Fuente: © Software AG
http://www.softwareag.com/

Raiffeisen und UNIQA choose Software AG’s webMethods suite to support new business opportunities

/noticias.info/ * Entering new customer markets in Eastern European
* Swift implementation of M&A program
* Utilizing new business locations and new working practices in an expanded European Union
* Faster time to market for new services in established markets
* Cost-effective implementation of new industry regulations

The Raiffeisen Banking Group and UNIQA Insurance Group have chosen Software AG’s webMethods product suite to help their IT departments support multiple new business opportunities. Liberalization of the financial services markets in Europe and the expansion of the European Union have presented the two companies with the opportunity to significantly extent their partnership. UNIQA has expanded rapidly throughout Central and Eastern Europe, with the company now serving 20 international markets, including 14 where it has partnered with Raiffeisen. As well as the opportunity of addressing new customers, this expansion also provides the challenge of rapidly integrating new acquisitions. In addition, new, open and liberalized EU markets presented the opportunity of reducing operational costs through near-shoring some business activities as well as gaining market share through the rapid introduction of new products and services. Both companies have availed of these opportunities while also implementing new industry regulations.

Raiffeisen and UNIQA have partnered with Software AG since 2001 in the implementation of a Service-Oriented Architecture (SOA) infrastructure to provide the agility, efficiency and accountability needed for IT to fully support business strategy. “We did our homework over the last five years”, said Georg Hahn, General Manager of Raiffeisen Software Solution und Service GmbH. “and have consistently gone in the direction of SOA”. The alternative was to migrate to a common platform, “an investment of 400 man-years”, said Karl Unger, Executive Board member of the UNIAQ insurance Group, “and a development freeze lasting two to three years”. notas_de_prensa_archivo