iWay Software supports BT secure messaging service 
(17/07/2007)
iWay Software has been selected by BT to enhance its successful secure messaging service for the global financial services community. By utilising iWay Software’s SOA Middleware Platform, BT is able to deliver a single, redundant, fully-managed secure messaging service across the straight-through processing (STP) chain.
Guaranteed delivery and comprehensive non-repudiation are requirements of the service, and iWay Software is able to provide the levels of security, scalability and performance required.
BT’s secure messaging service uses the BT Radianz shared market infrastructure to deliver time-critical and cost-effective demands unique to financial services organisations.
“iWay’s lightweight architecture was a perfect fit for BT as it provided the flexibility needed to create the standard gateway,” said John Senor, president of iWay Software. “Working with BT has confirmed our ability to operate in the most rigorous and heterogeneous of messaging environments. Our in-depth knowledge of messaging security, performance and reliability will complement our industry leading interoperability with unparalleled infrastructure robustness.”
“Our service depends on cost-effectively moving billions of messages describing financial transactions. We needed a vendor that could handle our rigorous technical requirements, yet still be lightweight and flexible. In iWay, we have found a solution with technical attributes that will grow with us as we expand our service,” said Kevin Covington, Executive Vice President of Product and Business Development at BT Radianz.
BT’s secure messaging service builds on ten years of delivering the secure messaging SettleNET service for CREST in the UK domestic market.
Related topics: Data management and data security
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