Application Development Trends Recognizes NetNumina-Built eBusiness Site as Winner of 2000 Innovator Award.Business/Technology Editors BOSTON--(BUSINESS WIRE)--May 2, 2000 Leading IT Publication Honors Citigroup's FXLink Application as Solving Crucial Business Problems and Delivering Mission-Critical Software NetNumina Solutions, a leading eBusiness systems integrator and consultant, today announced that its work on Citigroup's foreign currency exchange system has been recognized by Application Development Trends in the 2000 Innovator Awards. Citigroup was named winner in the category of Middleware/Application Integration for its FXLink application - designed to give customers real time access to foreign currency exchange rates securely over the Internet at any time and from anywhere. FX Link is a real-time, Web-based currency exchange system connecting global customers to foreign currency markets 24 hours a day, seven days a week. In e-business applications, the system is able to provide prices in the native currency of the purchaser, automatically convert them to the native currency of the seller, and complete the transaction in real time with up-to-the-minute exchange rates - eliminating the confusion and danger of fluctuating currency prices changing the cost of a deal. The Application Development Trends Innovator Awards honor IT managers, team leaders and team members directly involved in important development projects that use as-yet unproven unproven Dubious, nonscientific, not proven, quack, questionable, unscientific adjective Relating to that which has not been validated by reproducible experiments or other scientific methods for determining effect or efficacy products, technologies and/or methods to develop and deliver mission-critical software for solving a crucial business problem. All entries were judged by a panel of Application Development Trends editors and a team of consultants from Keane Inc., a Boston consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . After much deliberation, one winner and one honorable mention were selected in each category. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Keane Report, generated by the judges of the 2000 Innovator awards, the project demonstrated innovation in the following three ways: --Addressed the key issues of security and single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. with respect to application integration; --Integrated Web-oriented technologies; and --Resulted in a U.S. patent award for financial transactions over the Web. "The FX Link project was an extremely gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. one because it gave us the opportunity to leverage our expertise in combining the best technologies to develop a unique, complex solution for a client with very high standards," said Imran Sayeed, Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of NetNumina Solutions. "This recognition is further validation of NetNumina's commitment to provide innovative, custom built eBusiness solutions to our customers and further enhance the eBusiness landscape with unique, groundbreaking functionalities." About NetNumina Solutions NetNumina Solutions, a systems integrator and consulting firm, develops custom eBusiness applications, enabling organizations to reduce the cost and complexity of building enterprise-wide e-business applications for the Internet, Intranet or Extranet. These mission-critical solutions provide a component-based architecture and custom development services for such companies as Citicorp, CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. , T. Rowe Price T. Rowe Price (NASDAQ: TROW) is an independent global investment management firm and mutual fund manager based in Baltimore, Maryland. It was founded in 1937 by Thomas Rowe Price, Jr.. T. , Case Shiller Weiss, Massachusetts Port Authority Massachusetts Port Authority, or Massport, is a port district in the Commonwealth of Massachusetts. It operates the airports, seaport, and Mystic River Bridge in Boston, Massachusetts and the surrounding areas. , ModelWire, W.R. Berkley and Federal Home Loan Bank of Boston. NetNumina Solutions is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , headquartered in Boston, Mass. For more information, visit their Web site at http://www.netnumina.com. |
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