CIBC rolls out Marketware's transaction services platform

Press Release:: 15 September 2004

The Canadian Imperial Bank of Commerce (CIBC) Investors Edge Discount Brokerage has selected Marketware International's Transaction Services Platform (TSP) as a middleware solution providing common-platform access into CIBC's back-office provider and order processors.

The TSP product utilizes the latest technologies such as Web Services and the Microsoft .Net framework to provide a single platform on which users can access diverse applications including third-party products, internal systems, and back office information.

TSP Web Services can offer seamless interface with several back-end vendors while achieving significant performance gains. TSP may be considered a back-end agnostic application and facilitates tighter integration between business processes.

"We are extremely proud of our growing relationship with CIBC, and of our ability to deliver real value to their operations in North America," said Jose Pierre, CEO, Marketware International.

Marketware has developed state-of-the-art online transaction processing systems and client/server financial applications for the largest banks and brokerages since 1995. Marketware is available to support companies in the creation of essential solutions to diverse strategic and tactical challenges. Marketware has earned its slogan "We're Already There!" by providing the right technology infrastructure in the form of interconnecting gateways and online capabilities to service a multitude of accounts every day performing hundreds of thousands of trades - and growing.