[May 30, 2006] Reuters, the Global Information Company, Selects IONA for SOA Enablement; Reuters Financial Software is using Artix to SOA enable their Kondor+ trade and risk management system Tweet DUBLIN, Ireland & WALTHAM, Mass. --(Business Wire)-- May 30, 2006 -- IONA(R) Technologies (NASDAQ: IONA), a world leader in high-performance integration solutions for mission-critical IT environments, today announced that Reuters Financial Software, a subsidiary of Reuters, the global information company, has selected Artix(TM), IONA's extensible Enterprise Service Bus (ESB), to implement a Service Oriented Architecture (SOA) into its industry leading Kondor+ trade and risk management system which will be delivered to more than 600 customer sites worldwide. By incorporating Artix's distributed, standards-based architecture, Reuters has enhanced the flexibility of its Kondor+ application and made easier its integration into customers' existing IT infrastructure. Equally important for Reuters' customers are the load-balancing and high availability capabilities of Artix and the ability to seamlessly expose business logic as Web services across the Kondor+ back-end infrastructure. "As a market leader in this domain, it is critical that we invest in product enhancements and latest technology that provide the highest level of flexibility and directly respond to our customers' needs," said Karen Schuppe, Head of Product Strategy at Reuters Financial Software. Following an extensive industry review, Reuters selected IONA's Artix ESB for its ability to securely support the broadest set of heterogeneous platforms with a highly extensible and dynamic plug-in architecture. The integration of Artix into Kondor+ version 3.0 was released to Reuters beta testing customers at the end of March 2006. The new technology builds a base from which advanced multi-entity services are offered to Reuters' customers. "We had to ensure that the SOA enablement of Kondor+ would seamlessly connect our customers' back-end infrastructure with our new Web services based interfaces. In addition, Artix is technically robust and unique in its ability to securely support multiple platforms and protocols without requiring extensive re-engineering," added Remi Rabanel, Reuters Product Manager Global Architecture Risk Products. "Reuters Financial Software has established an enviable position as a market leader for applications that run the world's most complex and secure trading floor systems," said Peter Zotto, CEO, IONA Technologies. "Timely and reliable product enhancements that meet specific customer demands are central to protecting that leadership position. Our products are designed to help customers modernize their IT systems to respond to new market dynamics quickly and cost effectively. This is IONA's heritage, and coupled with our technical leadership and reputation for innovation, has made us a reliable partner to Global 2000 companies." About IONA For more than a decade, IONA(R) Technologies (NASDAQ: IONA) has been a world leader in delivering high-performance integration solutions for Global 2000 IT environments. IONA pioneered standards-based integration with its CORBA-based Orbix(R) products. Artix(TM), IONA's extensible Enterprise Service Bus, enables existing enterprise systems to be integrated with an organization's common infrastructure components. IONA's sponsorship of the ObjectWeb Celtix open source ESB is a natural extension of the company's history of solving integration problems by leveraging open standards and distributed architectures. IONA is headquartered in Dublin, Ireland, with U.S. headquarters in Waltham, Massachusetts and offices worldwide. For additional information about IONA, visit our Web site at http://www.iona.com. About Reuters Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 15,300 staff in 89 countries, including staff from the acquisition of Telerate in June 2005. It also includes 2,300 editorial staff in 189 bureaux serving 128 countries, making Reuters the world's largest international multimedia news agency. In 2005, Reuters revenues were GBP 2.4 billion. IONA, IONA Technologies, the IONA logo, Orbix, High Performance Integration, Artix, Mobile Orchestrator and Making Software Work Together are trademarks or registered trademarks of IONA Technologies PLC and/or its subsidiaries. CORBA is a trademark or registered trademark of the Object Management Group, Inc. in the United States and other countries. All other trademarks that may appear herein are the property of their respective owners. [ Back To TMCnet.com's Homepage ]