HUB Alliance announces interoperation on the basis of TWIST standards


29th-August-2006


The Hub Alliance, the organisation that inter connects electronic data hubs, is pleased to announce that it will interoperate on the basis of TWIST standards and will accept messages from clients based on TWIST standards. Both the Hub Alliance and TWIST aim to close the gaps for automation in the physical and financial supply chain and to release the enormous value locked up in disjointed paper-based processes.

The Hub Alliance members, actively participate and are represented in the working groups for the development and maintenance of TWIST standards. The members will ensure that the TWIST standards can be kept in line with those currently used for the inter-connectivity for the thousands of documents already passing between buyers and sellers that use different service providers that are part of the consortium.

"One of the main aims of interoperability is to remove the barriers to adoption and to encourage the use of electronic data", said Neil Baker on behalf of the Hub Alliance, "In that respect, openness and ease of use are key ingredients, and we are pleased to support and endorse the TWIST standards as a means of making electronic trading easier for all their customers, thereby extending the marketplace. Open trading is then achieved at lower cost and in a shorter time."

Tom Buschman, Chairman of TWIST, commented: "The members of the Hub Alliance have already provided a significant contribution to the supply chain standards for ordering, invoicing and dispute management that were recently incorporated in the 3.0 release of TWIST. We welcome the continued commitment of the four consortium members. We are encouraged by the public commitment of the consortium members to apply the TWIST standards as the basis for interoperability between their platforms and their pro-active support for electronic communication with their customers based on our standards. This is a significant step towards the integration of wholesale electronic invoicing with electronic payments based on the XML standards developed by IFX, OAGi, SWIFT and TWIST under the ISO 20022 umbrella."

08th-January-2013

E-Trading Thought Leaders’ Forum


At a time when the political

13th-April-2010

Contractors Group – IT Group – Electronic Trading.


Contractors Group – IT Group – Electronic Trading.

22nd-January-2009

Hub Alliance Responds to European Challenge and Continues to Expand


The increasing challenge within the European Community to facilitate the widespread adoption of eInvoicing

01st-October-2007

BasWare Einvoices - newest member of Hub Alliance


BasWare Einvoices strengthens its participation in promoting e-invoicing and e-trading in Europe.

01st-May-2007

Bridging The Trade Divide


In their May 2007 ‘Market Overview’, International Banking Systems

01st-October-2006

Hub Alliance and banks explore synergies


The Hub Alliance, a grouping of four business exchange providers

29th-August-2006

HUB Alliance announces interoperation on the basis of TWIST standards


The Hub Alliance, the organisation that inter connects electronic data hubs

27th-February-2006

HUB Alliance Establishes Interoperability for e-Commerce Exchanges


Buyers and suppliers are now benefiting from process efficiencies and enhanced visibility

02nd-June-2005

Construction eTrading Hubs sign alliance to make electronic trading easier for all their customers


Companies across the UK Construction industry have been joining eCommerce