PALM DESERT, Calif., May 5, 2004 - Vitria (Nasdaq: VITR), a leading provider of business process integration solutions, today announced that the Company will be an exhibitor and featured presenter at the Securities Industry Association (SIA) Operations Conference and Exhibit 2004 opening today in Palm Desert, Calif. Vitria will offer attendees customized presentations and demos of its latest offerings for the financial services industry including the Accenture STP Integration Platform, powered by Vitria, and the Vitria SWIFTComplete solution. Vitria will be showcasing these innovative solutions for financial
organizations at Booth #216 on the show floor during normal exhibit hours.
The 31st Annual SIA Operations Conference and Exhibit is the premier conference of its kind for securities operations managers and professionals in the U.S. Attendees will be presented with ideas and solutions for achieving the highest quality of performance and customer service within their functional area of responsibility. Typical attendees include more than 500 senior operations executives from securities firms, banking institutions, self-regulators, accounting firms and industry service organizations, making this event an
unparalleled forum dedicated exclusively to the operational side of the
"Financial organizations are increasingly aware of the cost savings and efficiency improvements they can realize by integrating best-of-breed applications utilizing an out-of-the-box solution," said John Parker, vice president, financial markets, Vitria. "Vitria provides pre-packaged business process integration solutions to connect applications and processes within and across financial services enterprises, enabling the implementation of a unified architecture more quickly and easily."
Vitria Events at the Conference:
Vitria will host a Workshop Session open to all conference attendees entitled "The Ten Pillars of STP Integration." John Parker, Vitria's vice president of financial markets, will discuss how Vitria:BusinessWareT combines the industry's leading business process management rules-based platform with fully integrated human workflow management to provide true end-to-end modeling and management of the entire trade processing value chain.
Conference attendees can meet with Vitria executives and view product demonstrations during exhibit hall hours on Wednesday, May 5th, from 12:00 noon - 2:00 p.m. and from 5:00 p.m. - 7:00 p.m. and on Thursday, May 6th, from 7:45 a.m. - 8:30 a.m. and again from 12:00 noon - 2:00 p.m. at Vitria's booth, #216.
Vitria currently offers financial services solutions for STP, reference data synchronization and financial messaging convergence encompassing SWIFT, FIX, EDI, and various XML dialects. The Accenture STP Integration Platform, powered by Vitria, creates a platform for the integration of major business systems, within and beyond the four walls of an organization, enabling financial services firms to identify and reduce trade processing errors and exceptions, automate transaction repair and achieve end-to-end systems integration. Vitria SWIFTComplete is a powerful, packaged solution designed to simplify compliance to ever changing SWIFT financial standards.