Fusion Solutions for Financial Markets Financial Fusion solutions for Financial Markets are designed to meet the STP requirements of the trading industry. Our solutions provide processing for transaction intensive trading organizations such as securities and investment firms, ECNs and network providers. We support SWIFTNet FIX, FIX, SWIFT, GSTP GSTP Global System of Trade Preferences GSTP Global Straight-Through Processing GSTP Generalised System of Tariff Preferences (United Kingdom) GSTP Generic Switching Test Plan GSTP General Support and Technology Programme , Omgeo and proprietary protocols. Financial Fusion, Inc. provides integrated financial solutions to more than 200 of the world's leading financial institutions. Global alliance partners include IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Sun Microsystems, and SWIFT. The company supplies service and support in 60 countries and is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Sybase, Inc. (NYSE NYSE See: New York Stock Exchange : SY). Financial Fusion is a registered trademark, Financial Fusion logo and TradeForce are trademarks of Financial Fusion, Inc. All other trademarks are the property of their respective owners. |
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