Banque Privee Edmond de Rothschild signs with Ness for database conversion

Source: Ness Technologies

Ness Technologies, Inc. (NASDAQ: NSTC), a global provider of information technology solutions and services, today announced that it has been mandated for a conversion project with Banque Privee Edmond de Rothschild, one of Switzerland's most prestigious private banks.

Under the terms of the contract, Ness Technologies has been mandated to convert the bank's core banking systems from IBM's Information Management System (IMS) database environment to IBM's DB2 Universal Database. The project is being conducted as part of the bank's J2EE and Websphere strategy.

The project will be executed in close collaboration with Ness' Application Migration Center. Productive use of DB2 is programmed for the last quarter of 2005.

"The conversion to DB2 will enable Banque Privee Edmond de Rothschild to better deploy technologies such as Web services," said Patrick Schindler, Head of IT Development, Banque Privee Edmond de Rothschild, adding that "the new DB2 environment will be far better suited to the development of innovative applications."

"In this project, we combine our local presence and knowledge of the financial services market with our technical expertise to deliver the best solution to Banque Privee Edmond de Rothschild," said Bernard Ferber, Managing Director of Ness Switzerland. "We decided to assign this mission to Ness' Application Migration Center due to the group's extensive experience in conversions between various platforms and operating systems."

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