Monday March 9, 8:00 am Eastern Time
Company Press Release
Bank Papan Selects Informix as Core Database for First Internet Banking in Indonesia
Informix Offers a High-Performance and Scalable Database Solution
MENLO PARK, Calif.--(BUSINESS WIRE)--March 9, 1998--Informix Corporation (NASDAQ:IFMX - news), the leading
provider of innovative database technology, today announced that Bank Papan of Indonesia recently introduced the first Internet
banking service in Indonesia, with Informix(R) Dynamic Server(TM) as the core database.
With this new service, Bank Papan is offering its customers throughout Indonesia the convenience of performing a wide variety of
banking transactions via the Internet, backed by advanced security and ease of operation. By combining the technologies from
S2 Systems Inc., Informix, and Hewlett Packard, Bank Papan's customers can easily check account balances, request
statements, transfer funds between accounts, order clearing payments, and obtain the latest interest rate and currency exchange
information from the comforts of their home, office or anywhere in the world where an Internet connection is available.
Today, financial service and banking organizations of the world are moving away from older, proprietary systems to more
customer-centric and flexible information management systems in order to make a profound impact on business. The phenomenal
growth of Internet technology has facilitated a tremendous opportunity for businesses to create real competitive advantage.
Database of Choice
Recognizing that change is a basic reality of business, Bank Papan selected Informix because it needed a powerful, scalable
database foundation to build an Internet-based online banking application that will give them a competitive advantage today and
into the future. In addition, Bank Papan has developed an in-house application for its mortgage Loan Origination System, using
Informix Dynamic Server as the underlying database for corporate MIS. Known as VLOSity, it stores and processes
information that originates from Lotus Domino. Bank Papan plans to port the VLOSity application to its Web site.
Said Mr. Neil Gamble, technical advisor, Bank Papan, ''We recognize the lower cost per transaction for business done on the
Internet. In these difficult economic times, all businesses are looking to lower their costs. By being the first bank in Indonesia to
offer our clients Internet banking, we are able to pass on these cost savings back to our clients and ultimately benefit our
shareholders. At the same time, we are empowering our clients with control by emphasizing self-service transactions in all service
delivery channels.''
He further added, ''Internet banking is the first phase of our plan to utilize current technology to meet our fast-changing business
environment. Ultimately, we will be linking all of our service delivery channels like ATMs, branch tellers and telephone banking
services as well. Informix technology is the relational database management system of choice, especially for Internet and
Electronic Commerce initiatives.''
Summarizing Bank Papan's strategic decision in favor of Informix for this mission critical operation, Mr. Kris Darwin, vice
president - IT Retail Banking Systems said, ''We have implemented the first object-oriented switching system in the South East
Asian financial industry, and this is based on Informix technology. Using Informix object relational database technology allows us
to rapidly deploy our applications and business rules. This is all done with minimum application maintenance activities. Based on
a benchmark study done internally, Informix technology is definitely much better than any other databases in the market,
regardless of whether we are looking at throughput or price/performance factors. We chose to partner with Informix as it is one
of the clear technological leaders in the UNIX market.''
''The growing success of Informix's suite of products is chiefly the result of our ability to deliver industry-leading database
technology to meet the current and future needs of customers,'' said Mr. Nelson Wong, Informix's business manager for
Indonesia. He went on to add, ''By using Informix's capability to provide a truly interactive experience, Bank Papan is providing
added value to its customer base by bringing home the advantages of online banking.''
About Bank Papan
Bank Papan, formerly a non-bank financial institution which specialized in providing finance for housing, was founded in Jakarta
in 1980. It became a bank in 1993 and was listed on the Jakarta stock exchange in 1994 under the name PT Bank Papan
Sejahtera. Operations are conducted through 11 branches in Jakarta, Medan, Palembang, Bandung, Semarang, Surabaya and
Ujungpandang.
In early 1997, the bank has cooperated with Visa International and launched its credit card operation. The card offers a number
of features such as transferring funds from a credit card to a current account to any bank in Indonesia. It also offers insurance in
the event of a misuse of stolen cards. The bank now employs more than 600 employees and operates a 24-hour call center,
handling up to 4,000 calls a day. Its retail banking and credit card center utilizes a computer/telephone interface system to enable
operators to get all information relating to a client the moment a call is received. To contact Bank Papan, write to Wisma GKBI
26th Floor, Jl. Jend. Sudirman No. 28, Jakarta, 10210, Indonesia; Phone: +6221 572 1999; Fax: +6221 574 1350; or via the
World Wide Web at www.bankpapan.com.
About Informix
Informix Corporation, the world's database technology leader, based in Menlo Park, California, provides innovative database
products that assist the world's major corporations to attain competitive advantage. Informix is widely recognized as the
technology leader for corporate computing environments ranging from small work groups to very large parallel processing
applications. Informix's database servers, application development tools, superior customer service, and strong partnerships
enable the company to be at the forefront of major information technology solution areas including data warehousing, OLTP, and
Web/content management. For more information, visit our Web site at informix.com.
NOTE TO EDITORS: (C)1998 Informix Corporation. All rights reserved. The following are trademarks of Informix
Corporation, or its affiliates, registered in the United States of America, as indicated by ''(R)'' and in numerous other countries
worldwide: Informix(R), Informix Dynamic Server(TM).
Informix news releases are available at no charge through Business Wire's NewsOnDemand fax service. To immediately receive
an index of available releases, call 1-800-356-0851.
Contact:
Informix Software, Inc.
Susan D'Elia, 650/344-1260
103376.2005@compuserve.com
or
Informix Asia/ Pacific Pte. Ltd.
Corine Lee, Singapore 189721
clee@informix.com |
