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ORACLE OPENWORLD, SAN FRANCISCO
19-SEP-2005 08:00 AM
Thanks to Oracle technology and Accelior Consulting
expertise, ING Lease Belgium, part of the ING Group, today enjoys all the
benefits of a Service-Oriented Architecture (SOA); increased capacity,
reactivity and agility enable the company to keep on growing rapidly and
integrate product innovations easily.
To automate business processes and improve overall
process efficiency, Oracle partner Accelior implemented at ING Lease Belgium a
leasing automation solution using its Work Process Manager (WPM) framework. The
WPM is built on top of Oracle(r) BPEL Process Manager, a component of Oracle
Fusion Middleware, and brings many benefits to ING Lease Belgium such as a
process execution time decrease from days to hours, more contract volumes
managed within existing resources and a real-time, graphical view of the
business and its processes.
"Leasing companies are facing fierce competition. The
market is consolidating and we're confronted with decreasing asset values and a
reduced markup," said Jean-Simon Cornélis, Managing Director at ING Computer
Lease and IT & Organization Director at ING Lease Belgium. "To increase
profitability, we need to differentiate ourselves through enhanced services and
a better offering. However, we can no longer depend on cost reduction as we've
squeezed out whatever was possible over the past few years. Further streamlining
business processes and increasing business efficiency is the key to improve our
margins. Oracle BPEL Process Manager and the leasing automation solution
Accelior has implemented enable us to do just that."
Significant Business Benefits
From Accelior WPM
Accelior's Work Process Manager is based on a robust
infrastructure that will fit in any financial services environment, easily
meeting demanding technical requirements such as security, high-availability and
scalability. This end-to-end lifecycle automation platform provides a clear view
on any activity from offering to contract execution, however complex a
transaction might be. It automates the generation of key documents such as
offers, orders and contracts, and generates bar codes to easily track documents
through the operation lifecycle. It eases the changing of operational procedures
and the creation of new product offerings quickly and easily. The solution
deployed at ING Lease is also highly flexible due to the technology stack used:
Oracle Application Server 10g, Oracle Database 10g, Oracle XML/DB and Oracle
Grid Control 10g.
"The WPM framework brings Business Process Management to
the financial services industry and offers ING Lease Belgium the opportunity to
extensively use modern, standard integration technologies, enabling them to
reuse and leverage existing systems," said Geoffroy de Lamalle, the Solutions
Architect at Accelior responsible for the project. "With the help of Oracle
Fusion Middleware, Accelior delivers integration technologies that enable
companies to rapidly adopt and deploy SOAs, which facilitate the development of
enterprise applications as modular business services that can be easily
integrated and reused, creating a truly flexible, adaptable IT infrastructure.
We can then exploit the unique capabilities of Oracle BPEL Process Manager to
deliver WPM's graphical Business Process Management capabilities."
"We believe that WPM will help position ING Lease
Belgium for further business growth," said Oracle's Managing Director of Oracle
Belgium, Xavier Verhaeghe. "It will enable them to expand operations without
raising the cost of operation and increases internal efficiency as well as
customer service quality."
Oracle BPEL Process Manager is part of Oracle Business
Integration, a comprehensive offering designed to meet the various challenges
customers face when integrating enterprise systems and applications while moving
to an SOA and enterprise Grid infrastructure. According to a Morgan Stanley
survey of CIOs, published on Dec. 15, 2004, integration is one of the top
priorities for IT departments in 2005. With Gartner placing integration costs at
40 percent of the total cost of application development and maintenance,
integration technology and SOAs are increasingly important elements of IT
strategy. Oracle BPEL Process Manager and the company's ecosystem of partners
are delivering complete and reliable solutions that help customers maximize
return on their IT budgets and realize the benefits of SOAs.
About ING Lease
Belgium
ING Lease Belgium is one of the largest leasing
companies in Belgium. ING Lease Belgium is fully owned by ING Lease Holding
making it member of the ING group, itself one of the world's major actors in the
field of integrated financial services.
ING Lease Belgium's activities center wholly and solely
on financial and operating (with or without services) leasing. A pioneer in its
sector, ING Lease Belgium is an innovating force and created, amongst other
products the real estate leasing. Known and recognized for its professionalism
and creativity, it has become a reference on the Belgian leasing market.
The ING Lease group is structured by product type. This
favors dynamism and adaptability, and allows ING Lease Belgium to stay at the
leading edge of each market segment whilst developing products designed for its
customers specific requirements.
ING Lease Belgium has its own sales force but also
enjoys synergies with ING Belgium. ING Belgium, with its network of 14
headquarters and about 1000 branches is the ideal tool for a wide distribution
of ING Lease Belgium products. For more information about ING Lease Belgium
visit our Web site at http://www.inglease.be
About
Accelior Accelior is an independent
European cross-industry technology-specialist specializing in Business Process
Automation, Middleware and Service Oriented Architecture with customers in
Europe and North America. Accelior provides services in Architecture,
Development and Support and structures the services to reflect its customer's
specific needs and requirements. For more information about Accelior visit our
Web site at http://www.accelior.com
About Oracle Oracle
(NASDAQ: ORCL) is the world's largest enterprise software company. For more
information about Oracle, please visit our Web site at
www.oracle.com
Trademarks Oracle, JD
Edwards, and PeopleSoft are registered trademarks of Oracle Corporation and/or
its affiliates. Other names may be trademarks of their respective owners.
The above is intended to outline our general product
direction. It is intended for information purposes only, and may not be
incorporated into any contract. It is not a commitment to deliver any material,
code, or functionality, and should not be relied upon in making purchasing
decisions. The development, release, and timing of any features or functionality
described for Oracle's products remains at the sole discretion of Oracle.
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