Press Release Summary = CentraSite will form the technological foundation for Credit Suisse’s SOA program, helping the enterprise transform core processes into reusable services.
Press Release Body = Dubai, United Arab Emirates, July 8, 2007: Credit Suisse, one of the world’s leading financial institutions and a global leader in SOA projects, chose CentraSite, Software AG\'s SOA Governance solution, to support its strategic Service-Oriented Architecture (SOA) program. CentraSite will form the technological foundation for Credit Suisse’s SOA program, helping the enterprise transform core processes into reusable services. By mapping business processes in a modular way and shortening software development cycles, Credit Suisse expects to see measurable increases in business process efficiency.
CentraSite, the open standards-based SOA Governance solution co-developed by Software AG and Fujitsu, controls and administers all artifacts in an SOA-based application landscape. Credit Suisse will use CentraSite to store interface descriptions and map the structure of associated mainframe applications. The company’s primary objective is to uncouple existing applications from each other in order to build a flexible application landscape.
Credit Suisse will implement CentraSite as part of the first phase scheduled for completion by September 2007. Subsequent phases will extend CentraSite as the central registry and repository for Credit Suisse’s SOA application landscape worldwide, replacing its proprietary solution. Credit Suisse is at the forefront of using SOA, having established its program in 1998.
“CentraSite can support efficient modularization of even the largest IT landscapes to help companies protect their past IT investments and make their existing applications future-proof,” said Dr. Peter Kürpick, Member of the Executive Board at Software AG.
“We evaluated more than ten SOA Governance solutions, ultimately selecting CentraSite,” explains Andreas Kurmann, Director Special Projects at Credit Suisse. “We were convinced by the product’s rich functionality and high level of maturity. Both show that Software AG understands the requirements for building and running a Service-Oriented Architecture.”
Commenting on the implementation, Mr. Mohammed Al Fardan, Managing Director – Middle East and North Africa of Software AG Middle East, said, \"The financial sector in the Middle East is growing at a very fast rate and the investments they manage are also growing exponentially. It is therefore crucial for the financial sector to manage the agility of their systems and increase efficiency as time is critical in their business. The implementation at a world-class investment organization such as Credit Suisse is a perfect example of how SOA Governance solutions can help the financial sector in the Middle East.\"
About Software AG Software technology that increases the value of enterprise IT systems. Software AG is a global leader in mission-critical software infrastructure solutions based on open standards. At the forefront of advanced service-oriented architecture (SOA), Software AG enables customers to create powerful enterprise applications – especially in heterogeneous IT environments. Software AG’s products Adabas, Crossvision, Natural and Tamino help more than 3,000 customers uncover the full potential of their IT and add value to existing systems. With technology from Software AG, enterprises can: create flexible business applications and processes; extend the value and life of core systems; manage data effectively across the enterprise; and control and govern their service-oriented architecture.
Software AG has more than 35 years of global IT experience and over 2,700 employees serving customers in 70 countries. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW). Software AG posted total revenues of €483 million in 2006.
Web Site = http://www.softwareag.com
Contact Details = Media Contact: Mr. Mohammed Al Fardan Software AG Middle East P.O. Box 2154 Manama Kingdom of Bahrain Phone: +973 17 5828 11 Mohammed.AlFardan@softwareag.com