Contact Information: For more information, contact: Julie Redard Sterling Commerce (978) 513-6386 Julie_Redard@stercomm.com Jamie Leicht Fleishman-Hillard (619) 237-7711 jamiemarie.leicht@fleishman.com
Sterling Commerce Receives 2009 SWIFTReady Label for Financial EAI Solutions
Certification for Recently Enhanced Sterling Integrator Helps Both Financial Services Organizations and Their Corporate Clients Optimize and Transform Their Global Financial Management Processes
| Source: Sterling Commerce
COLUMBUS, OH--(Marketwire - July 7, 2009) - Sterling Commerce, an AT&T Inc (NYSE : T )
company, today announced that Sterling Integrator 5.0 has been awarded the 2009
SWIFTReady label for Financial EAI (enterprise
application integration). Announced in April 2009, Sterling Integrator
5.0 enables secure end-to-end management on a single platform of financial
data exchange across business processes within an enterprise and among an
enterprise and its business partners. Sterling Integrator is part of Sterling
Business Integration Suite, a comprehensive set of solutions for all
integration needs, inside and outside the enterprise.
This is the fourth consecutive year Sterling Integrator has received this
annual certification, demonstrating Sterling Commerce's commitment to
supporting the rigorous standards
established by SWIFT for the global financial
services market. SWIFT supplies standardized and secure messaging
services to more than 8,300 financial institutions in 208 countries and
territories. The SWIFTReady certification evaluates products based on
their ability to provide SWIFT users with the technology and functionality
required to manage financial data and fully integrate with the SWIFT
community. In this year's certification, Sterling Integrator's superior
capabilities in detecting and correctly defining validation errors were
seen as significant in enabling improved straight-through processing
levels, an important criterion in global financial management.
"Sterling Commerce continues to demonstrate its dedication to the global
financial services community by meeting our evaluation criteria," said Eric
Meirlaen, Solutions and Markets manager, SWIFT Partner Management.
"Completing the certification so quickly illustrates the flexibility and
ease-of-use of Sterling Integrator as well as the commitment from Sterling
Commerce to this certification as a way to ensure the company meets the
needs of its global customers."
"As organizations look to streamline the processing of financial
transactions, support for global standards such as SWIFT is increasing in
importance for both financial services organizations and their corporate
clients," said Jim Gahagan, global industry executive, Financial Services
for Sterling Commerce. "This trend has led to increased demand for a
secure and reliable communications platform such as Sterling Integrator
that can provide increased visibility into global financial data
transmissions by centralizing control of all transmissions across multiple
standards and protocols."
Financial services organizations are transforming their global inter-bank transactions
with Sterling Integrator by reducing complexity and enabling real-time
visibility over the high volumes of data transfers that many SWIFT member
organizations execute each day. Sterling Integrator allows financial
communities to transmit and share financial data in a secure, accurate,
efficient and highly cost-effective way across diverse business processes,
protocols and standards, on a single platform.
Corporations also are benefiting from the robust and flexible integration
capabilities of Sterling Integrator. As more corporations expand globally
to improve their financial position, they need to optimize and better
manage their treasury operations across multiple financial institutions and
in multiple countries. Sterling Integrator is helping these corporate
customers to transform their treasury operations and fragmented IT
environments into integrated, cost-effective solutions that drive
operational efficiency.
Sterling Integrator 5.0 includes several new capabilities designed to help
companies ensure their business processes are automated, streamlined,
integrated and coordinated with those of their business partners. It adds
Sterling Community Manager, a new capability that reduces the
cost, resources and time involved in on-boarding and managing large and
diverse trading partner communities. Sterling Community Manager helps
companies reliably on-board, expand and manage their partner communities
more quickly and accurately, and with fewer resources. In addition, new
communications and security capabilities have been added to ensure
companies can support the various requirements of their partners.
About Sterling Commerce
Sterling Commerce, an AT&T Inc (NYSE : T ) company, helps companies optimize
and transform their Business Collaboration Network to
accelerate revenues and reduce costs. More than 30,000 customers worldwide
use Sterling Commerce
applications and integration solutions to connect, communicate and collaborate
inside and outside their enterprise. More information can be found at
www.sterlingcommerce.com.