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Financial Synergy first Asia Pacific ISV partner to be engaged by IBM Technology Review Board |
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by press-release
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Tuesday, 17 July 2007 |
Australian superannuation and investment services software developer, Financial Synergy announces that it has undertaken its first intensive collaborative workshop with IBM’s Technology Review Board (TRB) program.
Financial Synergy was the first ISV from Asia Pacific to be included in the TRB program at the Rochester Executive Briefing Center (REBC), in Minnesota during May 2007. Involvement will directly accelerate Financial Synergy’s R&D program for enhanced scalability, ease-of-use, e-commerce capability and security in its market leading Acurity solution for superannuation, investment and post-retirement products. TRBs are only offered to select ISVs/ PartnerWorld members who have or will have a System i5 solution in the marketplace and have a commitment to drive IBM System i5 revenue or deploy IBM Software Group products on System i5. "Participation in the TRB gives our ISV community access to the skills and expertise of the IBM team in Rochester. By providing ISVs opportunities for advanced education and architectural support, IBM demonstrates it commitment to greater business partner collaboration, offer genuine business value and contribute to the success of its ISV community," says Rod Duce, Country Manager, IBM ISV and Developer Relations. TRBs usually have two segments. The first segment included technology discussions about recent IBM System i5 announcements and future directions. The second and more detailed segment was used for in-depth architecture, technology, strategy and project plan discussions. The TRB meeting provided an opportunity for a collaborative effort between IBM and Financial Synergy in order to facilitate advanced education, architectural support and motivation in the effort of integrating and deploying Acurity technology on the IBM System i5 platform. “It is a great honour and significant development opportunity for us to be included in IBM’s TRB program,” Mr. Jason Carter, CIO of Financial Synergy said. “There are many benefits to Financial Synergy’s clients from this exercise. It signifies a clear endorsement by IBM of the potential for our Acurity solutions to deliver cutting edge technological foundations for large and small superannuation fund managers. “Acurity has a proven track record as a solid and scalable technology for the financial services industry. With the advent of IBM’s TRB commitment to Acurity’s development we will be able to take the solution to the next level and expand our already solid market share of Australian superannuation and investment fund management systems.” The TRB session provided unprecedented insight into the products and strategies that surround System i5 as well as reviewing technology capabilities and trends that are shaping the financial services industry. By participating in the strategy session, Financial Synergy has been able to review business and technical goals, objectives and opportunities for the Acurity solution. As a result, a joint action plan has been developed to determine the optimal approach for enhancing current and future Acurity solutions and services offerings. Working closely with IBM will help facilitate Financial Synergy’s ongoing commitment to provide cutting edge solutions that reduce the cost of administering funds for fund managers and financial services providers. “By taking a fresh look at our architecture and working closely with IBM’s development strategy, we now have a clear roadmap to serve our product development objectives for the next 10 years,” Mr. Carter said. “We also have almost unprecedented access to the highest quality technical resources to allow us to fast-track development at a rate we may never have achieved without the support of IBM. “We also now have the opportunity to take customers direct to IBM development facilities for training, background and insight into the i5 technology platform. We can develop integrated action plans with our customers and IBM to define incremental steps that integrate new System i5 technologies to improve productivity and enhance customer solutions.” About Financial Synergy
Financial Synergy is a leading provider of solutions to the superannuation and investment services industry. Proven reliability and performance and over 25 years experience in the superannuation and financial services sectors give Financial Synergy solutions the security, flexibility and efficiency to contend with today’s challenges. For more information www.FinancialSynergy.com.au. About AcurityAcurity delivers a cost-efficient single system solution for superannuation, investment and post-retirement products. Successfully installed at over 50 client sites, Acurity is used to administer business ranging from small boutique funds to some of Australia’s largest industry and corporate funds, unit trusts, master trusts and wrap accounts. For more information www.Acurity.com.au. About IBM Technology Review Board (TRB):Technology Review Board (TRB) meetings are one-on-one meetings held in Rochester, MN between an Independent Software Vendor (ISV)/ PartnerWorld member and a tightly integrated team of IBM System i5 technology consultants with the specific purpose of educating, architecting, exciting and supporting ISVs/ PartnerWorld members in their efforts to integrate and deploy System i5 technologies in their product and service offerings. TRBs are only offered to select ISVs/ PartnerWorld members who have or will have a System i5 solution in the marketplace and have a commitment to drive IBM System i5 revenue or deploy IBM Software Group products on System i5. Press Contact Information
Financial Synergy
Melena Birtles
Marketing and Communications Manager
Tel: (03) 9654 1399
Email:
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Web: www.FinancialSynergy.com.au
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