Sterling Commerce, an AT&T Inc company, 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 Commerces commitment to supporting the rigorous standards established by SWIFT for the global financial services market. SWIFT supplies standardised 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 years certification, Sterling Integrators 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.
Financial services organisations 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 organisations 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 optimise 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.
D.C.