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StructureIT Relies on OpSource On-Demand to Streamline Financial Process Management
Santa Clara, Calif., July 6, 2009 -- OpSource™, the leader in Web operations, today announced that StructureIT, a leading financial software consultancy, has successfully deployed OpSource On-Demand™ to streamline and advance financial process management. StructureIT offers software and consulting services that help financial institutions, including Deutsche Bank and Spain’s Santander Bank, manage, administer and report on transactions. StructureIT chose OpSource On-Demand to provide the infrastructure for its solutions because of OpSource On-Demand’s unmatched reliability, security and credibility in the Software-as-a-Service (SaaS) marketplace.
“The financial market has changed dramatically in the last few years, and control and transparency are more important than ever. Although we have a successful traditional software business, we wanted to move to a SaaS model because of the great scalability and immediacy that an on-demand solution can bring to help meet these new market requirements,” said Tim Liddle, director, StructureIT. “However, when you are working with some of the world’s largest financial institutions, you need to be able to guarantee that your service is not only going to be reliable, it is going to be secure. After reviewing multiple provider options, we chose OpSource On-Demand as only OpSource brought us both the quality of service and the level of industry leadership that made our customers feel comfortable.”
OpSource On-Demand offers the compliance, robust security, cost-effective pricing and scalability that StructureIT needed to bring financial giants to the on-demand world. In addition, OpSource SaaS Escrow--a service and business guarantee that enables SaaS companies to insure their customers that their applications will remain up and running even if the SaaS companies themselves should no longer be financially able to service them—gives StructureIT customers that extra degree of security which is so important to the financial industry.
“StructureIT’s use of on-demand technology to revolutionize financial process management is the perfect example of how SaaS implementations can streamline and improve established business processes,” said Treb Ryan, CEO, OpSource. “We are pleased to partner with StructureIT to help the financial industry bring greater transparency and timeliness to their billions of transactions.”
About OpSource On-Demand
A comprehensive, award-winning Web operations solution, OpSource On-Demand enables Software-as-a-Service (SaaS) and Web companies to quickly and securely deliver their applications and services over the Web to consumers and businesses alike. Going far beyond full-featured managed hosting, it includes the application management, compliance and business services that are necessary for on-demand business success. OpSource On-Demand includes:
Technical Operations
• Best-in-class, scalable software, hardware and network infrastructure
• World-class data center facilities
• Redundant carrier class load balancing architecture
• In-depth 24x7 monitoring, security, and management procedures backed by SAS-70 Type II audits
• Built-in high availability solutions from simple clustering to wide-area disaster recovery
Application Operations
• Data management
• Performance management, including multipoint user-experience monitoring
• Application roll out and change management
• Application optimization
• Compliant infrastructure, processes and procedures including: SAS 70 Type II audited, HIPAA and PCI DSS compliance and salesforce.com and WebEx certifications
Business Operations
• OpSource Billing™ - An end-to-end subscription management, metering and payment stand-alone solution, or as part of OpSource On-Demand
• OpSource Connect™ - A Web services infrastructure and integration toolset, for application integration in the "Cloud" and behind the corporate fire-wall
• OpSource End-User Support™ - 24x7 customer branded end-user support
• OpSource Analytics™ - A real-time application and customer usage information, and health of business analysis and reporting tool
About OpSource
OpSource™ delivers Software-as-a-Service (SaaS) and Web applications for on-demand companies, with hundreds of applications, millions of users and billions of transactions supported daily. OpSource On-Demand™, the leading Web operations solution, is defining how Web-based software is delivered. By choosing OpSource as their Web application delivery partner, companies are freed from investing in and managing the complex and costly infrastructure and services necessary to deliver applications over the Web. They can instead focus their resources on developing, marketing and selling their applications and services. Further, by using OpSource Connect™ companies can leverage Web services such as OpSource Billing CLM™, OpSource Analytics™ and OpSource End User Support™ and integrate their applications with other SaaS applications over the Internet as well as with enterprise applications behind the corporate firewall. OpSource On-Demand is suitable for companies at any stage of growth, with any type of on-demand application.
Headquartered in Santa Clara, Calif., OpSource has Web application delivery centers in Virginia, London and Bangalore. For more information about OpSource, visit opsource.net.
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OpSource, OpSource On-Demand and the OpSource logo are trademarks of OpSource, Inc. All other trademarks and company names mentioned are protected by their respective owners.
For additional information, please contact:
Eileen Conway
OpSource, Inc.
650-245-9015
