webMethods' Service-Oriented Architecture Helps Superpartners Become The Leading Fund Administrator in Australia
October 10 2005 - 9:30AM
PR Newswire (US)
Firm Improves Operational Efficiencies, Reduces IT Costs and
Secures Greater Process Visibility by Using webMethods to Transform
Legacy Applications into Orchestrated Web Services FAIRFAX, Va.,
Oct. 10 /PRNewswire/ -- webMethods Inc. (NASDAQ:WEBM), a leading
business integration and optimization software company, today
announced that Superpartners, the leading Australian superannuation
administrator with over 5.2 million member accounts and AUS$42
billion in funds under administration, recently completed its
implementation of a new IT infrastructure leveraging components of
webMethods Fabric(TM). By standardizing and consolidating its IT
operations on the webMethods Enterprise Services Platform(TM),
Superpartners is now able to deploy application functionality as
fully-orchestrated Web services within a comprehensive
service-oriented architecture (SOA), which increases operational
flexibility, reduces integration costs, and enhances end-to-end
process visibility. The financial services firm has credited the
project with helping it to win Australia's largest industry
superannuation fund, the Australian Retirement Fund (ARF) with more
than 600,000 members, due to Superpartners' enhanced abilities to
easily integrate the fund's existing workflows and processes. "We
had been working to win the ARF contract for several years, but
previously, our technology architecture had let us down," said Gary
Evans, CIO, Superpartners. "To be competitive, we needed to
demonstrate a clear strategy moving forward, underpinned by the use
of world class technology. This included an integration strategy
that would allow new systems to be deployed as required whilst
leveraging the existing legacy system. Thanks to webMethods Fabric,
we were able to do so." Superpartners provides administrative
services, such as bulk contribution processing, fund take-ons,
benefit processing, insurance and claim management, member
communications, and customer relationship management, for more than
390,000 employer accounts. With its focus on integrating,
assembling and optimizing end-to-end business processes, the
deployed components of webMethods Fabric have provided
Superpartners with the ability to automate and streamline
significant aspects of these extensive operations. The adoption of
the webMethods Enterprise Services Platform as a centralized SOA
platform for the enterprise has also had a significant impact on
Superpartners' IT operations. Specifically, by exposing IT assets
as Web services, the firm has been able to greatly expand its reuse
of existing components, which reduces development and maintenance
costs while improving performance. To date, thirty to forty percent
of existing interfaces and Web services have been reused across
additional functions. Overall, company officials estimate that the
project has allowed them to cut integration costs by about a third
compared with previous approaches. From an operational perspective,
Superpartners' IT team has been able to reduce its resource
commitment to day-to-day application maintenance, as developers
have shifted their focus to leveraging Web services as a means for
more quickly and flexibly deploying business logic to address
specific requirements. A key focus of these efforts has been in the
development of composite applications allowing end-users to take
advantage of a number of new self-service features, including
extended visibility into real-time account status. The expectation
is that customers will eventually be able to manage and process 50%
of their transactions themselves. "The nature of the contract award
meant that Superpartners needed to meet a very aggressive
integration schedule for taking on the additional ARF accounts,"
said Andy Wilkinson, senior vice president and General Manager,
Asia-Pacific/Japan, webMethods Inc. "By providing them with an
'off-the- shelf' SOA platform encompassing a portfolio of
pre-defined services and proven scalability, webMethods Fabric
ensured that Superpartners was able to meet this challenge. Equally
important, it has positioned the firm well for future wins by
providing Superpartners with the streamlined ability to develop and
deploy new business processes at a significantly reduced cost."
About webMethods, Inc. webMethods (NASDAQ:WEBM) provides business
integration software to integrate, assemble and optimize available
IT assets to drive business process productivity. webMethods
delivers an innovative, enterprise-class business integration
platform that incorporates proven integration technology with next
generation capabilities into one interoperable set of tools that
delivers a unique combination of efficiency, agility and control.
webMethods combines industry leadership with a zealous commitment
to customers to deliver tangible business value to more than 1,300
global customers. webMethods is headquartered in Fairfax, Va., with
offices throughout the U.S., Europe, Asia Pacific and Japan. More
information about the company can be found at
http://www.webmethods.com/. The webMethods name and logo are
registered trademarks, and webMethods Fabric, webMethods Enterprise
Services Platform and webMethods Workflow are trademarks, of
webMethods, Inc. All other marks mentioned are trademarks or
service marks of their respective companies. DATASOURCE: webMethods
Inc. CONTACT: John Conley of webMethods, +1-703-460-5996, Web site:
http://www.webmethods.com/
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