Welcome!

Recurring Revenue Authors: Elizabeth White, Yeshim Deniz, Zakia Bouachraoui, Pat Romanski, Xenia von Wedel

News Feed Item

Credit Suisse Unifies IT Infrastructure on Three Continents Using BEA Technology

'JavaAP' supports 'One Bank' strategy of Credit Suisse

BARCELONA, Spain, Oct. 2 /PRNewswire-FirstCall/ -- BEAWorld -- BEA Systems, Inc. , a world leader in enterprise infrastructure software, today announced that Credit Suisse is creating a unified, global IT infrastructure using BEA WebLogic(R) Server and BEA WebLogic(R) Portal. This strategic program, named 'One Bank,' is an important step in the Swiss bank's transformation into an international financial services provider. The project is focused on the roll-out of the Java Application Platform (JavaAP) in Europe, Asia and the USA. With this project, Credit Suisse plans to achieve competitive advantages for its IT based services and products.

Time and cost savings with a unified application infrastructure

Credit Suisse currently uses a Java Application Platform in its Zurich headquarters, which manages approximately 250 applications. The core of this J2EE-based platform is BEA WebLogic Server. An important advantage of the BEA technology is the strong support for industry standards, which enables the integration and portability of applications, as well as easy integration with third party software, peripheral and backend systems. To help ensure the worldwide adoption of all Credit Suisse applications in the future, the company has decided to implement JavaAP across its operations in Asia and America. BEA WebLogic Server can help ensure the needed stability and performance necessary for a broad enterprise deployment.

"The rollout of the platform is currently being realized in New York. The rollout for Singapore has been processed successfully in only one year -- including the pilot installation," explains Roger Suess, Global Head Web Enterprise Platforms, Technology Infrastructure Services, Credit Suisse.

"Now, we can develop an application anywhere and use it worldwide," describes Suess. "In the past everything had to be reprogrammed three times or developed from scratch before we were able to use an application at a new location."

Through centralized planning, the development costs are expected to decrease significantly in the future and the operational costs will be much lower. A rough estimation shows that the project cuts down several months of infrastructure development and implementation time, which represents a considerable cost savings.

Similar branding for all services with a standard portal framework

Credit Suisse is also moving towards a unified IT infrastructure with the adoption of an innovative portal solution. Users who are currently using a variety of different portals as their front-end interface will be migrated to the BEA WebLogic Portal framework. The new portal solution will help generate significant cost savings because numerous small, partly self-developed solutions will be replaced with one standard solution.

This unified solution also simplifies global branding efforts and makes the fast combination of new services for customers and employees possible. Suess explains, "All of the services are available over the new portal internationally in a standardized look and feel. This ensures the delivery of high quality services in every country." Right now Credit Suisse is converting the first major applications over to BEA WebLogic Portal.

With the worldwide JavaAP rollout and the unified BEA portal solution, Credit Suisse is working towards a unified IT infrastructure. This project represents a trend-setting and ground-breaking initiative and for the bank a potential competitive advantage in the marketplace. The Technology Infrastructure Services department will be able to deliver an end-to-end solution for the bank and to manage its application platform centrally. This can generate significant savings compared to other solutions, where IT must manage separate business-oriented infrastructure units individually.

"At Credit Suisse there is no more integration overhead or barriers to portability," says Suess. "We are extremely satisfied with BEA WebLogic Server as the core or our Java platform. In the near future we will migrate to the latest version of BEA WebLogic Server to benefit from new developments and innovations being delivered by BEA."

For more information about BEA WebLogic Server and BEA WebLogic Portal, visit http://www.bea.com/weblogic.

About Credit Suisse

As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 45,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Further information about Credit Suisse can be found at http://www.credit-suisse.com/.

About BEA Systems, Inc.

BEA Systems, Inc. is a world leader in enterprise infrastructure software. Information about how BEA is enabling customers to transform their businesses by building a Liquid Enterprise(TM) can be found at bea.com

Copyright 1995-2007, BEA Systems, Inc. All rights reserved. BEA, BEA AquaLogic, BEA eLink, BEA WebLogic, BEA WebLogic Portal, BEA WebLogic Server, Connectera, Compoze Software, Jolt, JoltBeans, JRockit, SteelThread, Think Liquid, Top End, Tuxedo, and WebLogic are registered trademarks of BEA Systems, Inc. BEA Blended Application Development, BEA Blended Development Model, BEA Blended Strategy, BEA Builder, BEA Guardian, BEA Manager, BEA MessageQ, BEA microService Architecture, BEA SOA 360, BEA Workshop, BEA WorkSpace 360, Signature Editor, Signature Engine, Signature Patterns, Support Patterns, Arch2Arch, Arch2Arch Advisor, Dev2Dev, Dev2Dev Dispatch, Exec2Exec, Exec2Exec Voice, IT2IT, IT2IT Insight, Business LiquidITy, and Liquid Thinker are trademarks of BEA Systems, Inc. BEA Mission Critical Support, BEA Mission Critical Support Continuum, BEA SOA Self Assessment, and Fluid Framework are service marks of BEA Systems, Inc. All other company and product names may be the subject of intellectual property rights reserved by third parties. All other trademarks are the property of their respective companies.

For more information: http://uk.bea.com/

BEA Systems, Inc.

CONTACT: Sarah Atkinson of BEA Systems, Inc., +44-1494-559695,
[email protected]

Web site: http://uk.bea.com/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...