"RIXML.org is happy to announce and welcome Seventh Wave Systems as an Associate Member to the RIXML.org consortium," said Michael Skutinsky Jr., Executive Director, RIXML.org. "We are pleased to have a research solutions and technology company of Seventh Wave stature joining our consortium. It presents RIXML.org with an opportunity to expand our global standard and to have another member who can provide a service that supports the RIXML schema and concept."

Seventh Wave Systems has fully adopted RIXML in designing ReachIS, its investment research delivery and management system. ReachIS serves the needs of both suppliers and users of investment research. ReachIS is an enabling technology that can fundamentally change the investment research industry.

Seventh Wave is delighted to become an active member of RIXML.org. As a part of the RIXML organization, Seventh Wave Systems will participate as an Associate Member, which is a membership category that encourages all industry participants to get involved in the development and implementation of the standard.