leading European financial institution, has chosen Reuters (LSE: RTR.L), the
global information, news and technology group, and TIBCO Software Inc.
(Nasdaq: TIBX), to create an enterprise wide technology solution based on
TIBCO ActiveEnterprise is a comprehensive line of enterprise architecture
integration products that automate business processes and lower total cost of ownership by integrating applications, databases and information into a single network. Under the strategic agreement with Reuters, Natexis Banques Populaires will deploy the solution across their business lines beginning with a project to manage trading operations in the investment banking business.
After an extensive selection process with other leading EAI vendors, the Bank selected Reuters and TIBCO. Its decision was based on the combination of the expertise and strong local presence of the Reuters support team together with TIBCO's best of breed technology solution.
FranÃ§ois Becam, IT Architecture Director, Natexis Banques Populaires said: "
The Reuters and TIBCO solution offers us a fully scalable, flexible integration platform to streamline our business processes. The return on our investment will be greater efficiency in the trading process and the flexibility to enhance and extend the services offered to our customers."
Emmanuel Colson, Business Manager Solutions, Reuters France said: " By seamlessly linking their business processes financial institutions can drastically increase their operational efficiency and improve customer satisfaction. We look forward to working with Natexis Banques Populaires to
deploy the Reuters and TIBCO solution to their business."