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Banco Caminos taps Magic Software for IT integration

17 February 2011  |  2521 views  |  0 Source: Magic Software Enterprises

Magic Software Enterprises Ltd. (Nasdaq:MGIC), a global provider of cloud and on-premise enabled application platforms and business integration solutions, today announced that Banco Caminos, a well-known private Spanish bank, chose Magic Software's iBOLT to integrate its IT systems.

Banco Caminos uses Magic Software's uniPaaS to develop all of its core business and internet banking applications. Now, the bank chose to implement iBOLT, Magic Software's integration solution, to integrate and unify its heterogeneous IT applications thereby optimizing and simplifying all the external and internal business processes.

Vicent Escorihuela Ferrer, CIO at Banco Caminos, explains, "Magic Software solutions, both the uniPaaS application platform and iBOLT integration suite, help us to quickly and easily adapt ourselves to the constantly evolving banking regulations, facilitating for instance the implementing of new norms. This allows us to be highly competitive and capable of proposing tailor-made services to our customers. And at the same time, we're able to strictly monitor the risks."

"We are very pleased with Banco Caminos's choice to add iBOLT to its arsenal of Magic Software products and appreciate the company's ongoing trust in our technology. Magic Software's technology will provide Banco Caminos with the latest capabilities in application development, deployment and integration, including the ability to build rich internet and cloud-based applications, and integrate these with other solutions without extensive coding," said Guy Bernstein, acting Chief Executive Officer of Magic Software.


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