SUNNYVALE, CA, February 23, 2006 –Ariba®, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today announced that it has received an updated WebTrust Seal of Assurance for Security, Availability, Processing Integrity and Confidentiality. The seal was issued following a thorough, independent examination by global professional services firm KPMG, and covers the Ariba Supplier Network™, Ariba Sourcing™ and Ariba Analysis™. Ariba received its first WebTrust seal in 2001.
“With millions of dollars in business conducted on our platform each day, it is critical that we maintain the highest levels of availability and security,” said Dan Grillo, Director of Hosting Services, Ariba. “Receiving the WebTrust seal for both the Ariba Supplier Network and our sourcing applications validates our commitment to providing customers with quality solutions they can trust on a round-the-clock basis, and is a testament to the deep competency of our global operations team.”
A joint effort of the American Institute of Certified Public Accountants (AICPA) and the Canadian Institute of Chartered Accountants (CICA), the WebTrust program provides a set of globally recognized standards designed to address consumer and business concerns over the privacy and security of information exchanged online. To earn a WebTrust seal, e-commerce providers must demonstrate that their systems are protected from unauthorized access and use, are available as intended, process transactions and data as intended and maintain the confidentiality of member data and information.
There are more than 120,000 registered suppliers on the Ariba Supplier Network, where they are able to conduct business with their trading partners. In addition, hundreds of companies leverage Ariba’s sourcing applications to effectively manage their spend.
“As the number of companies conducting business online grows, it is imperative that solution providers take aggressive measures to protect the privacy and security of customer and corporate data,” said Tim Minahan, Chief Services Officer at Aberdeen Group, the leading provider of fact-based research and advice for the global technology-driven value chain. “In maintaining its WebTrust seal for the Ariba Supplier Network, Ariba has demonstrated its continued compliance with a globally recognized set of industry standards and diligence in maintaining effective controls. In addition, in earning certification for its on-demand sourcing solutions, the company is leading the way in the development of best practices related to the secure delivery of software as a service.”
About Ariba, Inc.
Ariba, Inc. is the leading provider of Spend Management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com.
Source: Ariba
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