[November 14, 2012]

SEEBURGER Taps Derek Schwartz to Head Financial Services Business Unit

Global business integration software provider SEEBURGER today announced the appointment of Derek Schwartz to serve as Senior VP Financial Services, with responsibility for assisting banks, corporate finance departments, treasury management operations, insurance companies and other financial services organizations in leveraging SEEBURGER's widely adopted business integration technology to meet their secure data transmission needs. Schwartz most recently served as VP Sales, Global Financial Services at Axway and has more than 20 years of experience in the global technology industry.

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The appointment highlights a SEEBURGER initiative to increase financial services community awareness of the company's 26 years as a leading provider of business integration solutions; the competitive advantages of utilizing the SEEBURGER Business Integration Suite (BIS) to securely exchange sensitive data such as payments, securities, regulatory data and interbank transactions; and the ability of the BIS platform to solve the business integration challenges faced by financial services companies and departments today.

BIS advantages include a single unified platform that seamlessly integrates managed file transfer with B2B and enterprise application integration; 100% in-house development of allcomponents to avoid interoperability problems caused by acquisition of third-party solutions; a built-in BPEL engine that enables complex workflow and process orchestration; and integrated governance with the ability to automatically alert compliance departments to transactions that violate pre-defined rules.

These features and others - notably including BIS' uptime record and rapid throughput performance - can aid the financial services industry in both improving customer service and ensuring compliance with strict regulatory enforcement policies. The platform also helps meet objectives such as reducing friction in the partner community and building value-added services across multiple business lines and geographies.

The SEEBURGER quality record is backed by more than two decades of successful deployments in thousands of enterprises in industries including manufacturing and automotive, CPG and retail, and high-tech and electronics. That record and BIS' robust feature set have also spurred banks in both the U.S. and Europe to replace their legacy business integration systems with the SEEBURGER platform.

"Financial services enterprises today face critical integration, quality and migration challenges with their business integration platforms that are prompting aggressive searches for alternative solutions," said Schwartz, who is also a Certified Public Accountant and has financial services technology experience spanning Canada, United Kingdom, Europe, Middle East and South Africa. "I joined SEEBURGER because it has the most comprehensive and robust platform I have found for solving these problems, simplifying compliance, reducing risk, and providing policy-based management and governance - all with a common integration engine and graphical interface that also streamline the IT infrastructure."

For more information on the benefits of the SEEBURGER BIS for the financial services industry, visit http://www.seeburger.com/finance-insurance.html or download "SEEBURGER Solutions for Financial Services & Insurance Companies" at http://www2.seeburger.com/l/2772/2012-11-05/n83bx/2772/64747/Brochure_EN_Financial_Services_4.2012.pdf

About SEEBURGER

SEEBURGER is a global provider of business integration and secure managed file transfer (MFT) solutions that streamline business processes, reduce operational costs, facilitate governance and compliance, and provide visibility to the farthest edges of the supply chain to maximize ERP effectiveness and drive new efficiencies. All solutions are delivered on a unified, 100% SEEBURGER-engineered platform that lowers the total cost of ownership and reduces implementation time. With more than 25 years in the industry, SEEBURGER today is ranked among the top business integration providers by industry analysts, serves thousands of customers in more than 50 countries and 15 industries, and has offices in Europe, Asia Pacific and North America. For more information, visit www.seeburger.com or blog.seeburger.com/

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