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Distra and Cisco Media Release

Wednesday, 14 September 2011
Distra and Cisco Media Release

Distra and Cisco Media Release

Atlanta, 15th September 2011

Today Distra, a payments software provider at the center of the transformation in global payments, released an innovative platform, running on Cisco Unified Computing System, that helps financial services firms not only respond, but move forward in capturing a larger portion of the more transformational payments process consumers and merchants are demanding without having to replace their mission critical systems.

Huge waves of change are rippling through the financial services world, with payments, a market that traditionally contributes close to $1trillion and nearly a third of bank revenues leading the charge.

Financial institutions approach traditional payments in a siloed manner, with outdated technology models comprised of propr ietary systems and software that have reached their limitations.

The capabilities delivered by these environments struggle to address new market demands for agile real-time payment transactions, integrated channels and a data rich exchange of information.

Please click here to read the full article.

Cisco and Distra Towergroup Whitepaper

Cisco and Distra have collaborated with Towergroup's Andy Schmidt to create a whitepaper, The Target State for Payments Infrastructure: Cheaper, Better, Faster, Stronger.
The Whitepaper focuses on the current state of payments and the search for stronger and more reliable payments infrastructure that addresses the needs of today's payments world.
Andy Schmidt looks at the direction at which banks and financial organisations should take in order to be able to accommodate the increasing demands to provide real time payments services to their customers.
Distra and Cisco have recently formed a partnership to offer a comprehensive payments solution to the market.

Please click here to read the full article.

Distra UPP Validated on IBM DB2

Distra is now officially validated on IBM DB2 after a number of benchmarking and certification tests were conducted on the IBM Power Series using the Distra Universal Payments Platform.

IBM DB2 Software offers industry leading performance, scalability and reliability. The validation represents a significant achievement for Distra and allows Distra to provide DB2 enhanced solutions to its customers

Please click here to read the full article.

SIBOS Toronto 2011

Distra partnered alongside complementary technology and services provider Cisco on the SIBOS stand this year. Sibos which was held in Toronto from the 19th- 23rd September presented an opportunity for Distra and Cisco to showcase our Comprehensive Payments Solution based around the Distra Universal Payments Platform and the Cisco Unified Computing System.

Distra and Cisco also launched our joint whitepaper, "The Target State for Payments Infrastructure: Cheaper, Better, Faster, Stronger". The launch generated interest from a number of delegates and analysts to our SIBOS stand.

Distra and IBM partnered together to host a networking event at a Toronto Blue Jays baseball game. Distra networked with IBM client executives from around the globe and a number of head banking executives and industry analysts.

Mike Aston introduced the night by linking baseball with the payments industry. "Speed, agility and real time processing capability are becoming prerequisites to winning the game, as is the ability to capture enriched data surrounding payment transactions."

The Blue Jays lost the game ag ainst the LA Angels, but the night was an overall success for Distra proving to be an imperative step in creating new opportunities and strengthening our relationship with IBM.

Please click here to read the full article.

Distra Sponsors the First Data Innovation Summit

Immediately after the week of SIBOS, Distra participated in the First Data Innovation Summit which was held in Texas from 26th-28th September.

Distra sponsored the event as a Silver sponsor with a booth showcasing the Distra Universal Payments Platform.