FINEOS Joins IBM's eServer Application Advantage for Linux(TM); Commitment to the Growing Linux Market.DUBLIN, Ireland, BOSTON, LONDON and MELBOURNE, Australia -- FINEOS Corporation, an award-winning provider of software solutions for the insurance and banking industries, today announced it has joined IBM's Chiphopper(TM) program. The program, officially known as the eServer Application Advantage for Linux(TM), enables Independent Software Vendors (ISVs) to develop one version of their application that will run across the entire IBM eServer This article is about the IBM family of computer servers. For the open access electronic text archive, see EServer.org. IBM eServer was a family of computer servers from IBM Corporation. hardware line. Servers included in the program range from IBM's entry-level x86-based xSeries, to blades and clusters, IBM Power POWER is a RISC instruction set architecture designed by IBM. The name is a backronym for Performance Optimization With Enhanced RISC. processor-based servers (iSeries, pSeries) and mainframes (zSeries). Chiphopper certification assures FINEOS clients, opting to leverage the Linux platform, that the FINEOS 5 suite of insurance and banking solutions, as well as the underlying application and technical architecture, has been tested and approved for use on multiple 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) platforms using the Linux 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. and is "Use Ready for IBM eServer with Linux" according to the program agreement. "FINEOS is committed to providing world-class software solutions to the insurance and banking industries. Our clients can be confident that our solutions are highly portable and easy to support across multiple platforms, resulting in increased savings and resource utilization" says Michael Kelly, 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. , FINEOS Corporation. "IBM's Chiphopper offering provides customers greater platform choice while allowing ISVs worldwide to expand revenue and market opportunities," said Scott Handy, vice president, Linux and Open Source, IBM. "Customers running FINEOS solutions on multiple Linux and standards-based hardware platforms, middleware, and services can look forward to benefiting from greater security, flexibility, and a lower total cost of IT ownership." About FINEOS Founded in 1993, FINEOS Corporation is an award-winning global provider and a recognized expert in the development of packaged software solutions for the insurance and banking industries. The FINEOS Insurance Suite includes front-to-back solutions for sales & service, claims management, payments, underwriting and policy administration and is designed for life and health (including group, individual disability and long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. ) and property and casualty (including workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. ). The FINEOS Banking Suite provides sales & service solutions, most notably for mortgage lending, which combine enhanced customer interaction management with bank-specific workflow automation. FINEOS solutions are built on a componentized platform that blends customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) and workflow automation with traditional core processing, delivering ease-of-use, straight-through processing straight-through processing The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions. and operational efficiency. Clients may choose a full enterprise suite or application-specific approach, implemented in phases, as appropriate. FINEOS solutions deliver documented benefits for some of the world's leading insurance carriers and banks. The company has offices in Australia, Europe and the USA. For more information, please visit www.FINEOS.com. |
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