Munich, 3rd March 2022 – SHS Viveon AG (m:access ISIN DE000A0XFWK2 / WKN A0XFWK), solution provider of a modular platform for the digitalization of risk, credit and compliance processes, today announced its partnership with TIBCO Software Inc. as an OEM Partner under the new TIBCO Partner Program. TIBCO, a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes to solve the world’s most complex data-driven challenges. Leveraging TIBCO’s leading solutions, SHS Viveon is building the world’s first open platform for risk and compliance management. Giving organizations more agility, flexibility, and choice – automating their risk or compliance processes at scale within multi-hybrid cloud environments. Specifically in compliance management, the demand for an agile, open solution is dramatically increasing because of new regulatory requirements and a strategic shift of businesses worldwide to more sustainable partnerships. With the added flexibility of TIBCO solutions, SHS Viveon positions itself for long term growth in this attractive market.
“Being able to adapt quickly to changing market conditions and regulatory requirements is key for any organization, but specifically for risk and compliance leaders,” said Ralph Schuler, CEO, SHS Viveon AG. “With TIBCO technology, we’re raising the bar by radically reducing the time-to-market for new features and products from SHS Viveon. Together, we support our customers moving to a modern and innovative architecture for their risk and compliance processes that is highly scalable and flexible and will protect current and future investments.”
“At TIBCO, we’re dedicated to providing our customers with a comprehensive solution that connects their data to confidently make decisions in real time. This focus and dedication extends to our robust partner program,” said Tony Beller, senior vice president of worldwide partner ecosystems and OEM sales, TIBCO. “We’re better together and look forward to seeing our customers continue to benefit as our ecosystem expands.”
TIBCO continues to push the boundaries of innovation to deliver the best possible results for customers and partners, such as SHS Viveon. TIBCO’s solutions that connect anything, unify data, and predict outcomes will be available to SHS Viveon and its customers, and are frequently acknowledged as industry-leading by top analyst firms and users alike. Leveraging these solutions, SHS Viveon is building products that address the two most important challenges of organizations today: time-to-market and complexity of solutions Make faster, better and, above all, fully digital credit, limit and sales decisions based on the best possible information with SHS Viveon.
To become more agile, risk and compliance organizations are heavily dependent on IT support and investments. Moreover, in many industries IT infrastructure and tools need to be modernized, because maintenance and adoption of new technology have become too expensive to keep up with the demand of the digital, fast-paced economy of today. The SHS Viveon and TIBCO partnership addresses these issues. Leveraging TIBCO technology, SHS Viveon was able to cut implementation times for data connectors to credit rating agencies by 75% and deliver a customer integration to SAP S/4HANA in 50% of the projected time using TIBCO’s out-of-the-box integration tools.
About SHS Viveon
SHS Viveon’s mission is to significantly simplify the management of corporate financial and regulatory risks. The SHS Viveon platform enables risk, credit and compliance management teams to automatically identify, assess and mitigate risks in a flexible, digital process. It simplifies access to all relevant data from any system, automates processes, and improves analysis and simulation, enabling better business decisions. SHS Viveon was founded in 1991 and has been listed in the m:access segment of the Munich Stock Exchange since 1999.
ISIN DE000A0XFWK2 / WKN A0XFWK
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