24 August 2016
Find out more

Reuters to develop EAI software for intelligent message processing

01 October 2002  |  5571 views  |  0 Reuters to develop EAI software for intelligent message processing

Reuters is developing an intelligent message transformation rules engine to support bank correspondence with third party market utilities such as Swift, CLS and GSTPA.

The product, which is based on the Tibco ActiveEnterprise middleware suite, will provide a standardised pre-packaged solution which will sit above a bank’s basic middleware backbone. Reuters says it is working with interbank network Swift to ensure that the proposed plug-and-play service is SwiftNet ready.

The vendor says it will have a working model ready for demonstration at next year’s Swift seminar (Sibos), when banks will be firming up their plans for migration to the SwiftNet IP network.

At this year’s exhibition Reuters’ subsidiary Tibco announced that its ActiveEnteprise adapter for Swift has received SwiftReady 2002 Gold EAI certification. Former Swift staffer and current Reuters STP director Tony Kirby says the certification will considerably enhance Reuters’ ability to provide business solutions to the Swift community.

The development of software to ease bank migration to up-and-coming networks and utilities has been high on the list of vendor prioirites at this year’s Sibos. IBM announced a similar service to that proposed by Reuters via its WebSphere middleware package earlier today. Microsoft also is in beta production of its BizTalk Accelerator for Financial Services for integrating financial messaging with internal business processes. Mesage borkers such as Mercator, and business process management outfits like Pegasystems are also upping their game to compete in this arena.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

IBM makes big pitch for bank IT bucks

IBM makes big pitch for bank IT bucks

01 October 2002  |  5230 views  |  0 comments
Reuters forms industry group to tackle reference data problem

Reuters forms industry group to tackle reference data problem

30 September 2002  |  4766 views  |  0 comments
SwiftNet conversion to cost industry up to $400 million

SwiftNet conversion to cost industry up to $400 million

30 September 2002  |  3484 views  |  0 comments
Mercator prepares for Swift standards convergence

Mercator prepares for Swift standards convergence

26 September 2002  |  3239 views  |  0 comments
Reuters reboots Treasury marketing department

Reuters reboots Treasury marketing department

23 September 2002  |  27439 views  |  0 comments
Reuters confirms Merrill tender

Reuters confirms Merrill tender

17 September 2002  |  4047 views  |  0 comments
Reuters names Greg Meekings as CIO

Reuters names Greg Meekings as CIO

16 September 2002  |  4111 views  |  0 comments
Swift begins cut over to new network

Swift begins cut over to new network

20 August 2002  |  4295 views  |  0 comments
Reuters and UBS PaineWebber extend wealth management technology deal

Reuters and UBS PaineWebber extend wealth management technology deal

20 August 2002  |  4562 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.abe-eba.euFind out moreVisit VocaLink.com

Top topics

Most viewed Most shared
hands typing furiouslyBlockchain: what to expect for 2017?
6635 views 0 | 48 tweets | 41 linkedin
Global fintech funding hits plateauGlobal fintech funding hits plateau
6233 views comments | 22 tweets | 21 linkedin
Teenager avoids conviction for CommBank DDoS attackTeenager avoids conviction for CommBank DD...
5791 views comments | 2 tweets | 3 linkedin
hands typing furiouslyBig Data's Three Big Trends in 2016
5598 views 0 | 20 tweets | 10 linkedin

Featured job

Find your next job