First up to the stage after lunch, Compass Plus demoed TranzAxis, an open application platform:
“TranzAxis is a specialist, integrated open development banking platform (ODBP) created for the development and support of cards and payments, transaction switching, retail banking and other systems and applications in the domain linked to the automation of retail banking activities. It offers the user a full set of application development tools (builders, designers, editors, debuggers etc.), as well as a set of specialist components that may be required in implementing diverse applications in the given domain.Unlike traditional application systems, TranzAxis can be used to build all-scale systems made up of closely integrated, yet independently developed applications.”
Product Launched: 2011
HQ Location: Weston, FL
Company Founded: 1989
Metrics: Compass Plus employs 350 professionals in nine offices across the globe, 150 of which are in R&D. We are a privately owned company, organically grown with no need for outside investment. We have 120+ customers (retail banks, processors, national switches, third party personalizers) across 31 countries. Two of our retail banking customers use TranzAxis in live production.
Website: compassplus.com
Twitter: @Compass_Plus
Finovate demo video: finovate.com/fall12vid/ (demo video will be posted next week)
Introducing Maria Nottingham (CMO) and Anthony Genovese (VP Consulting)