Credit Andorra is implementing technology from California-based SeeBeyond in order to support its migration to a new IT infrastructure.
SeeBeyond says its Integrated Composite Application Network (ICAN) Suite will allow the bank it to gradually adapt its IT infrastructure and implement new applications while minimising the associated cost and risks.
The ICAN suite is used for developing and managing business processes as composite applications. SeeBeyond says the system minimises the cost, time and risk of retiring legacy systems and migrating to new applications.
Credit Andorra says it will use the SeeBeyond technology to streamline its middle-office infrastructure and replace existing point-to-point interfaces.
Joan Canet, IT director for Credit Andorra, says: "Our first project with SeeBeyond 5.0 has incorporated the migration of our credit card payment system as well as our ticketing and gateway system to the HP-Unix environment, which included the integration of the transactions into the IBM VSE back-end systems."
Canet says the SeeBeyond technology also allows the bank to achieve full visibility and audit capabilities across all business processes and transactions.
Credit Andorra claims a 62% share in the retail banking market and 74% share of the corporate banking market in the Principality of Andorra.