Business Services Industry
Crosskey Banking Solutions Chooses MKS for Application Lifecycle Management Worldwide
Business Wire, Feb 6, 2006
WATERLOO, Ontario -- MKS Inc. (TSX:MKX) announced today that Crosskey Banking Solutions, a supplier of state-of-the-art banking computer systems for small and medium-sized banks, and a wholly owned subsidiary of the Bank of Aland in Finland, has selected MKS Integrity to enable application lifecycle management (ALM) across the company's distributed and iSeries environments. Crosskey Banking Solutions develops cost-effective banking systems that allow personalised banking service, including modules for front-office, back-office and E-banking.
Crosskey has invested in MKS's ALM solution to improve development efficiency while supporting the creation of custom banking solutions for multiple customers. MKS Integrity will allow Crosskey to transition to task-based change management from its existing file-based version management system, better integrating change requests with the development process, and enabling a more structured software release process. After an evaluation of the market, Crosskey chose MKS for its broad and highly integrated ALM support spanning distributed and iSeries platforms.
"Our business model is based on adaptation and re-labelling of a standardised system core, which allows our customers to efficiently deliver banking services under their own brand. Systems are designed by Crosskey uniquely to fit each customer's brand image and wishes, while sustaining short implementation times and low development costs. MKS's application lifecycle management solution allows us to manage ongoing change to multiple systems in a highly orchestrated, organised and efficient way," says Niklas Ekebom, Specialist, Crosskey Banking Solutions.
About MKS
MKS is the premier provider of application lifecycle management solutions for the global 1000. MKS's solution spans from requirements management to deployment providing customers with enhanced development productivity, visibility over processes, and improved IT controls for regulatory compliance. MKS's software is distinguished by its single architecture and deep integration of features delivering collaboration throughout the development lifecycle, rapid implementation and low total cost of ownership. Founded in 1984, MKS serves more than 10,000 customers in countries across the world. Whether through deployment of MKS's solution strategically on an enterprise scale, or by leveraging individual components to solve project-level challenges, our customers can use MKS's software to enable higher levels of process maturity, better manage global development activity and safeguard their most critical business applications and software assets. Under its widely known MKS Toolkit brand, MKS also provides UNIX-Windows co-existence and system administration that significantly cut development and administrative costs and reduce time to market, while enabling enhanced performance. More information about MKS can be found at http://www.mks.com or by calling 1-800-265-2797 (US & Canada), 49-711-351775-0 (Germany), 44-1483-733900 (United Kingdom) and 1-519-884-2251 (Rest of World).
Copyright (C) 2005 MKS Inc. MKS, MKS Integrity Suite, and MKS Toolkit are trademarks or registered trademarks of MKS Inc. All other trademarks mentioned in this release are the property of their respective owners.
This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect the Company's current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made including those factors detailed from time to time in filings made by the Company with Canadian securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Although the Company believes the expectations represented by such forward looking statements are reasonable, there can be no assurance that those expectations will prove to be correct. The Company does not intend and does not assume any obligation to update these forward-looking statements.
MKS Inc. (TSX:MKX)
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics


