Software AG Awarded SWIFTReady Financial EAI Label for 2011

  • Software AG’s webMethods SWIFT Module receives SWIFT’s highest level of certification for interoperability for the ninth year in a row
  • Used by 9,500+ institutions in 210 countries, SWIFT is the global standard for secure and reliable financial messaging
  • Software AG showcases its SWIFT-compliant solutions at SIBOS 2011, one of the world’s largest and most important financial services conferences and exhibitions

Toronto, Canada , 9/19/2011

Software AG today announced that it has been awarded SWIFTReady Financial EAI label for 2011 from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), SWIFT’s highest level of certification for interoperability. More than 9,500 institutions in 210 countries rely on this stamp of approval to ensure reliable, secure and assured messaging between member institutions. This is the ninth year in a row that Software AG has received this certification. The announcement was made at SIBOS 2011, one of the world’s largest and most important financial services conferences and exhibitions, where Software AG has a presence.

Financial institutions around the world conduct critical business activities that require financial data communications and processing services with various third parties and need a flexible, adaptable and secure network to exchange information. With a certified SWIFT solution, Software AG is able to deliver to financial institutions integration and connectivity between their existing systems and the SWIFT network, allowing them to optimize business activities such as payments, securities, treasury, and trade services.

“We automate and improve key banking processes for some of the biggest banks in the world, servicing more than 500 financial services institutions globally, including payment and payment monitoring solutions,” said Dr. Wolfram Jost, Chief Technology Officer, Software AG. “We’re pleased to be recognized for our solutions and to receive the highest level of certification from SWIFT.”

Software AG at SIBOS 2011:  At-a-Glance
SIBOS 2011, occurring this week in Toronto, Canada, is one of the world’s largest forums designed to reach the entire financial services industry. As a strategic partner to this sector, Software AG will be showcasing its capabilities and customer successes at Booth G111, including:

  • Payments Process Automation Demo – illustrates Software AG’s Payments Monitoring solution which helps streamline payments processing time and also predicts and resolves potential transaction problems before they occur. 

  • ATM Fraud Detection Demo – highlights an ATM fraud scenario using webMethods Business Events (Software AG’s new Complex Event Processing product) to identify event patterns and deliver a holistic view. webMethods Business Events performs continuous queries on the event streams, which are then evaluated on-the-fly ensuring predictable, traceable, repeatable and correct results every time.

About Software AG
Software AG is the global leader in Business Process Excellence. Our 40 years of innovation include the invention of the first high-performance transactional database, Adabas; the first business process analysis platform, ARIS; and the first B2B server and SOA-based integration platform, webMethods.
We offer our customers end-to-end business process management (BPM) solutions delivering low Total-Cost-of-Ownership and high ease of use. Our industry-leading brands, ARIS, webMethods, Adabas, Natural, CentraSite and IDS Scheer Consulting, represent a unique portfolio encompassing: process strategy, design, integration and control; SOA-based integration and data management; process-driven SAP implementation; and strategic process consulting and services.
Software AG had revenues of €1.1 billion in 2010 and has more than 5,400 employees serving 10,000 enterprise and public institution customers across 70 countries. Our comprehensive software and services solutions allow companies to continuously achieve their business results faster. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW).

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Contact:
Software AG
Cheryl Hawkins
Senior Manager, Public Relations
United States
Tel: +1 703 674-4115
Fax: +1 703 674- 4061
cheryl.hawkins@softwareag.com
http://www.softwareag.com
or:
Software AG
Paul Hughes
Director Media Relations
Uhlandstrasse 12
64297 Darmstadt
Germany
Tel: +49 6151 92-1787
Fax: +49 6151 92-1623
press@softwareag.com
http://www.softwareag.com