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SmartStream Banks on Informatica to Accelerate Customer ROI  

From the Press Release -

Informatica Corporation (Nasdaq: INFA), the leading independent provider of data integration software, today announced that SmartStream Technologies, a leading provider of software to the financial services industry, is OEMing the Informatica PowerCenter data integration platform as part of its flagship Transaction Lifecycle Management (TLM) solutions.

In making Informatica PowerCenter the foundation of its SmartStream TLM Business Integration (TLM BI) offering, SmartStream is empowering those customers with complex data environments to accelerate the return on investment of their TLM deployments through the high-performance and cost-effective integration of data involved in transaction cycles.

“The increasing drive to streamline global banking practices means our software needs to manage highly complex and rapid transactions across platforms and different banks. By using Informatica, rather than continually creating bespoke data interfaces, we can enable a faster ROI while freeing our professional services teams to provide more value to customers,” said Neil
Vernon, head of SmartStream’s Product Management Group. “We selected Informatica to power TLM BI following an evaluation where they scored highest against our key criteria of usability, reusability and performance. In addition, it was critical that TLM BI have the focus and support of a recognized best-of-breed vendor such as Informatica.”

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Written by Guru Kirthigavasan

June 17th, 2008 at 6:02 am

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