TIBCO And Reuters Develop STP Solution For BNP Paribas Securities Services
Reuters and TIBCO Software Inc. have signed a strategic agreement with BNP Paribas Securities Services, the pan-European provider of securities services. Under the terms of the agreement, BP2S will deploy TIBCO ActiveEnterprise to assist the bank achieve Straight Through Processing. TIBCO ActiveEnterprise is a comprehensive line of EAI products that automate business processes and lower total cost of ownership by creating an integrated network of applications, databases and information. Reuters will work with the bank to implement the architecture.