News

DataMatrice™ chosen as the preferred data management tool for Bank DnB Nord, Denmark

DataMatrice™ has been selected by Bank DnB Nord to handle all data management also used by the bank as engine to handle various data transformation needs for interfaces to financial data warehouse and other systems and regulatory bodies.

With unique abilities to configure business rules for data extraction from various systems, transform them into required formats and exchange them with other systems and external environments the bank aims to make considerable savings on development and fine tuning cost associated with data handling.

ProcessMate® completes Chiphopper program and is "Ready for IBM systems with Linux"

ProcessMate^® has successfully completed the IBM Systems Application AdvantageTM for Linux (Chiphopper) program which is designed to help ISV's in porting, testing and supporting existing Linux applications on other IBM systems and middleware platforms

DataMatrice™ 2.0 released

DataMatrice™ 2.0 with upgraded capabilities for rule building and configuration for ease of configuration of data transformations released.

ProcessMate®listed in IBM global solutions directory

ProcessMate^® has been listed now in the global solutions directory of IBM. Global Solutions Directory is the IBM repository of Business Partner offering information.

ProcessMate® 3.0 released

ProcessMate^® 3.0 with SOA capabilities, business rule configurations and process designing capabilities released.

DataMatrice™ selected for handling data transformation for Migration of data

DataMatrice™ has been selected by a large Nordic branch for migration from their legacy systems to the new core banking system being implemented. Our team will also render professional services in analysing and handling the entire migration activities for the bank from end to end. This is will happen in stages beginning with one country and is set to roll out for all the countries that the project aims in accomplishing - which is slated to last over the next 18 - 24 months.

IDEALINVENT retained for consulting on multi country core banking implementation

IDEALINVENT has been retained by a large Nordic bank for its multi country core banking implementation. This project focuses on implementing FLEXCUBE for the banks presence across six countries and we would be participating in the implementation spanning these countries.

IDEAL INVENT AB incorporated in Sweden

Based out of Stockholm, IDEAL INVENT AB will be the hub for our European operations and be the origination centre for all sales activities in Europe. This will greatly help us in catering to the immediate requirements of our customers to fulfil both Solutions and Consulting division projects.

Largest Saving Bank in Spain uses DataMatrice™ as the data transformation tool for offshore branch

DataMatrice™, from IDEALINVENT, has been successfully implemented as the data transformation tool with Everis, an integration company in Spain. DataMatrice™ is being used by the largest saving bank in Spain in two installations to comprehensively handle all data transformation requirement that include local clearing, regulatory reporting and head office reporting. The implementation is being done by Everis as project integrator and IDEALINVENT.

ProcessMate® certified on the IBM platform

IDEALINVENT collaborated with IBM Innovation Center for business partners to enable ProcessMate^® on multiple IBM platforms. On successful completion of Websphere porting exercise on System x and System p platforms, ProcessMate^® was deployed for cross platform testing. IDEALINVENT also successfully performed performance testing on the ProcessMate^® product on critical business parameters. Concurrent login, operations on entities and operations on processes were performance tested and were certified on IBM platforms.

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