SWIFT Embraces Meaning-Based Computing for its Website, Intranet and Extranet
Cambridge, UK and San Francisco, Calif. - November 24 , 2008 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise today announced that the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of secure financial messaging services and the acknowledged leader in international standards-setting for the financial industry, chose Autonomy to power its corporate website, www.swift.com, Intranet and Extranet. Autonomy's core infrastructure software the Intelligent Data Operating Layer (IDOL) was chosen after a competitive procurement owing to its unmatched conceptual capabilities, scalability and mapped security model.
Unlike legacy approaches, Autonomy's unique Meaning-Based technology can understand the meaning of content from any format including email, audio and video and identify patterns between disparate pieces of information thus boosting efficiency and helping avoid duplication of effort to drive genuine ROI. IDOL indexes in excess of 15 million documents daily and enables over 2,000 SWIFT employees and over 8,600 customers such as banks, brokers and investment professionals to benefit from instant access to sought-after documents, real-time alerts to pertinent information and a single-point access to content stored across distinct repositories and geographical boundaries.
"As a leading services provider for the financial community, SWIFT consistently strives to enable its customers to automate financial transactions by employing cutting edge technology," commented Etienne Castiaux, Head of Information Applications at SWIFT. "The exponential growth of information prompted us to depart from legacy, piecemeal approaches to content management and embrace Autonomy's pan-enterprise platform as the solution capable of meeting SWIFT's requirements to provide both employees and customers with a first-class user experience."
"Autonomy's technology has a solid presence in the financial industry," said Victor Cohen, Regional Manager for Northern Europe at Autonomy. "14 of the top 20 financial institutions and 9 of the top 10 global banks use Autonomy for a variety of business requirement. We are delighted that IDOL has been selected to underpin SWIFT's information strategy."
Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, is spearheading the meaning-based computing movement and was recently ranked by IDC as the clear market share leader in enterprise search with market share nearly double that of its nearest competitor. Autonomy's technology allows computers to harness the full richness of human information, forming a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, pan-enterprise search, information governance, end-to-end eDiscovery and archiving, records management, business process management, customer interaction solutions, and video and audio analysis, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base is comprised of more than 17,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler AG, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. More than 350 companies OEM Autonomy technology, including BEA, Citrix, EDS, H-P, Novell, Oracle, Sybase and TIBCO, and the company has over 400 VARs and Systems Integrators. The company has offices worldwide. The company has offices worldwide. For more information on Autonomy, please visit www.autonomy.com.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
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