According to the terms of the partnership agreement, IBM will provide XRT with international development and marketing support to enhance its advanced technology solutions and open up new development perspectives.
The certification process began in December 2000 with XRT Pilot 5 Server software. It will eventually cover all Collaborative Treasury Management solutions from XRT and is designed to validate their ease of integration with IBM hardware platforms, including "Netfinity ServerProven" NT environments, AIX (RS/6000), and the ASP Prime solution center.
The agreement will enable XRT to expand into new markets by providing collaborative treasury management solutions and related services to financial departments equipped with IBM servers. It will also provide IBM with growth opportunities in the treasury management market. Expansion of the companies' distribution networks will also be a key driving force in this partnership, which will initially cover Europe and the United States.
"This new partnership with IBM will enable XRT to pursue its international growth with the help of IBM’s technical environment, support and services. I am convinced that it will also help promote technological innovations in collaborative financial flow" remarked Jean Beaufort, International Manager of Business Partners Organization.
Philippe Beauchamp, Manager, Products and Solutions for the IBM xSeries noted, "Compatibility tests performed with XRT software and IBM’s xSeries servers guarantee the overall consistency of the solution, in terms of application features and the technology platform. This comprehensive approach provides real added value for our customers and represents a terrific growth opportunity for our companies."
Joint presentations for treasury and finance managers will showcase a complete range of products, including certified hardware and software solutions. End users will be assured of excellent integration, proven security, and high availability for these applications.