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UnboundID Joins TM Forum to Expand Service Provider Opportunities in Identity EconomyAUSTIN, Texas --(Business Wire)-- UnboundID, a leading platform provider for identity services solutions across cloud, mobile and social applications, today announced that it has joined TM Forum, a global, non-profit industry association focused on enabling service provider agility and innovation. As a member of TM Forum (News - Alert), UnboundID plans to help service providers recognize the asset value they own in identity data as well as help them develop ways to monetize this asset through identity services. "We are pleased to welcome UnboundID (News - Alert) to the TM Forum," said Martin Creaner, president and CEO, TM Forum. "Whether it's introducing new services, rationalizing existing systems or transforming business operations, the TM Forum provides a unique, fair and safe environment for the entire value chain to collaborate on pressing industry issues. We look forward to helping UnboundID gain the flexibility and speed they need to underpin future growth and reach their strategic goals." Becoming a member of TM Forum gives UnboundID the opportunity to collaborate with 90 percent of the world's largest service providers, all of which have adopted TM Forum's Frameworx. Frameworx is a suite of standards that provides the blueprint for effective business operations, enabling service providers to assess and improve performance by using a proven, service-oriented approach to operations and integration. As a member of the TM Forum, UnboundID will benefit from TM Forum's Frameworx suite of best practices and standards, and enable service providers to leverage existing and real-time identity information to develop ecosystems for securely sharing identity data through cloud, social and mobile networks and platforms. Said UnboundID CEO and Founder Steve Shoaff (News - Alert): "Our aim at UnboundID is to help companies increase average revenue per customer while significantly lowering their costs for service and application delivery. Joining TM Forum and implementing a Frameworx strategy is a natural fit for us. We plan to play an influential role in developing solutions to greatly expand opportunity in the Identity Economy, and we can help identify best practices for managing identity data to help service providers unlock new revenue streams." To learn more about UnboundID and its identity services platform, visit www.unboundID.com. About TM Forum TM Forum is a global, non-profit industry association focused on enabling service provider agility and innovation. As an established thought-leader in service creation, management and delivery, the Forum serves as a unifying force across industries, enabling more than 900 member companies to solve critical business issues through access to a wealth of knowledge, intellectual capital and standards. The Forum provides a unique, fair and safe environment for the entire value-chain to collaborate and overcome the barriers to a vibrant, open digital economy, helping member companies of all sizes gain a competitive edge by enabling efficiency and agility in their IT and operations. For more information about TM Forum, visit www.tmforum.org. About UnboundID Corp. UnboundID is a leading platform provider for identity services, enabling companies to dynamically manage, protect, and share customer data in real-time across cloud, mobile and social applications. UnboundID solutions help companies increase average revenue per customer while significantly lowering their costs for service and application delivery. UnboundID is a privately held company based in Austin, Texas, and is funded by Silverton Partners and OpenView Venture Partners. For more information, visit www.unboundID.com. UnboundID is a registered trademark of UnboundID Corp. All other company and product names mentioned are used only for identification and may be trademarks or registered trademarks of their respective companies.
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