Orlando, Fla., November 7, 2005 - At its global customer conference in Orlando today, SunGard announced that it is changing how its product development teams build software. SunGard's financial systems business is adopting a new paradigm for collaborative software development patterned on the Open Source model which enables its product development teams around the world to share, contribute to, and leverage each other's work.
Underpinning the new paradigm is a technology framework-a vendor-agnostic service-oriented architecture (SOA), based on mainstream open standards, that enables discrete components from SunGard's product portfolio to be plugged together to form configurable, composite applications. The technology framework has been in development since 2002 and has been used by SunGard to deploy applications such as WealthStation, a workstation for financial advisors serving high-net worth individuals, and referencePoint, an enterprise solution for managing reference and market data.
The Common Services Architecture (CSA)-comprising both the collaborative development process and the technology framework-is being rolled out across the whole of SunGard's financial systems business, including its offshore development centers and consulting services. There are currently more than five hundred SunGard employees actively working with CSA.
Ron Lang, chief product officer of SunGard's financial systems business, commented, "CSA represents a significant shift in our approach to how we build software which is aimed squarely at helping our customers to gain more value from their investment in our products and services. Simply put, it is a smarter way to develop smarter applications. Up till now, SunGard has developed software in distinct silos focused on specific business processes. Now our product development teams are sharing their intellectual property, best practices and expertise for the benefit of all of our customers. Already CSA is generating cost savings and efficiencies that are helping us to focus more of our development resources on addressing new product and customer requirements. CSA will help our customers benefit from faster time-to-market, easier integration and platform independence of SunGard applications."
Mr. Lang continued, "Our next step is to engage our customers and partners to bring CSA to them. We expect to set up a customer and partner advisory board in 2006 to determine the best ways to make the CSA technology framework available to them. We encourage our customers to obtain the CSA plans from their SunGard account manager or product specialist."
About SunGard's Common Services Architecture (CSA):
CSA represents a new paradigm for collaborative software development within SunGard. CSA is two things. First, it's a collaborative development process-a way of creating software that allows SunGard product development teams around the world to share, contribute to, and leverage, each other's work. Second, it's a technology framework-a vendor-agnostic service oriented architecture (SOA), based on mainstream open standards, that enables discrete
components from SunGard's product portfolio to be plugged together to form
configurable, composite applications. Simply put, CSA is a 'smarter way to
develop smarter applications.'