[January 27, 2016]

UBS Selects AppDynamics to Help Drive Operational Efficiencies Across Core Banking Systems -- Digital Transformation a Primary Goal

AppDynamics, a leading application intelligence company, today announced that global financial services firm, UBS, has signed an agreement to expand its use of the AppDynamics Application Intelligence Platform across its critical applications and execute on its digital transformation initiatives.

Following an extensive competitive evaluation, UBS has selected AppDynamics to deliver end-to-end visibility across its complex application environment, helping their Production Services and development teams to proactively identify issues before they impact business critical services.

The decision to deploy AppDynamics across hundreds of applications throughout UBS' global business units supports the bank's ongoing program to update the platforms used by customer-facing and internal banking services to a more flexible private cloud model. To enable success, UBS required a robust APM (News - Alert) solution with the goal of delivering flawless performance across its entire application estate.

The initial AppDynamics deployment with UBS' Securities Operations team has enabled the team to spot and fix critical problems in minutes, rather than days, deliver a fourfold reduction in the number of alerts and a cut in staff onboarding time from one month to just one day. One of the highly complex services that AppDynamics will be used to support is Neo, a portal platform designed to give up to a million UBS clients a seamless, more efficient way to collaborate, analyze, trade and manage assets by the end of 2016.

"Using AppDynamics we have been able to improve the speed at which we identified and remediated application issues, as well as avoid incidents in the first place," said Paul McEwen, CIO of infrastructure services at UBS. "As part of our integrated monitoring strategy, the AppDynamics platform helps us achieve some of our strategic IT goals - updating our platforms, increasing stability, boosting operational efficiency and agility and creating a consistent user experience across all of our services."

"Digital transformation is a top priority for global financial institutions with many firms looking to reduce the complexity of existing IT systems through adpting cloud and mobile technologies. The ways in which customers access banking services continue to evolve, making the performance of applications mission critical. UBS is a pioneer in the use of digital services and we look forward to increasing our work with the firm to help deliver application excellence whilst ensuring a seamless experience for its customers," said Jeremy Duggan, vice president of EMEA at AppDynamics.

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About AppDynamics

AppDynamics is an application intelligence company that provides enterprises with the next generation of APM software to monitor, manage, analyze, and optimize customer experiences and the most complex software environments behind them. Built for the needs of today's software-defined businesses, our Application Intelligence Platform delivers a real-time, end-to-end view of application performance to help companies more effectively compete and win in their markets, realize higher customer satisfaction, increase revenue, and lower costs. Many of the world's largest and most iconic brands choose AppDynamics to accelerate their digital transformation and improve their customer experiences, including Citrix (News - Alert), Concur, DIRECTV, eHarmony, Kraft, MTV Networks, NASDAQ, Pearson, Progressive Insurance, and Sephora. For more information visit appdynamics.com.

About UBS

UBS is committed to providing private, institutional and corporate clients worldwide, as well as retail clients in Switzerland, with superior financial advice and solutions while generating attractive and sustainable returns for shareholders. Its strategy centers on its Wealth Management and Wealth Management Americas businesses and its leading universal bank in Switzerland, complemented by its Asset Management business and its Investment Bank. These businesses share three key characteristics: they benefit from a strong competitive position in their targeted markets, are capital-efficient, and offer a superior structural growth and profitability outlook. UBS's strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates. Capital strength is the foundation of its success.

AppDynamics is a registered trademark of AppDynamics, Inc. © 2008-2016 AppDynamics, Inc. All rights reserved. All other product and company names herein may be trademarks of their registered owners.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160127005193/en/

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