Corillian and Stratus Align to Offer Financial Institutions Unsurpassed Reliability for eFinance Solutions.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--March 11, 2003 Corillian Corp. (Nasdaq:CORI), a premier provider of enterprise software and services 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, and Stratus Technologies Stratus Technologies is a Maynard, Massachusetts based producer of fault tolerant computers. Stratus Technologies is a 1999 spinoff of Stratus Computer founded in 1980. today announced at the StratusWorld Users Conference that the two companies have signed a co-marketing agreement. Under the agreement, Corillian and Stratus will jointly promote and market their respective solutions to financial institutions in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and select geographies. "At the core of strategic partnerships like this one is a shared commitment to provide the highest levels of system availability and reliability to customers," said Philip Izzo, director, Financial Services Business Development at Stratus. "The success that the Corillian Voyager platform has earned as a solution of choice for delivering tomorrow's eFinance requirements today is clearly indicative of Corillian's commitment. Complementing the Corillian Voyager platform with the industry's best fault-tolerant server for Windows computing will add a dimension of reliability and confidence for Corillian customers." Stratus, maker of the world's most reliable computer servers, has been serving the mission-critical computing requirements of the global financial services industry for two decades. Today, its industry-standard, fault-tolerant ftServer(R) line delivers continuously available processing for Microsoft Windows-based applications. It is unmatched in the industry for uptime performance and operational simplicity, and provides exceptional price/performance across a range of models. Built on the high-performance Microsoft(R) Windows(R) 2000 platform, Corillian Voyager ensures that financial institutions can seamlessly incorporate the latest emerging enterprise technology available: Internet banking, bill delivery and payment, linear scalability and authorization and authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. services, such as single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. , off-host user authentication See authentication. and user entitlement management. Leveraging other Microsoft technologies like the .NET framework, SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. 2000, Windows 2000 Advanced Server and integrated clustering services, Corillian Voyager gives financial institutions a scalable, flexible and reliable foundation to meet their enterprise banking requirements. "This agreement builds on our commitment to provide our customers with not only the most reliable and flexible eFinance solutions in the industry, but also the flexibility to choose their deployment method," said Thomas Brooke Thomas Brooke may refer to:
Stratus is the first server manufacture to offer cash compensation for downtime. In October 2002, the company announced its Perfect Performance Program for the Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. 2000 Advanced Server operating system See network operating system. running on Stratus' newly introduced enterprise-class ftServer 6500 4-way SMP (Symmetric MultiProcessing) A multiprocessing architecture in which multiple CPUs, residing in one cabinet, share the same memory. SMP systems provide scalability. As business increases, additional CPUs can be added to absorb the increased transaction volume. fault-tolerant server. Under the program, the company guarantees that if a customer with a top-of-the-line ftServer 6500 system covered by Stratus Business Critical Service experiences any unplanned downtime from an operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. or hardware failure in that server for the first year of the contract, Stratus pays $100,000 in cash or product credit. About Stratus Technologies Originally founded in 1980, Stratus Technologies delivers continuously available platforms with unmatched operational simplicity, providing a compelling financial advantage to our customers. Stratus also licenses technology for continuous computing About Corillian Corporation Corillian is a premier provider of enterprise software and services for the financial services industry. Empowered with Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively. Built on the Microsoft Windows 2000 Server family, .NET enterprise servers, and the .NET framework, Corillian's solutions are unmatched in reliability and performance, and successfully scale at some of the world's largest financial institutions. More than nine million people, 25 percent of America's online banking population, manage their finances using Corillian software. Corillian's proven solutions enable financial institutions to deliver innovative services enterprise-wide, across multiple delivery channels and multiple lines of business. The Corillian Voyager platform provides secure and scalable account access and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. for a wide variety of applications built by Corillian's expert software developers and Corillian-certified partners. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com. |
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