Micro Focus Teams with CSC to Deliver Comprehensive Software to Banking Industry
Announcement posted by Micro Focus 13 Jan 2012
Micro Focus (LSE:MCRO.L), the leading provider of enterprise application modernisation, testing and management solutions, has announced that CSC (NYSE: CSC), a global leader in providing client business and technology- enabled solutions and services, is using Micro Focus technologies to offer end-to-end enterprise software for banking, cards, payments and lending across a broader range of platforms and operating systems.
CSC’s Celeriti suite makes use of Micro Focus Server Enterprise Edition, which allows customers to select fit for purpose operating platforms based on their particular total cost of ownership, security, high availability and transaction volume requirements. Using Server Enterprise Edition, Celeriti is able to provide Linux, UNIX and Windows platforms for midsize and small banks, third-party processors, and global banks wanting multiple, in-country deployments using a single codebase. This flexibility provides CSC customers with a competitive edge by decreasing time-to-market and reducing overall risk.
“Micro Focus solutions help us deliver configurable, top-tier software functionality to banks of all sizes on a cost- effective platform,” said Paul Leadbetter, CTO, CSC’s Banking and Credit Services Division. “Our collaboration enables CSC to extend its offering to a broader range of platforms and meet varying banks’ cost, security and infrastructure requirements.”
“When banks decide to implement a new IT solution, it is critical that they exploit rich functionalities on a stable, cost-effective platform,” said Bruce Craig, country manager Australia and New Zealand, for Micro Focus. “We have worked closely with CSC to develop solutions that enable small and mid-size banks to run their core business software on the platforms of their choice to support ongoing innovation and long-term growth.”
Celeriti features a number of technology innovations including a Web portal that extends Web 2.0 technologies to the front and back office and provides a richer end-user experience through dynamic content delivery and personalisation. Reusable SOA business processes and Web services enable easier integration and maintenance of systems, which allow banks to standardise their business processes across delivery channels to improve customer service. Celeriti’s business intelligence component and data warehouse centralise data across the enterprise, allowing banks to drive business strategies based on actionable information. Celeriti also includes business rules and parameters to rapidly launch new products and services, modify business processes and respond to regulatory and compliance mandates.
Micro Focus Server Enterprise Edition provides the deployment environment for applications that have traditionally functioned only in a mainframe environment to operate on a broader range of platforms. This solution ensures that existing mainframe applications can be made available with little or no change to underlying code.
About CSC in Financial Services
More than 1,200 major banking, insurance, investment and wealth management, and securities firms rely on CSC's global financial services team to turn their ambitions into realities. With a track record for delivering software, consulting, and IT and business process outsourcing and services at scale, CSC brings a deep understanding of the financial services business and a collaborative culture to one of the industry's most engaged client communities. For more information, visit www.csc.com/financialservices.
About CSC
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 97,000 employees and reported revenue of $16.2 billion for the 12 months ended September 30, 2011. For more information, visit the company's website at www.csc.com.
About Micro Focus
Micro Focus, a member of the FTSE 250, provides innovative software that allows companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernisation, Testing and Management software enables customers’ business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. For additional information please visit www.microfocus.com