SBYN Seebeyond Technology Corp (MM)

SeeBeyond (Nasdaq:SBYN), provider of the world's first fully Integrated Composite Application Network Suite (SeeBeyond ICAN Suite) for advanced integration and composite application solutions, today announced it has teamed with document management and integration services provider Braintribe and financial services consulting firm Teconomic to offer a Service-Oriented Architecture (SOA)-based solution offering to the financial sector. This modular offering, Content Service Platform for Finance, will allow banks, insurers and financial services providers to access the content held in their disparate applications and easily develop support for new business processes. This standards- and services-based solution offering unites leading Enterprise Content Management (ECM) and Enterprise Content Integration (ECI) technologies to enable the rapid development of new business services and processes by leveraging existing IT infrastructure investments. With the collective solution offering, there is no need for organizations to replace existing enterprise applications or security systems, and there are no time-consuming and costly migration efforts needed. The solution offering includes integration services, system services and Business Process Management (BPM) capabilities leveraging the SeeBeyond ICAN Suite. The Content Services module -- which covers standard ECM and content integration functions, methods and expanded functions such as lifecycle and records management, and Multilingual Services -- are based on the Content Service Platform from Braintribe. Consulting services provided by Teconomic will include the respective sector-specific business process expertise, which is closely linked to customer-centric processes and applications. "This will be the first automated solution in the market which combines a platform for integration, business process management and the development of composite applications with the benefits of a modern ECM and content integration system," added Stefan Ebner, CEO, Braintribe Group. "For customers this means they will benefit from a fully integrated solution with fully integrated core processes." "A key benefit of this solution offering is the fact that banks, insurance and financial services providers can initially implement restricted scope projects with the knowledge that the solution may be easily expanded at any time," said Ian Hill, senior vice president and general manager of EMEA for SeeBeyond. "This offering matches our holistic approach to the design of business and data architectures," said Rudolf Gunz, CEO at Teconomic. "With the Content Service Platform for Finance, business processes may be modelled simply and at the same time very effectively." SeeBeyond, Braintribe and Teconomic will be presenting the solution offering at a number of upcoming events. More information about the events can be accessed via the companies' corporate website event pages. About Teconomic AG Teconomic AG, founded in July 2002 by Rudolf Gunz, offers business integration services to customers in the financial sector. We gained our in-depth knowledge and experience via many substantial integration and SWIFT projects for private and large banks as well as insurers. Our references include AIG Private Bank, Bank Coop, Bank Julius Bar, Bank Vontobel, Credit-Suisse, Fiat-GM Powertrain, UBS Global Asset Management and Winterthur Life & Pension. Teconomic AG has partnership agreements with SWIFT, Telekurs Financial, as well as SeeBeyond and Braintribe. Our deep knowledge in questions regarding Financial standards has been acquired over the years through active participation in national and international standards groups. The services of Teconomic AG range from Business Analysis regarding Architecture and Design, to IT Project management and technical implementation. We understand the critical points of integration of business and technical processes. We support our customers during all phases of development of business cases and ideas and deliver solid and capable IT solutions. About SeeBeyond With more than 15 years of software innovation and real-world experience in integrating systems across Global 2000 organizations, SeeBeyond (Nasdaq:SBYN) delivers the industry's first integrated composite application network built on a comprehensive integration platform. The SeeBeyond(R) Integrated Composite Application Network Suite(TM) helps organizations rapidly assemble and deploy enterprise-scale end-user applications built on existing systems and infrastructure to dramatically improve business operations. SeeBeyond has more than 2,000 customers worldwide. A sampling of SeeBeyond's clients in the financial services industry include American International Group, Inc. (AIG), AXA Financial, Banca IMI, BNP Paribas, Clearstream, Hypovereinsbank, KBC Securities, Liberty Mutual, Nicholas Applegate Capital Management, Northern Trust, Standard Bank, Samsung Life Insurance, Transamerica Life Insurance Company, UBS Global Asset Management and Zurcher Kantonalbank. For more information, please visit www.seebeyond.com. SeeBeyond is a registered trademark of SeeBeyond Technology Corporation in the United States and select foreign countries. SeeBeyond Integrated Composite Application Network Suite is a trademark of SeeBeyond Technology Corporation. The absence of a trademark from this list does not constitute a waiver of SeeBeyond Technology Corporation's intellectual property rights concerning that trademark. All other brands or product names are trademarks of their respective owners.