Press release
Fortis Bank Poland benefits from GridwiseTech's advice
The greatest challenge that banks face every day is the extensive volume of complex calculations. This hampers the undertaking of operational decisions and increases the risk of taking inappropriate actions. Of equal significance and complexity are the procedures of periodical data processing and reporting. "The issue is important, because bottlenecks in banking systems have a direct relation to how effectively these institutions function," says Paul Piller from GridwiseTech. "The solution to this problem lies in employing grid technologies to ensure scalability of the IT infrastructure. The benefits are not merely the enhanced processing power and reduced costs of software and hardware, but also lower operational risks in the event of malfunctioning."
The project will help Fortis Bank Poland to lower the costs of supporting and delivering reports. Another benefit will be the higher quality of reported and source data. What is more, the usage of grid technologies enables on-demand scaling of the current IT infrastructure.
"The Platform Process Manager considerably simplifies the migration processes between the developer server, the test server and the production server. It also makes it possible to manage any jobs, not only the jobs processed in the SAS environment, and facilitates the creation of process flow schedules," says Zdzislaw Dec, manager of the Information Platform project at Fortis Bank Poland.
GridwiseTech
ul. Chrobrego 28/4
31-428 Krakow, Poland
tel./fax. +48 12 294 71 20
Press Contact:
Lukasz Wilczynski
mobile: +48 516 036 036
lukasz.wilczynski@gridwisetech.com
About GridwiseTech
GridwiseTech is the vendor-independent expert in scalable solutions helping customers in speeding up data processing, removing application bottlenecks and building complete scalable systems. The company introduce modern concepts of Grid, virtualization, service-oriented architecture (SOA) and application-driven portals. GridwiseTech offers management consulting as well as comprehensive technical assistance in integration of multi-vendor components.
The company is present in Europe, Asia and the US, serving a wide variety of clients ranging from Fortune Global 500 companies to small and medium enterprises, to research and government agencies. For more information please visit www.gridwisetech.com.
About Fortis Bank
Fortis Bank Polska SA supports domestic and international corporate customers and individuals. The bank’s stock is listed on the Warsaw Stock Exchange. The bank operates a network of 46 offices in the largest Polish cities, employing over 1600 staff. Fortis Bank Polska’s strategic shareholder is the Belgian Fortis Bank, holding 99.10% of the total stock. More information at: www.fortisbank.com.pl.
Fortis Bank SA/NV is a member of Fortis Group, an international financial institution operating in banking and insurance markets. The group’s market capitalisation is EUR 50.9 billion (15/10/2007) and the group employs 60 thousand staff worldwide, which places Fortis among the twenty largest financial institutions in Europe. Fortis Group is the leader in financial services in their home market, that is Benelux, offering a wide range of financial services targeted at private individuals, businesses and public sector institutions. Fortis Group operations outside Benelux focus on selected market segments. Fortis is listed on stock exchanges in Amsterdam, Brussels. More information at: www.fortis.com.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fortis Bank Poland benefits from GridwiseTech's advice here
News-ID: 33870 • Views: …
More Releases from GridwiseTech
Lighting sector market leader steers business in real time
Unplanned downtime, human error or damaged equipment? Kanlux, one of the largest Polish distributors of lighting products, is now protected from the risk of losing invaluable business data. In their headquarters, GridwiseTech recently implemented a highly available system based on Oracle GoldenGate.
At the core of the system is real-time data integration technology: Oracle GoldenGate. It enables business data to be stored in many locations simultaneously. All changes made in…
GridwiseTech talks on HA and business continuity
As the importance of business data increases, smart investment in IT infrastructure is ever more crucial to a company’s success. How to build stable and IT systems that maintain business continuity and stay within budget? Pawel Plaszczak and his team will discuss this question on May 27th at the 'Data safety and accessibility. Business continuity' conference.
GridwiseTech’s survey of the medium-size enterprise segment uncovered the five dominant investment directions at the…
GridwiseTech revolutionizes data management
Today, GridwiseTech has developed AdHoc, an advanced framework for sharing geographically distributed data and compute resources. It simplifies the resource management and makes cooperation secure and effective.
