42 Objects Named Founding Member of BEA Financial Services Component Club

By combining 42 Objects’ and BEA’s product offerings, financial institutions worldwide can realise tangible business benefits within an SOA environment. The joint product offering provides an integrated SOA application environment that incorporates domain specific components for the financial services sector. These components are built to a level of granularity that means each application can be more easily tailored to meet specific business and user requirements. The software partnership will be further developed through the BEA Financial Services Component Club, of which 42 Objects is named as founding member. Forty Two Objects’ ‘ontology’ design approach to application development enables financial institutions to build business services cost effectively within a significantly reduced time frame. Known as Service-Oriented Business Applications (SOBAs), 42 Objects’ robust and reusable range of applications can be quickly choreographed using the BEA Business Process Management (BPM) and portal technology to deliver the business content for financial institutions to leverage new-generation technical infrastructures, including the BEA WebLogic Platform. Forty Two Objects’ library of highly-functional business components are pre-integrated within BEA WebLogic. Collectively, 42 Objects and BEA deliver high and early return on investment, improved operational efficiency and significantly reduced development costs and time to market.