Published On: Fri, Jun 10th, 2011

Intelligent Wave, Serisys Solutions Add Solace Systems Messaging Appliances

Intelligent Wave Inc. (“IWI”), the leading financial services IT solution provider to financial industries in Japan and Serisys Solutions Limited (“Serisys”), an IT services provider for the capital markets and banking industries in Asia announce the addition of Solace Systems messaging middleware appliances to their strategic partnership.

Today, Solace Systems hardware messaging appliances provide the financial services industry with superior messaging performance, reliability and cost efficiency compared to traditional software messaging approaches. For example, their middleware appliances can consolidate all of an enterprise’s varied messaging needs into a single shared platform with very low, consistent latency, high reliability and superior throughput.

As financial services providers demand much lower latency that is always predictable regardless of throughput or network traffic, hardware-based messaging architectures have developed as the only viable enterprise solution to this requirement. Solace Systems remains the clear leader in this field, providing multiple advanced and unique features and benefits such as eliding and virtualization while reducing the cost and complexity of an enterprise’s information distribution infrastructure.

“Having worked closely for several years now with Serisys to provide front office solutions we are delighted to extend our partnership – now covering Japan and China including Hong Kong – to the hardware-based messaging area,” said Yoshiyuki Yamamoto, President of IWI. Moreover, we look forward to jointly launching other innovative solutions in the near future, such as securities processing.”

Shun Watanabe, general manager of Serisys Japan, added: “We are also excited to add IWI’s strengths to jointly design and create unique solutions for Japan’s capital markets. Our experience with IWI over the last few years has shown us their constant commitment to innovation and customer service excellence in financial services. Now that our partnership covers the front office, messaging and middle office areas such as risk management and position keeping, together we are the natural choice for brokers, fund managers and exchanges in the region looking for IT solutions for the 21st century.”

Joint marketing and sales activity for Solace appliances will commence in Japan immediately.

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