System Access, a leading global financial software provider of customer-centric universal banking solutions and an Oracle Certified Partner, last week has announced the alignment of its entire IT infrastructure on Oracle to reap the significant cost and productivity benefits.
System Access expects the tight integration of its banking solution suite - SYMBOLS - with Oracle technology and applications to deliver the significant benefits to the customers. The ease of procurement, implementation and maintenance of a single, integrated SYMBOLS system built on the Oracle technology stack will effectively lower the total cost of ownership (TCO) and increase return-on-investment (ROI) for banks that opt for a complete financial IT infrastructure from System Access.
As the banking industry has evolved over the years, so has System Access by enhancing its solutions to meet the dynamic requirements of customers. During their evolution, the solutions have incorporated various technologies from Oracle. System Access, at the forefront of using Oracle Technology, is keenly aware of the benefits of utilising the GRID technology.
"To do otherwise would have been a game of increasingly unattractive cost-benefits and inefficiency," said Aravinth Kumarasamy, Senior Vice President, System Access. "We decided that constant, never-ending integration was not the way forward, as complexity would never be reduced. We wanted to build our applications based on an information architecture and technology infrastructure that could stand the test of time and change."
System Access reviewed options from several vendors but determined that the Oracle Information Architecture approach offered a powerful combination of effective consolidation and flexibility. This approach would enable System Access to build a data-centric computing environment that would reduce fragmentation, improve efficiencies, lower computing costs, and enable flexible growth.
Instead of multiple data stores and a heavy reliance on integration to glue their "suites" together, Oracle's single data schema approach for all applications offers a powerful way of reducing complexity, instead of merely managing it. Other advantages include the ability to allow easy, standards-based integration with existing systems and applications. -PR
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