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March 01, 2004 (2:38 PM EST)

WebMethods Unveils Software For Financial Services

WebMethods Unveils Software For Financial Services

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Infrastructure software vendor WebMethods Inc. on Monday unveiled four products tailored for the financial services industry.

Each product is a framework for addressing business operations associated with banking, insurance or securities. The activities include operational management, customer relationship management, risk management and regulatory compliance, and product and services.

Each framework consists of a roadmap that highlights products and services needed to address each of the financial operations, officials with the Fairfax, Va., company said.

"By leveraging webMethods' Excellence Frameworks for financial services, these institutions will be able to ensure that their systems are always up and running and that the decision-makers are able to monitor and manage business processes in real-time," Ian Warford, director of global financial services for WebMethods, said in a statement.


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