ensemble, a provider business and technology solutions for the finance industry and distributor of selected SunGard solutions, has announced that OCBC Bank has chosen SunGard`s business integration MINT Knowledge Solution for its enterprise application integration (EIA) architecture.
"The MINT knowledge solution aids a speedier `time-to-market` providing OCBC bank with a more unified environment for efficient straight-through processing of financial transactions. This applies to its Internet banking, customer relationship management and cash management products,` explains Richard Shaw, director of ensemble.
OCBC Bank`s range of eCommerce product offerings includes TX123, a B2B portal joint venture with Singapore Computer Systems, eSolutions, a series of Bolero.net enabled electronic world trade system; and finatiq, Asia`s first independent virtual bank.
"By using MINT, we are able to remove point-to-point connections and implement an architectural blueprint to standardise interface mechanisms - all without affecting the existing interfaces," adds Teng Soon Lang, head of Information Technology of OCBC bank. "The solution will help avoid having to modify programs whenever any interface is affected, thus reducing effort and enhancing the quality of the interface."
"OCBC bank has selected SunGard Business Interface to facilitate delivery of critical eCommerce services to their customers and partners. The exclusive focus on business integration for financial services yields an effective solution to major challenges such as STP and financial process integration and enables customers, like OCBC, to take a leadership position and gain competitive advantage in the new economy," concludes Shaw.
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ensembl'e
ensemble, established in 1996, is focused on providing business aligned IT Solutions to the Banking and Finance sectors in the Southern African region During 1998, Wang Global Africa (now Getronics) acquired a 51% majority share-holding in ensemble, in order to enhance the offer of its Solution Integration Division. . ensemble`s major technological value lies in its vast knowledge of Relational Databases, Object Orientation, Microsoft technology and the latest Internet and Intranet development tools and packages. With its current structure and alliances, ensemble has access to many IT professionals, best of breed packages and frameworks, countrywide roll-out and deployment, helpdesk infrastructure, as well as a solid financial backbone.