The premise of AdHoc is to enable each member of the associated institution to control access to his or her resources without an IT administrator’s help, and with high security level of any exposed data or applications assured.
It takes 3 easy steps to establish…
GridwiseTech shares database speedup know-how
Today, GridwiseTech released Effective Manager’s Guide: Database Speedup. It is a comprehensive analysis of the most efficient techniques and methods for speeding up data processing, described with reference to their potential business benefits. It can be downloaded at gridwisetech.com
The Database Speedup white paper summarizes GridwiseTech’s six years’ of experience in dealing with application bottlenecks and scalability challenges for its clients. It presents methodologies for improving database performance with detailed commentary…
More Releases for Fortis
A Fashion Show by Fortis Hospital, Vashi
“FORTIS WALK THE TALK”, a mega fashion show was organized by Fortis Hospital, Vashi at the Imperial Banquet. Hall, Raghuleela Mall on 9th July 2011. Sixty Senior citizens who have recently undergone joint replacement surgeries walked the ramp in this grand event in celebration of life and their increased agility post the surgical intervention. Unlike many others, this unique fashion show was not aimed at any glamour quotient or for…
direct/ FORTIS (BE) - 5 August - Joint statement ABN AMRO and Consortium of RBS, …
ABN AMRO and the Consortium of RBS, Santander and Fortis have noted and discussed the recent media reports about the current offer situation.
The Consortium accepts the assurances by ABN AMRO that Mr Groenink was misquoted as having given advice how to vote to Fortis Shareholders which in fact he did not.
Furthermore ABN AMRO and the Consortium have agreed to continue a constructive dialogue to resolve any outstanding questions…
direct/ FORTIS (BE) - Fortis shareholders to vote on 6 August on proposed offer …
Fortis - together with Royal Bank of Scotland and Banco Santander - intends to launch a public offer for 100% of the issued and outstanding share capital of ABN AMRO Holding N.V. As of Monday 2 July, Fortis will invite its shareholders to Extraordinary General Meetings of Shareholders (EGMs) to be held on 6 August 2007 in order to allow them to vote on the proposed offer for ABN AMRO…
direct/ FORTIS (BE) - Fortis, RBS and Santander/Proposed Offer for ABN AMRO
Proposed Offer for ABN AMRO of EUR38.40 per ABN AMRO Share[1]
PRESS RELEASE
OVERVIEW OF PROPOSED OFFER
(Details of each Bank´s plans are also set out in separate announcements accompanying this document)
29 May 2007
Superior value for ABN AMRO shareholders
Significant benefits for customers and employees
29 May 2007- Fortis, RBS and Santander (collectively, the "Banks") Offer Superior Value for ABN AMRO Shareholders, Significant Benefits for Customers and Employees
* PROPOSED OFFER VALUES ABN AMRO AT EUR38.40…
direct/ FORTIS (BE) - Press Release 25 May 2007 - Fortis, RBS and Santander Anno …
In view of the forthcoming bank holidays on Monday 28 May in the Netherlands, Belgium and the UK, Fortis, RBS and Santander (collectively, the "Banks") intend to make an announcement on Tuesday 29 May rather than Sunday 27 May as previously indicated clarifying whether or not, and if so under what circumstances, the Banks will make an offer for ABN AMRO.
----------------------
This announcement is made pursuant to article 9b(1)…
direct/ FORTIS (BE) - Fortis Intertrust at first international event under new n …
IFA Congress 2006 in Amsterdam
Fortis Intertrust will hold its first international hospitality event under its new name at this year´s Congress of the International Fiscal Association, which will take place in Amsterdam from 17 to 21 September. During the congress, Strand Zuid will feature the Fortis Beach, with access solely for Fortis Intertrust guests.
Arnoud Bernelot Moens, Director Global Marketing Fortis Intertrust says: ´We see this event as a…
