Korea Exchange Bank (KEB) is deploying California-based Vitria Technology's business process integration software to support its next generation banking system.
The bank will use Vitria:BusinessWare to integrate data, applications, business processes and customer contact channels - both internally and externally - to ensure data passes seamlessly between legacy and newly built systems.
Vitria says the technology will also enable the real-time posting of transactions and facilitate more streamlined record keeping.
In-Gook Cho, head of the system management team at Korea Exchange Bank, says: "An infrastructure built on Vitria:BusinessWare will enable us to better serve our customers by providing the foundation for a robust integration and BPM environment, enabling efficient streamlined business processes and a real-time view of our customers' financial transactions."
The vendor will collaborate with LG CNS, a Korean systems integrator that specialises in financial services, for additional engineering and consulting resources to complete the project.
KEB's new banking system is scheduled for full deployment by mid-January 2005.