Credit Suisse Banks On IONA Technologies.Business/Technology Editors ZURICH, Switzerland--(BUSINESS WIRE)--Feb. 3, 2000 IONA(R) Technologies, the Enterprise Portal See corporate portal. Company (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :IONA), today announced that it has signed a multi-million dollar, multi-year strategy contract with Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. . IONA's solution will enable the bank's information system users to access crucial mainframe-based information through modern web-based clients, resulting in a compelling business solution for Credit Suisse. Credit Suisse has made enormous investments in mainframe-based systems, enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. applications and data centers. The bank needed to integrate their existing processing (&uot;backend&uot;) systems with new front-end applications necessary for new products and distribution channels. Orbix(R) for OS/390 allows Credit Suisse to execute millions of transactions per day over a CORBA (Common Object Request Broker Architecture) A software-based interface from the Object Management Group (OMG) that allows software modules (objects) to communicate with each other no matter where they are located on a private network or the global (R)-based interface to its core systems. &uot;We use Orbix to open our centralized system In telecommunications, a centralized system is one in which most communications are routed through one or more major central hubs. Such a system allows certain functions to be concentrated in the system's hubs, freeing up resources in the peripheral units. for new distribution channels, such as Internet banking,&uot; said Stephan Murer, Member of the Senior Management of Credit Suisse. &uot;Our view is there was no need for us to dismantle our existing infrastructure to deploy on-line business opportunities. We are now able to have multiple technology generations in a more flexible system. This ensures shorter development cycles and investment protection,&uot; Murer concluded. &uot;IONA makes it easy for &uot;bricks and mortar&uot; companies to reliably extend their business to the Internet and become `clicks and mortar' companies. Our product suite provides an excellent solution to enable companies to implement their e-business strategies fast, easily and cost-effectively to meet the demands of an ever-increasing e-community. With a local, dedicated Zurich-based team and support coverage world-wide, IONA is well placed to deliver an efficient first class support service to leading corporations like Credit Suisse,&uot; said Uwe Lehr, Managing Director of IONA Germany, Switzerland and Austria. About IONA Technologies IONA Technologies, NASDAQ: IONA, began life as a campus company in Trinity College, Dublin and was founded by Chris Horn, Annrai O'Toole, Colin Newman and Seán Baker.[1][2] IONA maintains headquarter offices in Dublin, Boston and Tokyo. IONA Technologies enables e-business activities by providing software solutions to allow organizations' applications to work together and by integrating existing business systems with the Web and other large-scale distributed applications. In 1999, IONA launched its IONA iPortal Suite(TM), a comprehensive and scalable enterprise portal infrastructure that can be used with the main programming languages and distributed computing (1) The use of multiple computers networked throughout a wide geographical area, or the world via the Internet, in order to solve a single problem. See grid computing. (2) The use of multiple computers in an enterprise rather than one centralized system. systems. The foundation of the IONA iPortal Suite is Orbix 2000(TM), the middleware engine and development and deployment platform, which offers seamless standards-based integration of software from desktop to server, and from mainframe to web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . Other IONA iPortal elements include the IONA iPortal Application Server(TM), the IONA iPortal Integration Server(TM), and the IONA iPortal Server(TM). Founded in 1991 in Dublin, IONA Technologies has made a profit every year and in 1997 floated on the NASDAQ Exchange (as IONA) and the Irish Stock Exchange The Irish Stock Exchange (ISE) (Irish: Stocmhalartán na hÉireann) is Ireland's stock exchange, formed through the merger of the Cork and Dublin exchanges, both of which have existed as far back as 1793. . Recently IONA received investment funding from Intel. IONA and Orbix are registered trademarks of IONA Technologies. IONA iPortal Suite, IONA iPortal Integration Server, IONA iPortal Application Server, IONA iPortal Server and Orbix 2000 are trademarks of IONA Technologies. All other trademarks are the property of their respective owners. |
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