iWay Software and UBM Global Trade Partner to Automate Legacy Processes for More Efficient Business

NEW YORK, NY--(Marketwire - Feb 8, 2012) - iWay Software from Information Builders, an innovator of enterprise integration solutions, today announced that UBM Global Trade, a worldwide provider of proprietary data, news, and other content supporting the commercial shipping industries, selected the company's technology to automate its data feed digestion and load process. Through the partnership, UBM Global Trade is driving a fundamental re-engineering of its core business to make internal processes more effective and ultimately better serve its client base.

Operating out of Newark, New Jersey, UBM Global Trade provides its PIERS product subscribers with critical business intelligence (BI) to support their trade activities across international supply chains, with a focus on the commercial maritime, rail, trucking, warehousing, and logistics industries. This raw data is gleaned from numerous sources and comes to UBM GT in different formats, necessitating that the company standardize and process the data before loading it into its database and distributing it to subscribers. Prior to working with iWay, this was an extremely time-intensive process, involving numerous steps and requiring manual data input throughout the feed digestion and load cycle. With the new partnership, UBM is automating the entire process, reducing both the time it takes to integrate data from disparate sources and distribute the information to its clients.

UBM successfully instituted the solution on part of its process workflow and plans to extend the implementation throughout its shipping network. The new model enables UBM to efficiently arm its subscribers with the business insights they need to do their jobs effectively and maintain their position in competitive marketplaces. UBM chose to partner with iWay on the project because of the company's breadth of offerings and flexible solution set.

"There is a staggering amount of data involved in the commercial shipping industry and organizations are increasingly clamoring for real-time access to this information," said Nathan Tableman, vice president of Technology for UBM GT. "Through UBM's partnership with iWay, we're ensuring that our clients get the intelligence our systems provide as quickly as possible by automating our internal processes end to end. The results from our initial rollout underscore that this solution is meeting a critical business need, and I'm confident our subscribers will reap significant benefits from this new model."

"At iWay, we're familiar with the challenges associated with integrating data from disparate sources," said Gregory Dorman, general manager of iWay Software. "By implementing our technology, UBM will free up manpower associated with manual data entry and also ensure greater overall data quality. In today's increasingly competitive market, this will be a key critical differentiator for the company and we're honored to play a part in the endeavor."

About UBM Global Trade
PIERS is the most comprehensive database of U.S. waterborne trade activity in the world, providing information services to thousands of subscribers globally. Launched more than 35 years ago, PIERS was the first venture in digital global trade intelligence and quickly became the industry standard for accuracy, reliability, and insight. Our unique infrastructure and proprietary technology allow us to not only publish import data, but also complete coverage of U.S. export transactional data. http://www.piers.com.

UBM Global Trade is composed of PIERS, The Journal of Commerce, JoC Exchange, JoC Sailings, and a series of shipping Events. For more information on our activities please visit http://www.ubmglobaltrade.com.

UBM Global Trade is a subsidiary of UBM plc, a leading global business media company, which markets and brings the world's buyers and sellers together at events, online, in print, and provides them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries is organized into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM news.

About iWay Software
iWay Software's integration methodology is simple: it uses a single, integrated set of graphical design tools to assemble powerful pre-built components for enterprise-class business-to-business (B2B) integration, business process automation (BPA), or enterprise information management (EIM) integration scenarios -- without the use of custom code. Integration configurations can be deployed in a stand-alone manner to any environment supporting a JVM -- or to web application servers from any vendor. iWay delivers the fastest, most cost-effective, and simplest way to integrate and streamline critical business processes. iWay Software's vendor-, platform-, and protocol-neutral solutions achieve the promise of SOA: true reusability.

About Information Builders
Information Builders provides software and services that bring smarter decision-making and streamlined processes to leading organizations in business, government, and education worldwide. The company's software is installed in tens of thousands of locations, servicing millions of users. Its WebFOCUS business intelligence (BI) platform delivers massively scalable information applications, analytics, and customer-facing portals to the new generation of information users to deliver game-changing business results. Its iWay Software integration platform allows enterprises to leverage all of their information resources to streamline internal and business-to-business processes while escalating the overall accessibility and integrity of information regardless of environmental complexity. Headquartered in New York City with 60 offices worldwide, the company employs 1,350 people and has established significant industry partnerships. Visit Information Builders at informationbuilders.com. For ongoing news, go to informationbuilders.com/new or follow Information Builders at @infobldrs.