This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Informatica And Ultimate Software Expand Relationship To Make HCM Connectivity Easier And More Cost-Efficient

Stocks in this article: INFA

REDWOOD CITY, Calif., March 13, 2013 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq:INFA), the world's number one independent provider of data integration software, today announced that it is expanding its relationship with Ultimate Software, a leading cloud provider of people management systems, to make human capital management (HCM) data connections available as a self-service solution for Ultimate customers.

The planned capabilities build on the success of the UltiPro Carrier Network (UCN).  Delivered in 2012 leveraging the Informatica B2B Data Exchange and other components of the Informatica Platform, the UCN now offers more than 100 packaged connectors to benefits carriers and other third-party solutions that are key to people management.

The two companies plan to implement Informatica Cloud data integration to provide UltiPro customers with visual tools for creating, deploying and managing secure data connectors in the Cloud.

"We are taking our partnership to the next level by embedding Informatica Cloud's integration Platform as a Service (iPaaS) into UltiPro to provide self-service data access to their 2,500 customers," said Juan Carlos Soto, senior vice president and general manager, Cloud Integration, Informatica. "Our partnership with Ultimate demonstrates how cloud integration is increasingly a strategic differentiator for SaaS providers across a number of market segments to enable their customers to unlock the potential of their data and rapidly expand solutions available as cloud services."   

Ultimate Software's UltiPro HCM solution manages more than 10 million employee records across more than 2,500 organizations worldwide. Its people management solutions enable organizations to optimize their human capital management cycle - from recruitment to retirement. Ultimate's UltiPro combines HR, payroll and talent management in a single solution that seamlessly connects people globally with the information and resources they need to work more effectively.

Part of Ultimate's program to accelerate cloud integration of HCM across the business ecosystem, the new UltiPro Carrier Network now has more than 100 connectors to third-party organizations and applications in place. In partnering with Informatica to power the UltiPro Carrier Network, Ultimate is able to provide customers with flexible, pre-built cloud integration templates that accelerate and simplify connectivity with medical, dental, vision and other benefits providers, as well as with other third parties.

"For the HR organization, integration is a business decision, not an IT project," said Adam Rogers CTO, Ultimate Software. "In partnering with Informatica, we are making it easier, faster and less costly for customers to collaborate and integrate with more third-party entities of their choosing. We look forward to continue working with Informatica in bringing self-service integration to cloud HCM."

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs