CUNA Mutual Group Extends Strategic Relationship With Objectivity; Objectivity Scalability is Leveraged for E-Commerce, Cross-Selling Initiatives.SUNNYVALE, Calif. -- As demand grows within the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. sector for its real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. management solutions for complex inter-related data, Objectivity, Inc., today announces that it has entered into a three-year strategic relationship with CUNA Cuna Chibchan-speaking Indian people who once occupied the central region of what is now Panama and the neighbouring San Blas Islands and who still survive in marginal areas. In the 16th century they lived in federated villages under chiefs who wielded considerable power. Mutual Group. CUNA Mutual, located in Madison, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. ., provides financial services and insurance to credit unions and their members. The strategic relationship calls for extended maintenance to support CUNA Mutual's member database built on Objectivity/DB. The Objectivity-based service provides CUNA Mutual with an improved ability to track customer records and help its sales staff cross-sell financial services products. Objectivity enables a unified view Objectivity/DB has enabled CUNA Mutual to build a scalable application that generates a unified, consolidated view for each individual from a large number of legacy databases. With Objectivity/DB, CUNA Mutual provides an integrated set of product offerings tailored for each individual. Extracting data from disparate databases The Objectivity/DB-based application extracts detailed member information from more than 40 disparate systems. These systems run on a variety of platforms, in a mixture of environments. The CUNA Mutual application extracts, filters and consolidates information and then stores it in Objectivity in a common format. CUNA Mutual's Objectivity/DB is more than a Terabyte One trillion bytes. Also TB, Tbyte and T-byte. See tera and space/time. (unit) terabyte - 2^40 = 1,099,511,627,776 bytes = 1024 gigabytes or roughly 10^12 bytes. (Note the spelling - one 'r'). See prefix. and contains more than 100 million records and six billion objects. "We are pleased to have extended our strategic relationship with CUNA Mutual. They represent an important group of enterprise customers that we classify as Information Sharers," said Jay Jarrell, president 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 Objectivity, Inc. "Objectivity/DB enables CUNA Mutual to utilize information stored in legacy databases to be more responsive to their customer needs and more competitive in today's aggressive marketplace." About CUNA Mutual The CUNA Mutual Group is the leading provider of financial services to credit unions and their members worldwide, offering lending, protection, financial, employee and member solutions through strategic partnerships, technological innovations and multiple service channels. Information about CUNA Mutual may be found on the World Wide Web at www.cunamutual.com. About Objectivity, Inc. Objectivity, Inc. is the leading provider of real-time object-oriented databases See object database. (database) object-oriented database - (OODB) A system offering DBMS facilities in an object-oriented programming environment. Data is stored as objects and can be interpreted only using the methods specified by its class. for complex inter-related data. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Objectivity/DB, manages and analyzes very large volumes of complex data for event and relationship processing within mission-critical applications. These applications are developed by ISVs, OEMs and end-users in process control, medical and telecommunications equipment, government, ontology ontology: see metaphysics. ontology Theory of being as such. It was originally called “first philosophy” by Aristotle. In the 18th century Christian Wolff contrasted ontology, or general metaphysics, with special metaphysical theories , financial services, and knowledge management. Objectivity/DB enables organizations to monitor, analyze and respond by identifying inter-relationships or anomalies providing real-time intelligence for predictive analysis and decision support. Objectivity, Inc. is headquartered in Sunnyvale, Calif., USA. For more information, contact the Company by sending e-mail to info@objectivity.com, visiting http://www.objectivity.com or calling 408-992-7100. Note to editors: All product names contained herein remain the trademarks or registered trademarks of their respective companies. |
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