Misys plc, the global application software and services company, today announces that Piraeus Bank, the Athens-based universal bank, has licensed Misys BankFusion Equation as the technology platform to underpin its expansion plans.
Misys Equation has added value to Piraeus Bank’s operations for many years across its domestic and selected international branches, using Equation to run the bank’s operations across 343 branches in Greece and 220 branches in three of its international subsidiaries. Piraeus went live with Equation 3.9 in its Albanian operations in 2008 and Romanian business in 2009. The implementations were an important part of the bank’s growth strategy and has helped Piraeus to continue to achieve its business ambitions, as it continues to expand in South-Eastern Europe and the Eastern Mediterranean markets. Its future growth objectives in its domestic and international operations will be accelerated by BankFusion Equation.
In this latest release of the solution, Equation has been re-architected into an SOA environment using Misys' revolutionary BankFusion platform. Misys BankFusion Equation delivers Java (J2EE) re-usable components to Piraeus and gives it improved security and risk management capabilities and the flexibility to scale the business rapidly. BankFusion Equation automatically generates the system’s Java code, significantly reducing manual input and errors and accelerating solution modifications.
“It is imperative that we move faster than our competition,” states Janis Delis, DGM - Operations Technology and Organisation, Piraeus Bank. “Our investment in Misys and its BankFusion Equation solution is critical in our desire to maintain our competitive edge as we continue to expand and to be agile and innovative for our customers. The revolutionary technology in BankFusion Equation will allow us to launch innovative new products and services quickly that would normally take months of development with other core banking systems and seamlessly integrate best of breed solutions. We look forward to continuing to receive the support we have received over the fruitful relationship we have had with Misys, and to strengthening our position in retail banking and enterprise financing still further.”
Guy Warren, EVP and General Manager, Banking, Misys states, “The management team at Piraeus has chosen to invest in Misys, our BankFusion strategy and the future roadmap of the solution. This will give them a unique ability to tailor their business processes to the exact requirements of the organisation, without having to replace the existing underlying technology, and enable them to stay ahead of the competition.”
Sunday, February 7, 2010
TANDBERG First to Demonstrate Immersive Three-Screen Telepresence Interoperability with Cisco TelePresence
TANDBERG Total Telepresence solution delivers additional immersive third-party telepresence interoperability capabilities for expanded company-to-company collaboration.
TANDBERG (OSLO: TAA.OL) announced it has successfully demonstrated telepresence interoperability between TANDBERG Telepresence and the Cisco CTS 3000. This demonstration, the first of its kind, was enabled by integrating Cisco's new Telepresence Interoperability Protocol (TIP) into the award-winning TANDBERG Telepresence Server. With this integration, TANDBERG now adds Cisco TelePresence solutions to the list of third-party telepresence solutions it can seamlessly interoperate with while maintaining the three-screen, high-definition telepresence experience.
"As we build a global video community, it is imperative that organizations are not locked in by technology," said Fredrik Halvorsen, TANDBERG CEO. "Our Total Telepresence solution is interoperable with a broad range of third-party solutions, including those from Polycom and Microsoft. We are very happy to now deliver even greater value to our customers by bringing participants on TANDBERG Telepresence and Cisco TelePresence together with an immersive, three-screen experience. Today's demonstration reflects TANDBERG's continued commitment to open standards, providing scalable solutions and protecting our customers' video investments for the future."
According to Frost & Sullivan, although many companies initially think of telepresence as a substitute for the corporate jet, the technology holds even more value when it can seamlessly link to other video conferencing solutions - within and outside of an organization - to ensure all necessary participants can attend any meeting. TANDBERG customers have seen the exponential value of interoperability between third-party telepresence and video conferencing for company-to-company collaboration while maintaining the best experience possible. TANDBERG is consistently the first to deliver the most advanced interoperability solutions to the market, demonstrated by:
* TANDBERG first to demonstrate a multi-screen, high-definition telepresence call with Cisco TelePresence CTS 3000 (see video).
* TANDBERG first to deliver a telepresence solution that can interoperate with third-party telepresence systems while maintaining the immersive telepresence experience.
* TANDBERG first to enable high definition video between Microsoft Office Communicator and immersive multi-screen telepresence.
* TANDBERG first to deliver a complete portfolio of HD telepresence and video conferencing solutions that can interoperate with any other standards compliant systems both within an organization and company-to-company.
Interoperability with Cisco CTS 3000 and other Cisco systems will be available through a software upgrade to the TANDBERG Telepresence Server later this year. For more information about the TANDBERG Total Telepresence solution, visit http://www.tandberg.com or call or contact moreinfo@TANDBERG.com .
About TANDBERG
TANDBERG is the leading global provider of telepresence, high-definition video conferencing and mobile video products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit http://www.tandberg.com for more information.
TANDBERG is a trademark or registered trademark in the U.S. and other countries. All other product and company names here in may be trademarks of their respective owners.
TANDBERG (OSLO: TAA.OL) announced it has successfully demonstrated telepresence interoperability between TANDBERG Telepresence and the Cisco CTS 3000. This demonstration, the first of its kind, was enabled by integrating Cisco's new Telepresence Interoperability Protocol (TIP) into the award-winning TANDBERG Telepresence Server. With this integration, TANDBERG now adds Cisco TelePresence solutions to the list of third-party telepresence solutions it can seamlessly interoperate with while maintaining the three-screen, high-definition telepresence experience.
"As we build a global video community, it is imperative that organizations are not locked in by technology," said Fredrik Halvorsen, TANDBERG CEO. "Our Total Telepresence solution is interoperable with a broad range of third-party solutions, including those from Polycom and Microsoft. We are very happy to now deliver even greater value to our customers by bringing participants on TANDBERG Telepresence and Cisco TelePresence together with an immersive, three-screen experience. Today's demonstration reflects TANDBERG's continued commitment to open standards, providing scalable solutions and protecting our customers' video investments for the future."
According to Frost & Sullivan, although many companies initially think of telepresence as a substitute for the corporate jet, the technology holds even more value when it can seamlessly link to other video conferencing solutions - within and outside of an organization - to ensure all necessary participants can attend any meeting. TANDBERG customers have seen the exponential value of interoperability between third-party telepresence and video conferencing for company-to-company collaboration while maintaining the best experience possible. TANDBERG is consistently the first to deliver the most advanced interoperability solutions to the market, demonstrated by:
* TANDBERG first to demonstrate a multi-screen, high-definition telepresence call with Cisco TelePresence CTS 3000 (see video).
* TANDBERG first to deliver a telepresence solution that can interoperate with third-party telepresence systems while maintaining the immersive telepresence experience.
* TANDBERG first to enable high definition video between Microsoft Office Communicator and immersive multi-screen telepresence.
* TANDBERG first to deliver a complete portfolio of HD telepresence and video conferencing solutions that can interoperate with any other standards compliant systems both within an organization and company-to-company.
Interoperability with Cisco CTS 3000 and other Cisco systems will be available through a software upgrade to the TANDBERG Telepresence Server later this year. For more information about the TANDBERG Total Telepresence solution, visit http://www.tandberg.com or call or contact moreinfo@TANDBERG.com .
About TANDBERG
TANDBERG is the leading global provider of telepresence, high-definition video conferencing and mobile video products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit http://www.tandberg.com for more information.
TANDBERG is a trademark or registered trademark in the U.S. and other countries. All other product and company names here in may be trademarks of their respective owners.
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