KBC Bank and Insurance Group Deploys SeeBeyond for Integration of Systems and Business Processes for Enhanced Customer Service.Business Editors/High-Tech Writers BRUSSELS, Belgium & MONROVIA, Calif.--(BUSINESS WIRE)--Dec. 15, 2003 SeeBeyond Enables Seamless Integration of Front and Back-Office Systems and First Direct Connection to Euronext SeeBeyond (Nasdaq:SBYN), provider of the world's first integrated composite application network built on a comprehensive integration platform, announced today that KBC KBC Kenya Broadcasting Corporation KBC Kaun Banega Crorepati (Indian TV show) KBC Koahnic Broadcast Corporation (Anchorage, Alaska) KBC Keyboard Connector KBC Kill Before Capture , a leading bank and insurance company in Belgium, has deployed SeeBeyond's eGate(TM) Integrator platform to link its best-of-breed and legacy applications to enable improved customer service. Additionally, this solution facilitates the business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) integration for KBC's external partners, including the National Bank of Belgium The National Bank of Belgium (Nationale Bank van België in Dutch, Banque nationale de Belgique in French, and Belgische Nationalbank in German) has been the central bank of Belgium since 1850. It is a member of the European System of Central Banks. , and enables the first direct connection to Euronext via Market Message Transfer Protocol (MMTP MMTP Methadone Maintenance Treatment Program (Albany, NY) MMTP Multimedia Multiplexing Transport Protocol MMTP Market Message Transfer Protocol MMTP Merge Mail Transfer Protocol MMTP Multimedia Mail Transfer Protocol ). "As we develop real-time services for our customers, the fact that we can integrate applications quickly and easily is one of our crucial success factors. Thanks to SeeBeyond, we don't hesitate to tackle even the most complex integrations," said Bart Vanhaeren, senior systems integrator, EAI Competence Centre, KBC Bank & Insurance Group. KBC is using SeeBeyond's eGate Integrator to integrate applications from vendors such as SAP, LoanIQ, Murex mu·rex n. pl. mu·ri·ces or mu·rex·es Any of various marine gastropods of the genus Murex common in tropical seas and having rough spiny shells, especially M. trunculus, the source of Tyrian purple. and Siebel Systems, as well as existing legacy applications running on its IBM mainframe. Additionally, B2B integration has been achieved with external partners, including the National Bank of Belgium, which is being used for reporting and accessing centralized data and the Euronext stock exchange for settlement of securities transactions. Seamless integration of front-office and back-office processes is crucial to the success of the Company's Internet banking service, amongst others. Using eGate Integrator has allowed KBC to maintain a complex application architecture, and has enabled KBC to pursue its business vision through implementing the best applications on the market. "eGate Integrator was also the most elegant solution in the sense that integration scenarios could be established with less effort and a cleaner design. We felt confident that eGate Integrator and SeeBeyond would be around for a long time," added Mr. Vanhaeren. "Our ability to create composite applications across product silos is at the heart of our success in financial services," said David Bennett, senior vice president and general manager of EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. for SeeBeyond. "Our business process management capabilities and proven integration platform deliver cost reduction, business agility and risk reduction -- all vital components to the success of customers such as KBC. The high value of the cross-application Straight Through Processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. (STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. ) processes that we enable means that organizations can't wait to integrate in order to remain competitive." About KBC KBC Bank & Insurance Group is currently one of the top three banking and insurance companies in Belgium. By focusing its international expansion on Central and Eastern Europe The term "Central and Eastern Europe" came into wide spread use, replacing "Eastern bloc", to describe former Communist countries in Europe, after the collapse of the Iron Curtain in 1989/90. , it has also built up a leading position in a second home market. KBC employs some 45,000 people and has 10 million customers in 30 countries. About SeeBeyond Based on 14 years of software innovation and real-world experience in integrating systems across Global 2000 organizations, SeeBeyond (Nasdaq:SBYN) delivers the industry's first fully J2EE-certified integrated composite application network built on a comprehensive integration platform. Beyond eAI, the SeeBeyond(R) Integrated Composite Application Network (ICAN ICAN International Cesarean Awareness Network Inc ICAN Integrated Composite Application Network (SeeBeyond) ICAN Institute of Chartered Accountants of Nigeria ICAN Idaho Community Action Network ) Suite helps organizations rapidly assemble and deploy enterprise-scale end-user applications built on existing systems and infrastructure to dramatically improve business operations. SeeBeyond has more than 1,850 customers worldwide, including ABB, ABN Amro, BHP Billiton, The Cleveland Clinic, The Dial Corporation, DuPont, Florida Power & Light, Fluor Daniel, Fujitsu, General Motors, Hewlett-Packard, Pfizer, Samsung, Sprint, Sutter Health and United Healthcare. For more information, please visit www.seebeyond.com. SeeBeyond is a registered trademark of SeeBeyond Technology Corporation SeeBeyond Technology Corporation (formerly Software Technology Corporation) was a software company listed on the NASDAQ stock market (NASDAQ: SBYN). On 28 June 2005 the sale of the company for $387m to Sun Microsystems was announced; the deal was completed by August. . eGate is a trademark of SeeBeyond Technology Corporation. All other brands or product names are trademarks of their respective owners. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion