Logica, a business and technology service company, is joining hands with TIBCO to roll out a new financial messaging solution. The new product will be based on Logica’s network independent messaging platform FASTWIRE Open. As per the partnership, Logica’s FASTWIRE Open hub will be combined with TIBCO’s business integration and messaging middleware technology TIBCO ActiveMatrix BusinessWorks and TIBCO Enterprise Message Service. The companies’ joint solution will be able to process more than five million messages per day on a single hub, significantly reducing banks costs. It will also provide value-added services, such as comprehensive transaction auditing, monitoring and reporting capabilities.

Click here for the release from Business Wire.