Sybase presented Middleware Banking Solution, Financial Fusion at e-Bank 2002

During the course of the exhibition opening, Sybase announced the latest financial middleware solution - Financial Fusion, ranked as no. one by Celenet Communication worldwide as the best financial middleware System that helps financial services organizations migrate to component architecture by providing all services, integration links, and support for protocols that financial services organizations need as part of their application framework.

"However, This solution provides a common framework that offers all the tools that financial institutions need to accelerate their application development while remaining compliant with the existing and emerging industry standards." Added Lara Kayali

"Sybase Financial Fusion Server is the only middleware based on Java servlet technology, It has all the flexibility and scalability to run multiple segments like banking, brokerage and insurance plus multiple channels like PDAs, pagers and PFMs, all from a single-source. " said Ayman Al Jounaidee, Senior Consultant, Sybase Middle East.

Sybase highlighted Financial Fusion business values and emphasized on the Easy back-end integration as it enables seamless connectivity and easy integration into virtually any core-processing environment. It offers complete back-end connectivity to major RDBMSs through Sybase EnterpriseConnect family of products and to applications through standard messaging protocols including MQ Series, TIBCO, CORBA, JMS, etc.

Transaction Security is a very important issue that been focused on and tackled heavily by Sybase, as Financial Fusion Server builds transaction functionality that is secure for the financial institution and the end users. Sybase has embedded 128-bit encryption and Secure Sockets Layer (SSL) 3.0 protocol in the core code. This is the strongest industry standard allowed under US federal law. And finally highlighted the cost-saving business value as a single financial server from Financial Fusion can run multiple financial segments like Retail Banking, Corporate Banking, EBPP, loans and insurance; multiple channels like PFM software, pagers, PDAs and palmtops; and multiple retail channels like ATMs, SMS and VRUs.

Regional banks are rapidly realizing the business market need for migrating their systems to be customer-centric banking systems that allow them to join front-office customer interaction with middle office operations and back-office transaction processing for retail, lending, trade finance, treasury, and investment and this is where Sybase Financial Fusion expertise lies in integrating all operations, core banking application with current and future applications.