Shell and Speranza to Demonstrate TWIST Standard For Straight-through Processing

Speranza Systems is contributing to an emerging XML standard through the Transactions Workflow Innovation Standards Team (TWIST) that it hopes will impact large companies and banks around the world. Speranza and Shell Oil have developed a straight-through process that electronically streamlines the logistics of opening a bank account. The companies are offering a demonstration of this solution in the implementation process of a new standard on 20 August 2007.

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