Press Releases

Fiorano SOA seamlessly integrates cloud applications and core trading platforms at UK's leading technology provider for Financial Services

For initial projects SSP, UK uses Fiorano ESB to rapidly integrate a Cloud CRM application and achieve real time data synchronization with UK's MID


LOS GATOS, California, June 8, 2010 – Fiorano Software (www.fiorano.com), pioneer in peer-to-peer distributed integration, today announced that its highly scalable SOA Platform has been deployed by SSP UK, a leading technology provider to the top global insurance and financial services companies, with over 50,000 users across 50 countries.

SSP had a complex infrastructure with Managed Services and back-end software solutions, highly secure 24x7 data center operations and a mixture of hardware and software architecture. To keep within budget, they needed an SOA Platform with linear system scalability, so supporting their tens of thousands of end-users would not require additional hardware. In addition, component reusability was critical to cut out expensive custom coding and to enable near real-time compliance with constantly changing industry regulations applicable to their customers.

Starting with an evaluation of IBM, Oracle, Microsoft and Fiorano as well as an option to develop in-house, SSP finally selected Fiorano. SSP's decision criteria to standardize on the Fiorano SOA Platform Architecture was two-fold: (1) Fiorano ESB's ability to rapidly integrate cloud-based applications (including salesforce.com) and extensive data with SSP's API layer, ensuring integrity of back end data and its availability in real-time; and (2) Ease of integrating their extensive and complex supply chain involving customers, brokers and insurance companies. In both criteria, Fiorano emerged as a clear winner in SSP's evaluation process.

"As very active users of Fiorano's latest software, we are delighted to find that we have become masters of reuse of components within our projects. We no longer have to code from scratch which has reduced cost and allowed us to offer more services to our clients. In fact, our services model has expanded and our integration projects have become easier. Our clients of course benefit from this level of integration to our core platforms", said Christopher Ward, Technical Program Manager, SSP.

Fiorano was initially deployed at a large UK Broker to integrate its cloud CRM, Salesforce.com, enabling the client to have fully synchronized data in all solutions; the resultant single source now allows Management to have visibility of crucial data which has been transformed into intelligence. The Client no longer has to re-key data, driving down costs too.

At the next project at an Insurance company, the Fiorano SOA powered SSP Solution provided near real-time updates to the UK Motor Insurance Database (MID), enabling the client to cut costs while complying with mandated regulations relating to MID. The police actively use MID, making millions of enquiries each month in an effort to reduce the number of uninsured drivers on the road.

"Fiorano's architectural differentiation has always made it an easy to use, rapidly deployable product. SSP has successfully used it to integrate with salesforce.com, a leading cloud based CRM application, validating the flexibility of this Platform to perform in multiple environments. This is what wins the business of customers and gives them an extensible platform with recurring returns achieving a significant ROI ", said Atul Saini, CEO, Fiorano Software.

About SSP (www.ssp-uk.com)

SSP is a UK based technology provider specializing in Insurance & financial services. SSP has a massive customer base including 20 of the top 50 global insurers, 30 of the top 50 UK brokers & 4 of the top 10 UK financial advisers. With almost 50,000 users, over 30 per cent of all UK full-cycle electronically traded business is transacted through SSP solutions, making it one of the most trusted names in the financial services sector today.

About Fiorano

(www.fiorano.com)

Founded in 1995, Silicon Valley based Fiorano is a California Corporation with proven leadership in enterprise middleware and peer-to-peer distributed systems. Fiorano's innovative event-driven SOA platform integrates applications and complex technologies into an enterprise nervous system, increases business process performance, yields higher message throughput and enhances availability through agent-based visual composition that bridges the capability gap between business models and their implementation – the model is the application, ready to run.

Global leaders including ABN AMRO, Boeing, British Telecom, Chicago Mercantile Exchange Group, McKesson, NASA, POSCO Steel, Qwest Communications, Rabobank, Schlumberger, Lockheed Martin, United States Coast Guard and Vodafone have deployed Fiorano to drive innovation through open, standards-based, event-driven SOA applications built in just days, yielding unprecedented productivity.

Fiorano Enterprise Service Bus (ESB) and Fiorano Message Queue (MQ) deliver the industry fastest, lowest latency, highest throughput real-time messaging (asynchronous and synchronous) to power high performance, highly available, and collaborative workflow applications whose application services are distributed throughout the IT landscape. Fiorano's distributed, peer-to-peer agents abstract complexity of developing and deploying services to unlock value in a customer's enterprise architecture framework.

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