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Princeton Softech Provides Enterprise Data Management Siebel Solution for Full-Service Zurich Cantonal Bank.


Zurich Cantonal Bank Cantonal banks (German: Kantonalbank, French: Banque Cantonale, Italian: Banca Cantonale) are Swiss governmental-owned commercial banks, that use the canton that they are based in as guarantee for the assets held there.  Chooses Optim[TM] Siebel[R] Solution to Control Data Growth

PRINCETON, N.J. -- Princeton Softech, the market leader in enterprise data management, today announced that Zurich Cantonal Bank (ZKB ZKB Zürcher Kantonalbank (Switzerland) ), Zurich's leading full-service bank, has selected Princeton Softech Optim[TM] Siebel[R] Solution to help control data growth, optimize storage utilization and speed a planned upgrade from Siebel version 7.5 to 8.0. ZKB will implement Optim to improve data management and operational efficiencies across its Siebel CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  applications and Oracle[R] databases on the 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) [R] AIX (Advanced Interactive eXecutive) IBM's Unix-based operating system which runs on its Intellistation workstations and pSeries, p5, iSeries and i5 server families. [TM] platform.

As Switzerland's largest Cantonal Bank and the third-largest Swiss bank, ZKB relies on its Siebel CRM applications to effectively manage its wealth of customer information. As business expands, so does the amount of customer and business information that must be managed and retained. Continued rapid data growth can strain IT resources, lengthen length·en  
tr. & intr.v. length·ened, length·en·ing, length·ens
To make or become longer.



lengthen·er n.
 maintenance windows and increase expenses. In choosing Princeton Softech Optim, ZKB is taking a proactive approach for managing data growth and ensuring superior services levels.

"We selected Optim because it provides proven enterprise capabilities for managing continued data growth," states Alex Navarrete, Head of Siebel Competence Center at Zurich Cantonal Bank. "Using Optim, we can avoid potential performance and availability issues that stem from storing historical customer data in our Siebel production environment and ensure consistent service levels to satisfy our client and business requirements."

With Optim, companies can segregate seg·re·gate  
v. seg·re·gat·ed, seg·re·gat·ing, seg·re·gates

v.tr.
1. To separate or isolate from others or from a main body or group. See Synonyms at isolate.

2.
 current from historical data and move it to a secure, but easily accessible archive. Siebel databases are streamlined, improving response time for banking service inquiries and requests, while enhancing customer satisfaction. Optim enables companies to align data management with business objectives, from defining retention policies to reducing the time for completing application upgrade projects. Implementing cost-effective tiered storage A data storage system made up of two or more types of storage based on their access speed. For example, magnetic disk and tape or magnetic disk and optical disc are widely used in a tiered storage system. See HSM.  strategies to manage and protect Siebel data ultimately helps organizations control costs, mitigate risks and optimize performance.

"As the market leader in enterprise data management, Princeton Softech strives to meet the evolving data management needs of our clients," explains Paul Winn, chairman, 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.  and president of Princeton Softech. "As companies seek to achieve their business objectives and gain full return on their investment in enterprise applications, we will continue to provide them with the technology they need to manage their enterprise data throughout every stage of its lifecycle."

Founded in 1870, ZKB holds a leading market position in Zurich, Switzerland, providing banking services that support companies and individuals in the most populous of the Swiss Cantons. While ZKB maintains excellent business relations in many important markets, it also cooperates with foreign partner banks.

Princeton Softech enterprise data management solutions are available for Oracle[R] E-Business Suite, PeopleSoft[R] Enterprise, JD Edwards See J.D. Edwards. [R] EnterpriseOne, Siebel[R] applications and Amdocs[R] CRM, as well as all custom applications.

About Princeton Softech

Princeton Softech (www.princetonsoftech.com) provides enterprise solutions that align application data management with business objectives. Its industry leading Optim[TM] solution enables organizations to optimize performance, mitigate risks and control costs. Partnered with the market leaders in business technology, Princeton Softech delivers capabilities that scale and support an enterprise - applications, databases and platforms. More than 2,200 companies worldwide - including nearly half of the Fortune 500 - rely on Princeton Softech's proven solutions to maximize the business value of their enterprise applications and databases.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 5, 2007
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