Xignite and JackBe Partner to "Mashup" Financial Web Services with Leading SOA Development Platform

June 18, 2007; 05:32 AM
Xignite, the leading pure-play provider of financial web services for mission-critical corporate applications, and JackBe Corporation, the premier provider of Enterprise Web 2.0 infrastructure solutions that combine Service Oriented Architecture (SOA) and Ajax to create Enterprise Mashups and Rich Enterprise Applications (REA), today announced a joint solution that provides speed and flexibility for the development and deployment of web-based “mashup” applications. The solution combines both companies’ expertise and strengths to demonstrate the ease of integrating financial web services within a dynamic SOA environment, and to allow businesses to realize the full benefit of building a flexible IT infrastructure with SOA.

Xignite and JackBe are exhibiting their joint solution at the Securities Industry & Financial Markets Association (SIFMA) Technology Management Conference 2007, held at the Hilton New York hotel in New York City. To learn more about the demo solution, visit Booth #1738, between June 19 and 21, at the conference. Exhibits-only registration is available free online.

In this collaborative solution, JackBe has built a dynamic, user-configurable “mash-up” web application that consumes Xignite financial web services to support the critical time-to-market demands of financial services analysts and decision-makers. The demo solution is suited for financial institutions which specialize in investment research and asset management.

“As the development leader in enterprise mashups, JackBe opens a new and important development channel for wider adoption of financial web services,” said Stephane Dubois, CEO of Xignite. “The JackBe platform lets financial institutions build and deploy rich web applications that truly address the needs of the business in just a few clicks. This is an old IT promise that was never delivered, but that the power of the JackBe platform combined with the breadth and depth of our financial web service catalog finally make possible.”

“Xignite is a rich and broad financial market data provider with a unique catalog of on-demand web services,” said John Crupi, CTO of JackBe. “Their capabilities align perfectly with our strategy to provide the most robust, service-rich SOA platform possible to the financial services marketplace. Our application developer can build complete enterprise ‘mashup’ applications from the ground up, then scale financial functionality to more users than ever before.”

About JackBe Corporation

JackBe is the industry leader in Enterprise Web 2.0 software infrastructure that combines SOA and Ajax with governance, reliability, and user empowerment to optimize business activity. The company’s flagship product, the Presto REA platform, enables enterprises to increase revenue and profits by improving the usability of their Web applications while leveraging their investments in creating SOA services and data. Headquartered in Chevy Chase, Maryland, JackBe’s satisfied clients already include more than 45 industry leaders worldwide supporting more than 4 million end users. Customers include Citigroup, McKesson, Tupperware, Sears, NutriSystem, Forbes, and the U.S. Defense Intelligence Agency. The company's deployments and deep expertise span the financial services, government, e-commerce and telecommunications sectors.

About Xignite

Xignite (pronounced “x-ignite”) is the leading pure-play provider of financial web services for mission-critical corporate applications. As a pioneer in the field, Xignite offers the broadest integrated suite of financial web services available today on an on-demand platform, with more than 35 solutions covering market quotes, news, corporate data, industry information, analytics, tools and more. Xignite powers mission-critical applications for portfolio management, sales management, trading, investor relations, corporate portals, executive dashboards, analytical engines and more. Xignite serves more than 220 clients, including Ameriquest, GE Commercial Finance, Goodyear, ING, McDonald’s, Marsh & McLennan, Starbucks, and Wendy’s.