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Compass Plus to Present TranzAxis at FinovateFall 2012

Published on 14 Aug 2012

Compass Plus has been selected to present its TranzAxis platform at FinovateFall 2012 held in New York City on Sept. 12 and 13. This marks the first time Compass Plus will present at Finovate.

The recently launched TranzAxis is the world’s first open development banking platform that covers the entire retail banking sector requirements. The solution provides a full set of application development tools (builders, designers, editors, debuggers, etc.), as well as a set of specialist components that assist in implementing more diverse applications in a given domain. For financial institutions seeking more control over the development of their products and services, TranzAxis is easily scalable to benefit institutions of any size that face continuously changing business requirements and provides efficiency, flexibility, faster product deployment and cost savings.

“We believe Compass Plus conveys the diversity of the Finovate conferences and embodies today’s dynamic financial technology landscape,” said Eric Mattson, CEO of Finovate. “As an established company with a long history, Compass Plus continues to bring innovative tools to the marketplace and solve financial institutions’ everyday challenges. We look forward to having them share the TranzAxis platform on the Finovate stage.”

“The Finovate conferences bring together some of the brightest minds in the financial technology industry,” said Maria Nottingham, chief marketing and public relations officer, Compass Plus. “We are eager to showcase our platform among an exclusive set of companies. With TranzAxis, financial institutions can make their banking platform their own, and we believe this will stimulate even more innovation and creativity in the retail banking sector whilst enabling financial institutions to streamline their business processes.”

Out of a very competitive pool of applicants, Compass Plus’ TranzAxis was selected as one of the 64 companies to conduct a seven-minute demonstration on the Finovate stage. Along with demonstrations, the two-day event features a trade show, press conference and networking sessions.