Software Solutions at the Heart of Your Financial Value Chain

IdenTrust Announces Partnership with XRT

Provides XRT Customers with Powerful and Internationally Recognized Authentication Solutions to Reduce Risk and Streamline Global Commerce

Boston, MA – Sibos 2007 – October 1, 2007 – IdenTrust, Inc., a leader in trusted identity solutions, today announced a partnership with XRT, which provides treasury management solutions that cover the financial value chain. This partnership is based on XRT Business Exchange, a Web-enabled solution that securely and dynamically exchanges financial data between a company's information systems and its banking and trading partners. XRT is enabling its customers to use IdenTrust certificates, delivering new levels of flexibility and trusted electronic communications to its corporate customers.

Starting in October 2007, XRT customers using XRT Business Exchange, which is designed for large and international groups, can leverage IdenTrust certificates to gain non-repudiation and liability limitation assurance, which is critical for corporate customers to minimize their exposure to risk. Additionally, IdenTrust’s solutions help corporate users to create legally-compliant audit trails that include e-mail communications and attachments for specific applications. IdenTrust certificates will help to raise the level of trust assurance while simplifying authentication among participating XRT bank customers and automating many treasury workstation processes.

“Global-scale treasury management requires an added level of trusted communications with vetted customers, partners and suppliers,” said Jean Beaufort, General Manager for XRT. “XRT plays an integral role in streamlining international transactions, and we have built our success by providing innovative solutions that help our global customers manage complex transactions easily and reliably. Our partnership with IdenTrust extends this commitment by delivering powerful new capabilities that validate and audit transactions across the globe, without incurring additional complexity.”

For corporations, opening and maintaining bank accounts across multiple financial institutions and multiple currencies is cumbersome, time consuming and costly. Corporate treasury departments must use manual processes with their banks to change the signatories and delegation authority on multiple bank accounts. Variations in regulations across borders and the challenges of coordinating employees in multiple locations responsible for these actions add further complexity to the corporate treasury function. Using an IdenTrust bank-issued digital certificate – which is accepted across all member financial institutions and complies with TWIST standards – simplifies and accelerates treasury management. IdenTrust provides a legally interoperable infrastructure for authenticating and validating identities worldwide.

“Trusted, verified electronic commerce and communications underpin growth in today’s global business economy,” said Andrea Klein, Chief Marketing Officer for IdenTrust, Inc. “We look forward to working closely with XRT to deliver identity authentication solutions that seamlessly support international commerce and are legally recognized across the globe.”

About XRT
With more than 20 years of expertise, XRT creates innovative treasury management solutions that are used by more than 6,000 enterprises in 55 countries. XRT solutions have a value–centered approach to working capital management and cover all areas of the financial value chain: cash flow, liquidity, risk, collections, payments and financial communication. XRT Business Exchange is a secured universal exchange platform to enter, transfer, validate, route, convert and share financial information, and offers control and security procedures in compliance with Sarbanes-Oxley and new international recommendations. XRT was named the “Best Treasury Management Software” in 2005, 2006 and 2007 by Global Finance Magazine. Eurolist Paris Section C, ISIN: FR0000054587. XRT is a subsidiary of SAGE group. For more information: www.xrt.com

About IdenTrust
IdenTrust is a leader in trusted identity solutions, recognized by financial institutions, government agencies and businesses around the world. IdenTrust enables organizations to effectively manage the risks associated with identity authentication. The only bank-developed identity authentication system, IdenTrust provides a legally and technologically interoperable environment for authenticating and using identities worldwide. The IdenTrust Trust Infrastructure is predicated on a proprietary framework that combines policies, legal framework, trusted operations and technology (P.L.O.T.) to create a comprehensive environment for issuing trusted identities. IdenTrust is the only company to provide a solution incorporating all four of these elements. Customer agreements are valid, binding and enforceable in more than 175 countries. IdenTrust identities are globally interoperable under uniform private contracts recognized in countries around the world. Additionally, the IdenTrust Trust Infrastructure maintains the privacy of each and every transaction processed by reading only digital certificate information, not the message itself. For more information, visit http://www.identrust.com.

PR Contact IdenTrust
Mary Tobin
O’Keeffe & Company
503-658-7396
mtobin@okco.com

PR Contact XRT
Les Lutins d'la Com
Véronique PIGOT
Tél. : 01 46 49 18 20
email : veroniquep@leslutins.fr

<<< Back