BLUEPHOENIX COMPLETES IT MODERNIZATION PROJECT.BluePhoenix Solutions (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BPHX), a leader in value-driven IT legacy modernization solutions, has announced that it has completed a major IT modernization project for Export-Import Bank of the United States Export-Import Bank of the United States (Ex-Im Bank) One of the principal U.S. government agencies in international finance. Originally incorporated as the Export-Import Bank of Washington in 1934, its goal is to help finance U.S. ("Ex-Im Bank See Export-import Bank. "). The extensive project, involving the migration of core business applications, associated databases, and their re-hosting from a mainframe platform to a Windows environment (1) (upper case "W") Refers to computers running under a Microsoft Windows operating system. (2) (lower case "w") Also called a "windowing environment," it refers to any software that provides multiple windows on screen such as Windows, Mac, Motif and X Window. , took approximately 9 months to complete. The sizeable resulting reductions in licensing and maintenance costs saw Export-Import Bank Export-import Bank (Ex-IM Bank) The U.S. federal government agency that extends trade credits to U.S. companies to facilitate the financing of U.S. exports. realize a return on project investment in 12 months. In addition to reducing operating costs operating costs npl → gastos mpl operacionales , this project has helped the Ex-Im Bank consolidate database platforms, reduce data redundancy and build a data warehouse, thereby further improving efficiencies for accessing and reporting on mission critical business information and metrics. The modernization initiative was carried out using BluePhoenix's proven IT modernization methodologies, automated modernization tools and experienced professional services team. "We are pleased to have worked with Export-Import Bank on this successful IT modernization project," said Yaron Tchwella, 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. , BluePhoenix Solutions. "This is another great example of the benefits of migrating applications in order to leverage valuable business logic, while enabling businesses to dramatically reduce their operational costs." About Export-Import Bank of the United States Export-Import Bank is the official export-credit agency of the United States. The independent, self-sustaining federal agency, now in its 75th year, helps to create and maintain U.S. jobs by financing the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export-credit insurance and direct loans. On average, 85% of the Ex-Im Bank transactions directly benefit U.S. small businesses. Ex-Im Bank has supported more than $400 billion of U.S. exports. For more information, visit http://www.exim.gov. About BluePhoenix Solutions BluePhoenix Solutions (NASDAQ: BPHX) is the leading provider of value-driven legacy IT modernization solutions. The BluePhoenix portfolio includes a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, re-hosting, and renewal. Leveraging over 20 years of best-practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped, or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime. BluePhoenix provides modernization solutions to companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. Among its prestigious customers are: Aflac, Capita Group, CareFirst, Citigroup, Danish Commerce and Companies Agency, Desjardins, Los Angeles County Employees Retirement Association, Rabobank, Rural Servicios Informaticos, SDC SDC Silver Dollar City SDC Security Door Controls SDC Student Development Center SDC San Diego Chargers SDC Science Data Center SDC System Development Charges SDC Studebaker Drivers Club SDC San Diego, California (border patrol sector) Udvikling, TEMENOS For the municipality in Crete see Temenos, Greece. Greek Temenos (τέμενος[1], from the Greek verb τέμνω , Toyota and Volvofinans. BluePhoenix has 15 offices in the USA, UK, Denmark, Germany, Italy, France, The Netherlands, Romania, Russia, Cyprus, South Korea, Australia, and Israel. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion