Derbyshire Building Society integrates core processes with Tibco
01 April 2003 | 2942 views | 0
The UK's Derbyshire Building Society has contracted with Tibco Software for the supply of an integration framework to connect silo-based processes and improve operational efficiencies across its core business.
The Society says the integration solution will be used to streamline processes including mortgages, savings and investment, insurance, purchasing, internal fiscal reconciliation and business-to-business.
Keith Pattison, head of e-business, Derbyshire Building Society, says: "Our systems have been built over a number of years and as a result were very silo-based. Our aim has been to get everything working together, without losing the investment in our legacy systems."
Under the contract, Tibco will integrate mortgage, additional advance processes and pre-completion in a phased implementation. The vendor says it has already completed an integration framework platform for the Society's mortgage operation, which has reduced backlog, simplified application processing and increased volumes.