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Contivo's Patented Integration, Transformation, and Mapping Technology to Power Avolent's Newest BizCast FRM Product.


MOUNTAIN VIEW, Calif. -- Avolent to Leverage Contivo VMS (1) (Virtual Memory System) A multiuser, multitasking, virtual memory operating system for the VAX series from Digital. VMS applications run on any VAX from the MicroVAX to the largest unit. See OpenVMS.  to Speed Integration and Deployment

Contivo, the leading provider of automated data integration solutions, announced that it has signed Avolent as its latest customer and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  partner. Under the agreement, Avolent will bundle Contivo Vocabulary Management Solution (VMS) and its Analyst, Repository, and Legacy Integrator modules in its BizCast solution. Avolent, a leader in Financial Relationship Management (FRM FRM From
FRM Form
FRM Fixed-Rate Mortgage
FRM Financial Risk Manager (GARP)
FRM Fondation pour la Recherche Médicale
FRM Financial Resource Management
FRM Final Rulemaking
FRM Fiber-Reinforced Metal
FRM Federal Reference Methods
) applications, chose Contivo because it was the most flexible and powerful way to accommodate complex interfaces and the wide variety and versions of application packages with which they must integrate, to deliver complete invoicing, bill presentment, and payment solutions.

"We evaluated several competitive products, and found Contivo VMS to be the most elegant, flexible, and powerful way of reducing integration and implementation costs," said Michael Radovancevich, Chief Architect of Avolent. "As we continue to grow at a rapid pace, we needed a solution that increases our implementation speed so that our customers can more quickly begin realizing the significant ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  that BizCast provides. Contivo's technology dramatically lowers the effort, cost and risk of integrations, and its automatic generation of maps and portable code increases the scalability of our company. We can now do more implementations with the same staff, while offering our customers greater value."

Although most integration platforms have adaptors to connect to standard applications, even the best integration platforms do not provide a solid way to deal with the differences in meaning and representation (semantics) of the data used between applications. Consequently, real-world data integration can consume several weeks for each interface that needs to be developed. This manual, error prone activity must be reworked every time an application changes or a new function is exposed.

"We are proud to have Avolent as our latest customer and OEM partner," said Keith Feingold, Contivo's 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. . "With Contivo, Avolent will be able to increase their leverage and lower their costs by easily configuring standard middleware platforms while coping with the complexity of EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. , COBOL COBOL: see programming language.
COBOL
 in full Common Business-Oriented Language.

High-level computer programming language, one of the first widely used languages and for many years the most popular language in the business community.
 copybook (programming, library) copybook - (Or "copy member", "copy module") A common piece of source code designed to be copied into many source programs, used mainly in IBM DOS mainframe programming.

In mainframe DOS (DOS/VS, DOS/VSE, etc.
, HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, , and a myriad of other application integration problems. Our proven Contivo VMS solution provides them a solid base for growth."

Contivo helps enterprises integrate data faster and more effectively than traditional hand-coded, manual methods. The Contivo VMS provides tools, infrastructure, and code generators that automate data transformation for application integration across multiple platforms. Contivo VMS can deliver savings of over 60% of integration efforts on the initial deployment, and over 70% in ongoing maintenance effort. Contivo's recently expanded capabilities and platform support enable data integration across the enterprise, extending to legacy systems and Web services.

About Contivo

Contivo provides solutions that enable enterprises to dramatically reduce implementation and maintenance costs of enterprise-wide integration projects. Contivo provides integration architects and developers with a centrally managed repository and tools that dramatically increase leverage, bringing repeatability and parallelism to a task that was previously one-off, serial, and manual.

Contivo was founded in 1998 and has forged significant relationships with strategic partners and customers, including Hewlett Packard, Agilent Technologies, Fujitsu, Hitachi, Bearing Point, and CGEY CGEY Cap Gemini Ernst and Young (IT consulting firm) . Investors include industry leaders BEA Systems, TIBCO Software, and webMethods and investment bankers BA Venture Partners, Voyager Capital, and MSD Capital LP. Contivo is privately held and headquartered in Mountain View, CA. For more information, go to www.contivo.com.

Trademarks: Contivo and Contivo Analyst are registered trademarks, and Contivo VMS is a trademark of Contivo, Inc. All other trademarks are the property of their respective owners.

About Avolent

Avolent is the leading provider of enterprise application software for Financial Relationship Management (FRM) to simplify and enhance the financial interactions between customers, employees, and partners. Avolent's award-winning FRM solutions encompass electronic invoice presentment and payment (EIPP EIPP Electronic Invoice Payment and Presentment
EIPP Electronic Invoice Presentment and Payment
), online account management and customer self-service, process management and workflow, enterprise employee access, and decision support. Founded in 1995, Avolent's customers and partners include some of the largest companies in the world, such as AT&T, MasterCard, Office Depot, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , Spectrum, Unisys, Wells Fargo, DST Output, Health Alliance, Highmark, PacifiCare, and more. For more information call (800) 553-5505 or visit www.avolent.com.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 4, 2004
Words:672
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