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TIBCO Software Inc.: National Banking and Securities Commission of Mexico Selects TIBCO to Increase Its Operational Efficiency

^{Published on 2009-10-13 05:17:45 - Market Wire}
 

PALO ALTO, CA--(Marketwire - October 13, 2009) - TIBCO Software Inc. (NASDAQ: [ TIBX ]) today announced that the National Bank and Securities Commission (CNBV) of Mexico has chosen to implement TIBCO's business process management (BPM) suite within its information technology (IT) environment. Using TIBCO's software, CNBV will be able to automate and capture a clear and concise view of operational processes to help increase operational efficiency and translate that understanding into action to adapt and respond to the demands of a constantly changing environment.

CNBV supervises and regulates all of the banking and certain financial entities nationally in Mexico as a result of which it manages a broad range of confidential data.

TIBCO iProcess™ Suite delivers a unified approach to BPM that enables the automation and optimization of any type of process -- from routine tasks to mission critical, long-lived processes that involve people, information, and applications across organizational and geographical boundaries. Built on an open architecture TIBCO's BPM suite provides a complete end-to-end process management solution that enables business experts to rapidly model, measure, and change processes to dynamically adapt to changing business scenarios.

"We are delighted that CNBV has chosen us to contribute to the improvement of its operational efficiency by means of the adoption and application of the technologies incorporated in TIBCO iProcess Suite," said Robin Gilthorpe, senior vice president, Americas Field Operations, TIBCO. "We are committed to helping our customers achieve the business agility and competitive edge that is necessary for success in today's economic climate. And the recent enhancements to our BPM software, which now bundles TIBCO Spotfire® analytics, bear testament to this dedication."

About TIBCO

[ TIBCO's technology ] digitized Wall Street in the '80s with its event-driven "Information Bus" software, which helped make real-time business a strategic differentiator in the '90s. Today, TIBCO's infrastructure software gives customers the ability to constantly innovate by connecting applications and data in a service-oriented architecture, streamlining activities through business process management, and giving people the information and intelligence tools they need to make faster and smarter decisions, what we call The Power of Now®. TIBCO serves more than 3,000 customers around the world with offices in more than 20 countries and an ecosystem of over 200 partners. Learn more at [ www.tibco.com ].

TIBCO, TIBCO Software, The Power of Now, TIBCO iProcess Suite and TIBCO Spotfire Analytics are trademarks or registered trademarks of TIBCO Software Inc. and its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.