IFX Forum ELECTS DIRECTORS AND officers at 2008 annual meeting in SANTA CLARA, CALIFORNIA, USA
WAKEFIELD, Mass. – May 20, 2008 – At its recent 2008 Annual Meeting, the Interactive Financial eXchange www.ifxforum.org Forum member companies' representatives re-elected Richard DuVall of ACI Worldwide and Mark Tiggas of the Wells Fargo Company to its Board of Directors, to terms that expire in 2011.
The new Board went on to re-appoint President Richard P. Urban and re-elect Chairman Richard DuVall, Treasurer Lee Hou of Fidelity National Information Services, and Secretary Mark Tiggas.
The IFX Forum is an international not-for-profit industry association whose mission is to develop IFX and promote its adoption as an open, interoperable standard for financial data exchange. The group's 2008 Annual Meeting took place April 16 in Santa Clara, California, hosted by Sun Microsystems.
"I would like to express my thanks to the IFX Forum Board for their continued confidence in my leadership," said Urban. "The year ahead promises to be a very interesting year, as we celebrate our 10-year anniversary and move IFX 2.0 onto its launching pad."
As is customary for an IFX Forum face-to-face meeting, the Santa Clara gathering featured intense hands-on collaborative sessions for the Forum's three active Working Groups: ATM-POS, Branch Banking Services, and Business Banking. Additional days were devoted to architectural considerations for IFX 1.8 and 2.0. The Forum's Steering Committee also met to discuss and advance the group's business plans.
A feature of the four-day gathering was an "Introduction to IFX" session, which was attended by a number of representatives of new Forum members.
About the IFX Forum
Founded in 1997, the Interactive Financial eXchange (IFX) Forum is an international not-for-profit industry association whose mission is to develop IFX and promote its adoption as an open, interoperable standard for financial data exchange, suitable for use by all sectors of the financial services industry. The IFX Forum also promotes interoperability of industry standards by working cooperatively with other standards organizations and consortia.
Forum membership is open to organizations interested in contributing to the development of open financial standards. Forum members include financial institutions, hardware, software and service firms, and related non-profit groups. The IFX Forum is currently organized into the following Working Groups: ATM/POS; Branch Banking Services; Business Banking; Electronic Bill Presentment & Payment; and Web Services. IFX Forum Working Groups, in concert with an Architecture Committee to coordinate their efforts, develop open Internet-compatible messages for all sectors of the financial services industry. To learn more about IFX Forum standards or the benefits of IFX Forum membership, please visit http://www.IFXForum.org.
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