WAKEFIELD, Mass. — At its recent 2008 Annual Meeting, the Interactive Financial eXchange Forum member companies' representatives re-elected Richard DuVall of ACI Worldwide and Mark Tiggas of the Wells Fargo Company to its board of directors. Their terms will 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 with the mission of developing IFX and promoting its adoption as an open, interoperable standard for financial data exchange. The group's 2008 Annual Meeting took place April 16 in Santa Clara, Calif., hosted by Sun Microsystems.
"I would like to express my thanks to the IFX Forum Board for their continued confidence in my leadership," Urban said. "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.
