(PR NEWSWIRE) CheckFree Launches New Certified STP Partner Programme and Signs Linedata Servic
s
ATLANTA and LONDON, May 14 /PRNewswire-FirstCall/ -- CheckFree Software, a
division of CheckFree Corporation (Nasdaq: CKFR), today announced the launch
of its new Certified STP Partner (CSTP) programme. The Certified STP partner
programme has been designed to enable vendors to quickly integrate their
applications with the SWIFTReady Gold CheckFree TradeFlow TPM(TM) and
CheckFree MessageBroker(TM) financial messaging and workflow solutions. This
in turn will lead to a broader selection of globally enabled straight through
processing applications and more stable platforms, thus benefiting the
industry as a whole.
The programme is available to vendors offering complementary solutions in
the securities industry. The certification process includes connectivity
testing and verification of messaging protocols by CheckFree to ensure the
certified partner's application can successfully interface with CheckFree's
solution.
CFACS-certified STP partners will benefit from partner programme support
including:
* Verification of SWIFT and other messaging protocols
* Baseline compatibility and the metadata integration of partner
applications with CheckFree TradeFlow TPM and CheckFree MessageBroker
* Co-marketing incentives such as trade show visibility as a CFACS
partner and a CSTP programme emblem for marketing purposes
* Access to CheckFree's expert technical support, ongoing maintenance and
the assistance of a professional services team that is able to analyse
the impact of system upgrades, improvements or new features, and apply
integration expertise as a SWIFTReady Gold market leader
The CSTP programme will advance the industry by giving securities firms
who adopt CheckFree solutions and certified partner solutions confidence that
their technology choices will yield an effective, compatible STP
infrastructure.
Linedata Services first to join CSTP
CheckFree's first certified partner in the CSTP programme is Linedata
Services (LDS), a leading global supplier of financial services software
solutions. Within two weeks of joining the programme, CheckFree and Linedata
produced a successful proof-of-concept, interfacing LDS' Icon back-office
system with CheckFree MessageBroker, a component of TradeFlow TPM. The result
is a broader connectivity gateway for Icon users via SWIFT and other
international messaging standards. Says Peter Hudson, Head of Product
Marketing at LDS(UK): "The CSTP program enabled us to quickly prove the
compatibility of our two best-of-breed solutions. This joint solution now
gives our Icon customers global reach through MessageBroker, opening up new
markets and providing a seamless, de-risked STP production environment."
About Linedata Services
Linedata Services is a leading, global supplier of financial services
software, offering best-of-breed solutions for asset management, credit
finance and insurance and savings. Linedata's products are used in over 50
countries and by more than 350 of the world's leading financial firms. Our
suite of asset management products truly offers a full front to back office
solution. Linedata Services' Icon product is a complete back-office fund
management and administration solution, designed to manage and account for
securities and currencies in all types of funds and for all sizes of
institution. Icon's 'all-in-one' functionality spans real-time investment
accounting, portfolio valuation, collective investment pricing and
management/client reporting. Icon can be deployed by customers in a number of
ways depending on the degree of control and, particularly, Icon administration
they are comfortable with - fully In-House, Facilities Managed and ASP.
About CheckFree ( www.checkfreecorp.com )
CheckFree (Nasdaq: CKFR) is the leading provider of financial electronic
commerce services and products. Founded in 1981 and celebrating its 23rd year
in e-commerce, CheckFree is comprised of three divisions: Electronic Commerce,
Software, and Investment Services. CheckFree launched the first fully
integrated electronic billing and payment solution in 1997. In the quarter
ended March 31, 2004, more than 13 million consumers initiated online payments
through services offered by CheckFree's Electronic Commerce division.
Electronic billing and payment is available through more than a thousand
financial services organizations, including banks, brokerage firms, Internet
portals and personal financial management (PFM) software. At these sites,
consumers are able to electronically receive and pay essentially all the bills
most common to a U.S. household. CheckFree delivers 22.5 million e-bills each
quarter. CheckFree Investment Services provides a broad range of investment
management services to thousands of financial institutions nationwide. The
division's clients manage nearly 1.5 million portfolios totaling more than
$900 billion in assets. CheckFree's Software division provides solutions
through three operating units: CheckFree ACH Solutions, CheckFree Financial
and Compliance Solutions (CFACS), and CheckFree i-Solutions. CheckFree ACH
Solutions provides software and services that are used to process more than
two-thirds of the nation's nine billion Automated Clearing House payments,
while CFACS provides reconciliation, financial messaging, workflow and
compliance software and services to more than 600 organizations in the
banking, brokerage, investment management, insurance and credit card
industries, among others. CheckFree i-Solutions is the leading provider of e-
billing and e-statement software and services for both business-to-consumer
and business-to-business applications.
Certain of CheckFree's statements in this press release are not purely
historical, and as such are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. These include statements
regarding management's intentions, plans, beliefs, expectations or projections
of the future, including statements in this document regarding forecasts and
expectations of revenue and earnings per share for the fourth quarter of
fiscal 2004 (paragraphs 4 and 5). Forward-looking statements involve risks and
uncertainties, including without limitation, the various risks inherent in
CheckFree's business, and other risks and uncertainties detailed from time to
time in CheckFree's periodic reports filed with the Securities and Exchange
Commission, including CheckFree's Annual Report on Form 10-K for the year
ended June 30, 2003 (filed September 15, 2003), Quarterly Report on Form 10-Q
for the quarter ended September 30, 2003 (filed November 13, 2003), Quarterly
Report on Form 10-Q for the quarter ended December 31, 2003 (filed February
12, 2004), and Quarterly Report on Form 10-Q for the quarter ended March 31,
2004 (filed May 13, 2004). One or more of these factors have affected, and
could in the future affect CheckFree's business and financial results in
future periods, and could cause actual results to differ materially from plans
and projections. There can be no assurance that the forward-looking statements
made in this press release will prove to be accurate, and issuance of such
forward-looking statements should not be regarded as a representation by
CheckFree, or any other person, that the objectives and plans of CheckFree
will be achieved. All forward-looking statements made in this press release
are based on information presently available to management, and CheckFree
assumes no obligation to update any forward-looking statements.
SOURCE CheckFree Corporation
-0- 05/14/2004
/CONTACT: Media relations, Judy DeRango Wicks, +1-678-375-1595, or
jdwicks@checkfree.com, or Investor relations, Tina Moore, +1-678-375-1278, or
tmoore@checkfree.com, both of CheckFree Corporation/
/Company News On-Call: prnewswire.com /
/Web site: checkfreecorp.com /
(CKFR)
CO: CheckFree Software; CheckFree Corporation; Linedata Services
ST: Georgia
IN: FIN CPR MLM ECM
SU: PDT
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