Centerprise and IBM Named Winner of CompTIA's ASPire Award for Best Practices in Integration.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 24, 2002 Recognizes Successful Integration of Enterprise Management Systems into Single Framework IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE NYSE See: New York Stock Exchange : IBM) and Centerprise Services, Inc. have been named winners in the second annual CompTIA ASP section ASPire Awards program, which highlights best practices in the application service provider (ASP) industry. The award was announced at the Internet World Fall 2001 Conference in December in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . IBM and Centerprise Services were selected in the Integration category for providing a flexible systems integration and management module within Centerprise's broader enterprise management application suite. Centerprise Services, a software and services provider of an enterprise system solution built for 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. industry's wholesale capital markets sector, offers both ASP and traditional software license solutions. A case study abstract detailing the award-winning entry is available at http:// www-4.ibm.com/software/webservers/commerce/casestudies/centerprise.pdf "Our suite of products, CenterSphere, is a modular enterprise system built specifically for commercial and investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. ," said Reto Tuffli, 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. at Centerprise. "Just as manufacturing companies have relied on ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. solutions to gain operational efficiencies and are now using them to realize e-business strategies, we're seeing growing interest in our enterprise approach in the financial services space where C-level executives are seeking out comprehensive enterprise solutions to simultaneously address operating costs operating costs npl → gastos mpl operacionales , risk management and control issues, as well as outsourcing, co-sourcing and other e-business strategies. The bottom line is that industry and equity analysts, the financial and business media and more importantly shareholders are all paying close attention and CenterSphere is our very timely response to that need." "Application integration functionality is absolutely key to this evolution, and thus to our product offering," he added. "As you can imagine, we're delighted to have won this award with IBM, with whom we've worked closely on many fronts, and whose MQSeries set of middleware products are integrated throughout our enterprise solution. ConnectionCenter, one of our many application modules, is central to our value proposition: significantly reducing the number of systems that need to be managed and maintained, and delivering substantial savings in expenditures across many administrative and IT internal departments, including internal and external auditing expenses." The Centerprise ConnectionCenter module gives capital markets firms an integrated framework to monitor key reporting systems and the data feeds they are required to provide. Firms can monitor daily feeds and their status, the types of data they contain, the organizational entities they cover and the transformation required to normalize normalize to convert a set of data by, for example, converting them to logarithms or reciprocals so that their previous non-normal distribution is converted to a normal one. data into a consistent format. Production model driven automated e-business processes can be associated with their respective data feeds, enabling conditional business logic to be triggered by the data feed. 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. Reza Ghorieshi, global technical strategist in the IBM Software Group and chairman of the ASP Industry Consortium (Application Service Provider Industry Consortium, Wakefield, MA) A now disbanded trade organization founded in 1999 dedicated to research and standards in the application service provider (ASP) industry. Best Practices Committee, "Centerprise has leveraged WebSphere MQ, IBM's industry leading messaging software, to provide capital market solutions that are successfully handled and managed at the enterprise level. The combined effort between the two organizations can benefit the customer through reduced cost, increased efficiency and more immediate access to integrated financial solutions." A key goal during CenterSphere's two-year development was to provide the ability to administer, integrate and transform data feeds from existing legacy systems, which, according to Eric Yu, Centerprise's CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , "had to be an integral part of our general enterprise application. EAI (Enterprise Application Integration) Refers to various techniques used to share data and business processes in large enterprises. When companies acquire another organization, disparate information systems have to be made to work together. capability is also a key requirement for a robust ASP service offering. The combination of IBM's WebSphere MQSeries, MQSeries Integrator and MQSeries Workflow gave us the broad message brokering technology we were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. . Our ConnectionCenter module brings these technologies together further, putting them in an organizational and workflow context, which is critical for enterprise level management." Thirty-year IBM veteran Dean Keister, now head of network architecture for Centerprise, added, "Messaging, queuing, data transformation and process management must all work together to be effective. Large banks literally have hundreds of software systems and data sources providing feeds on a daily or more frequent basis for enterprise reporting needs. Smaller financial firms have different requirements, such as looking for flexible application hosting configurations for outsourcing or co-sourcing ASP solutions. CenterSphere successfully serves both ends of the customer spectrum." The ASPire awards honored best practices in the ASP industry in five categories: delivery and enablement; integration; management and operations; service satisfaction; and innovative technology-wireless. An independent review board comprised of ASP industry experts from International Data Corporation (IDC), Gartner, Dataquest, McKinsey & Co. and Enterprise Management Associates selected the category winners. About Centerprise Centerprise is a technology solutions software and services company that offers a broad, integrated, yet modular enterprise management system developed specifically for the financial services industry and, in particular, for the wholesale capital markets sector. The CenterSphere(TM) suite of products, designed from the ground up to facilitate the management and control of the financial enterprise, integrates all the key managerial disciplines into a single framework, achieving a new level of cost efficiency for the enterprise not previously possible. At the same time, the framework is flexible, and components can be implemented incrementally as needed as needed prn. See prn order. , including: organization and accountability management; portfolio (position) management; financial reporting (GL); enterprise-wide business process management; market, credit, and operational risk management; analytics; daily trading P&L reporting and attribution; CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ; HR; legal and compliance; audit management; market and enterprise data management; and application integration management. CenterSphere is the first enterprise system built specifically for the requirements of capital market organizations by capital market veterans. For more information, visit www.centerprise.com. About IBM Drawing on resources from across the company and 90,000 Business Partners, IBM offers a host of cross-industry and industry-specific solutions designed to meet the needs of growing companies and help them leverage the potential of the Internet and network computing. About CompTIA CompTIA, the Computing Technology Industry Association See CompTIA. , provides the technology community standards in the areas of Internet-enabled service provision, e-commerce, vendor-neutral technical certification, CRM, public policy, workforce development and training. |
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