Printer Friendly
The Free Library
19,585,735 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Biveroni Batschelet Partners Relies on Ingres Open Source to Serve Worldwide Financial Institutions.


BBP Uses Ingres Database and Red Hat's JBoss Enterprise Solutions to Enable Secure, Reliable Interbank Connections

REDWOOD CITY, Calif. & SAN FRANCISCO -- Ingres Corporation, the leading open source database management company and pioneer of The New Economics of IT, announced today that Biveroni Batschelet Partners AG (BBP), an integrated software and solution vendor specializing in the integration of interbank applications, uses Ingres Database as part of an in-house Java and open source application stack, which also includes Red Hat's JBoss Enterprise Middleware. The stack was developed and deployed by BBP to provide and secure 24x7 continuous interbank connections. Ingres Database was chosen for its ability to provide superior security, reliability, and support and maintenance to enterprises worldwide that rely on immediate access to business-critical information.

BBP provides business-critical middleware applications for worldwide financial institutions to simplify and streamline payment processes and control procedures. Product reliability, unshakable security, and a lower total cost of ownership are top priorities for the company. These priorities, combined with a company-wide commitment to long-term, successful collaboration with clients and partners, have earned BBP an excellent reputation in the banking industry. Customers come to BBP to reduce the risk and complexity involved when they must support multiple platforms, procedures, and standards required in a multi-bank environment.

"Financial institutions place their absolute trust and the success of their day-to-day business processes directly into our hands," says Amir Housseini, CTO at BBP. "Given the sensitivity of our application and the underlying data, we require an application infrastructure that can meet extremely stringent requirements, especially for security and availability."

Today, BBP's entire business relies exclusively on Ingres Database, a JBoss Enterprise Application Platform, and Red Hat Enterprise Linux technology. The integrated application development stack enables BBP to develop its application in an environment preferred by their developers, and then to deploy in production within the same environment. BBP reports its preference for this solution because of the cost effective open source business model and for the added value of developing and deploying in a common environment.

"We've always relied on open source software components to reduce application development costs, and Ingres and JBoss are commercially proven, have been tested and guaranteed to work together," said Housseini. "Furthermore, Ingres and Red Hat have proven, long-term track records of successful enterprise deployments - that matters when you're dealing with business-critical information that must be guaranteed secure and reliable in every moment."

Additionally, BBP is committed to serving smaller financial institutions that need extremely cost-effective access to interbank services, with a quick, easy installation, and without any significant investment in hardware or software.

"BBP is yet another pioneer in using open source technology to manage the business-critical information found in an industry like financial services - this is information that must always be secure and they are trusting commercial open source software with that most important task," said Bertram Mandel, managing director CEMEA and vice president of sales & services at Ingres. "This use of technology is also another great example of the incredible cost savings that companies, and their customers, can experience when they leverage the capabilities of multiple, integrated open source software solutions."

About Ingres Corporation

Ingres is the leading open source database management company. We are the world's second largest open source company and the pioneer of The New Economics of IT, providing open source solutions at dramatically reduced cost than proprietary software vendors. As a leader in The New Economics of IT, Ingres delivers low cost and accelerated innovation to its more than 10,000 customers worldwide. For more information, visit www.ingres.com.

About Biveroni Batschelet Partners AG (BBP)

BBP AG is a software developer specializing in the integration of interbank applications. BBP offers its software on an in-house or ServiceBureau basis for SWIFT, SIX Interbank Clearing (SIC), SIX SIS (SECOM), Fed, CHIPS, and other networks. Additional solutions are provided in the areas of anti money laundering prevention and reconciliation. BBP's most important goals are product reliability and the long term, successful cooperation with clients and partners. Since 1995, BBP has been operating the first independent ServiceBureau in Switzerland and is today the largest SWIFT ServiceBureau world-wide. BBP is located in Baden, Switzerland. For more information, visit: www.bbp.ch

Ingres is a registered trademark of Ingres Corporation. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
COPYRIGHT 2009 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 24, 2009
Words:723
Previous Article:Rexahn Pharmaceuticals, Inc. (RNN) Initiates Phase II Pancreatic Cancer Clinical Trial.
Next Article:Dana Resources Acquires the Property Las Horquetas.
Topics:

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles