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Standard Chartered Bank Standardizes on Parlano MindAlign for Presence and Enterprise Instant Messaging Infrastructure
CHICAGO & LONDON --(Business Wire)-- Aug. 31, 2004 -- - Leading Global Financial Institution Replaces Jabber Infrastructure with MindAlign -
Parlano, Inc., a leading provider of intelligent enterprise instant messaging solutions, today announces that Standard Chartered Bank has standardized its presence, individual and group instant messaging infrastructure on Parlano MindAlign.
Replacing previously deployed presence and messaging solutions including Jabber, Standard Chartered Bank's Wholesale Bank operations sought a scalable, intelligent application framework for the integration and management of time-sensitive information and communications for employees in more than 50 countries. The impact on Standard Chartered Bank's operations has been immediate.
"In just over a week we installed MindAlign and rolled it out to over 700 users in Europe, Asia, Africa and North America. Within two weeks the solution paid for itself on the profit of a single trade as traders from different continents were able to communicate and coordinate activities using persistent group discussions matching the banks market making activities," says Mike Rees, chief executive officer, Standard Chartered Bank's Wholesale Bank. "The rapid adoption and expansion of our presence and instant messaging infrastructure required a strong partner, one willing to provide the product foundation, customization tools, development cycles and end-to-end support required of a mission critical application. We are very pleased with our selection of Parlano and MindAlign - a part of our corporate strategy across the entire Wholesale Bank."
Since its initial deployment, the use of MindAlign within Standard Chartered Bank has expanded to more than 2,000 active desktops worldwide. MindAlign enables the bank to communicate and coordinate group and individual communications and access the Bank's award winning research across multiple continents, maximizing the banks market making activities. From London to Botswana, all locations receive faster access to more intelligent information and applications, including a proprietary options pricing application, than previously possible with Jabber, e-mail and phone.
"Establishing itself as the leading financial institution across Asia, Africa and the Middle East, in countless rapidly developing countries, is no small task. We are honored to have been selected as a critical partner for Standard Chartered Bank," stated Nick Fera, chief executive officer for Parlano. "Standard Chartered Bank has been an active member of and valuable contributor to the Parlano and MindAlign community from the beginning of our relationship. We look forward to contributing meaningfully to their continued success."
"We continue to see similar trends within the market space where organizations are choosing MindAlign for the solutions robust business functionality and using internal resources to integrate information, processes and back office systems unique to their operations," said Robert Serr, chief technology officer for Parlano. "In this way, internal development resources are adding value at a level where they can create a competitive advantage versus building and supporting core functionality."
About Parlano, Inc.
Parlano is a leading provider of intelligent enterprise instant messaging solutions that improve the visibility of, and access to, people and information across organizational and geographic boundaries. Parlano's MindAlign enterprise messaging application delivers instant, intelligent, persistent group and topic-based messaging to securely connect employees, customers and partners with the right people, information and context to execute business processes more efficiently. Companies including ABN AMRO, ANZ, Group1 Trading, Standard Chartered Bank, UBS, West LB and others rely on Parlano to utilize messaging as a strategic business tool. Backed by Golden Gate Capital and Oak Investment Partners, Parlano supports its customers and partners from its worldwide headquarters in Chicago, Illinois and EMEA headquarters in London.
For more information, please visit www.parlano.com or contact us at our HQ in Chicago at (866) 727-5266 or (866) PARLANO or at our EMEA office on +44 (1342) 301920
Parlano, MindAlign and the Parlano MindAlign logo are registered trademarks.
All other company and product names may be trademarks of their respective owners.
Copyright (C) 2004 Parlano, Inc.
All rights reserved.
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