Japan, October 1, 2020 – Solace, the modern enabler of real-time event-driven data streaming, has deepened its partnership with Intelligent Wave Inc. (IWI), a leading reseller and system integrator in Japan, to help Japanese financial institutions deliver seamless payment experiences for their customers.
“We are pleased to deepen our partnership with Solace to help modernize the payment processing systems for our customers, who provide mission-critical services in the financial services industry,” said Tsukasa Iseki, CEO, IWI. “By enabling smarter capacity planning and on-demand scaling, Solace’s messaging infrastructure brings about unparalleled performance and reliability to the payment systems of today.”
Solace has been working with IWI since 2013 to provide innovative IT infrastructure solutions for financial services organizations in Japan. To date, some of Japan’s leading banks, credit card providers and fintech companies have delivered real-time cashless transactions to their customers based on Solace’s messaging infrastructure. As more organizations enter the payments space, Solace and IWI will continue to provide a robust technological foundation to support the increase in demand for contactless transactions.
Solace and IWI’s partnership on payment processing builds on their existing long-standing collaboration to deliver Solace’s messaging infrastructure in Japan’s capital markets. As a leading systems integrator, IWI was able to easily transfer its implementation experience from securities to payments.
“Our partnership with IWI has helped established leaders modernize their existing systems and helped newcomers enter the payments market quickly. Consumers in Japan are the biggest benefactor as they can now better enjoy the convenience of cashless settlements,” said Kent Nash, general manager, Middle East, Asia Pacific & Japan, Solace. “We are thrilled to be working with a partner like IWI, which has a strong presence in the market. Japan is known to be a cash-loving population. Through our partnership, we hope to truly bring the benefits of a cashless economy to more consumers and encourage a higher adoption of such services.”
For over 30 years, IWI has built up trust in the market by providing, developing, implementing, and maintaining system infrastructure for mission-critical businesses. The online payment service sector has been their primary focus and keeps dominant share in the market in Japan since their heritage. IWI’s strength has been applied to the capital market sector where high volume, ultra-low latency, and accuracy are critical to keeping a solid presence in the market. IWI also holds proven expertise in the area of secure authentication, fraud detections and AI-based scoring. As the market goes into the digital era, IWI continues to invest in evolving their technologies and abilities to provide services and solutions to the broader market, under the corporate mission of “Provide safety and convenience for the information society of tomorrow.” IWI is a member of DNP (Dai-Nippon Printing) group, listed in Tokyo Stock Exchange (Section 1). Learn more at iwi.co.jp/en/.
Solace helps large enterprises become modern and real-time by giving them everything they need to make their business operations and customer interactions event-driven. With PubSub+, the market’s first and only event management platform, the company provides a comprehensive way to create, document, discover and stream events from where they are produced to where they need to be consumed – securely, reliably, quickly, and guaranteed. Behind Solace technology is the world’s leading group of data movement experts, with nearly 20 years of experience helping global enterprises solve some of the most demanding challenges in a variety of industries – from capital markets, retail, and gaming to space, aviation, and automotive. Established enterprises such as SAP, Barclays and the Royal Bank of Canada, multinational automobile manufacturers such as Renault and Groupe PSA, and industry disruptors such as Jio use Solace’s event broker technologies to modernize legacy applications, deploy modern microservices, and build an event mesh to support their hybrid cloud, multi-cloud and IoT architectures. Learn more at solace.com.
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