New Era of Networks Inc. said its software for enterprise application integration, or EAI, has been incorporated in Depository Trust Co.'s DTC TradeSuite product line.
TradeSuite, which provides straight-through processing of transactions, was demonstrated at the Society for Worldwide Interbank Financial Telecommunication's recent SIBOS '98 conference in Helsinki, Finland.
The New Era "technology is an important feature of our new communications infrastructure," said Depository Trust executive vice president Robert J. McGrail. MQIntegrator and Neon Integration Libraries aid the bank "in supporting the move toward shorter settlement cycles and providing current and new users with the opportunity to reduce risk and gain substantial efficiencies."
New Era of Networks, known as Neon, said its products can make straight- through processing systems easier to integrate, maintain, or change than in past implementations.