Autonomy chalks up five more banking clients

Autonomy chalks up five more banking clients

Autonomy has announced a series of new customer wins in the banking and finance sector, including Lloyds TSB, Lehman Brothers, DG Bank, Landeszentralbank Bayern (LZB) and the Zurcher Kantonalbank (ZKB).

The new clients bring to 13 the total number of financial sector customer wins reported by Autonomy over the past five months; others include ABN Amro, Dresdner Kleinwort Wasserstein, HSBC, Lloyd's of London, Royal & SunAlliance, Fireman's Fund, Nomura and Zurich Financial Group. Autonomy's e-infrastructure software helps large organisations to manage corporate information resources more effectively.

In the UK, Lloyds TSB is to use Autonomy to automatically make sense of vast volumes of information including office documents, PDFs, Web pages and intranet content. Similarly, US investment bank Lehman Brothers has selected Autonomy's Portal-in-a-Box technology to automate information management at its strategic IT department.

Portal-in-a-Box is also being used by Germany's DG Bank to manage large volumes of information relating to banking practice and regulations, in order to make these resources more transparent to employees. The implementation at DG Bank was carried out by German banking services specialist BIK, in turn a customer of Autonomy's German partner SEC Consulting.

Landeszentralbank Bayern (LZB), a Bavarian division of the German Bundesbank, is also using Autonomy's Portal-in-a-Box and Active Knowledge technologies to aggregate, categorise, hypertext link, personalise and deliver business information, in both English and German, initially to over 150 users. The information will be drawn from multiple sources, including office documents, intranet content, the Web, newsfeeds and Lotus Notes databases.

ZKB, Switzerland's third-largest bank, has selected Autonomy for an enterprise implementation that delivers automatically hypertext-linked information to employees to keep them informed of both internal information and industry-related issues.

Mike Lynch, founder and group CEO of Autonomy, comments: "Companies must face the fact that the amount of unstructured information in the enterprise is doubling every ninety days. Companies cannot afford to neglect their core business while manually managing this information."

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