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September 30, 2002 — (WEB HOST INDUSTRY REVIEW) — Integration software provider webMethods Inc. (webMethods.com) said on Monday that, together with SWIFT, it will present a special interest session titled “E-Commerce in Practice,” at the Sibos conference held this week in Geneva, Switzerland.
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According to webMethods, Sibos is among the world?s foremost financial services events, addressing many of the issues challenging the financial services industry today.
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The e-commerce seminar, says webMethods, will demonstrate how corporate customers can benefit from trust and payment applications offered by their financial institutions, to reduce the cost of owning technology while building toward next-generation straight-through processing (STP).
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webMethods and SWIFT will introduce a plan for implementing successful STP initiatives based on proven technology and methods. The seminar, held on Thursday, October 3 at 11:00 am, will address issues relating to commercial transactions to bank payments and through to settlement confirmation.
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According to webMethods, live demonstrations of the company?s STP solutions and SWIFT?s TrustAct/ePayments solutions will be made at the conference.
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“The financial services industry is grappling with critical business issues, ranging from e-commerce initiatives to shortened post-trade settlement times to general issues relating to operational efficiency,” says Darren Oberst, vice president and general manager, Financial Business Unit, webMethods, Inc. “The key to all of these business issues is integration. The webMethods integration platform addresses them in a comprehensive approach by streamlining business processes, based on a flexible, scalable and standards-based platform.”
