British Bankers' Association Deploying Hummingbird Enterprise(TM) to Simplify Access to Information in Complex Business Environment |
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Hummingbird Ltd.
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Press release date: November 14, 2005
A Step Forward in Delivering Faster Mobile Services to Consumers
Collaborative workspaces enable efficient communication of information, views and regulatory initiatives to U.K. banking community, streamlining internal business processes
LONDON, England, Nov. 14 /PRNewswire-FirstCall/ -- Hummingbird Summit Europe 2005 Conference - Hummingbird Ltd. (NASDAQ:HUMC)(NASDAQ:TSX:)(NASDAQ:HUM), a leading global provider of integrated enterprise content management (ECM) and network connectivity solutions, today announced that the British Bankers' Association (BBA), the principal trade association for banks operating in the U.K., has successfully deployed Hummingbird Enterprise(TM) to simplify information access for its employees and improve communication with its members.
The BBA is a leading representative body in the financial services sector in the U.K. and has 218 members, as well as many associate members, which fund its not-for-profit activities. The BBA acts as a catalyst for the banking sector, seeking members' views and comment on regulatory initiatives and legislation before making submissions to the Government, European Commission or regulators on behalf of the industry.
The Association uses Hummingbird Enterprise for its advanced document management and collaboration capabilities to address several initiatives including the management and storage of information and documents generated as a business, as well as Web-based and client-facing collaborative workspaces to communicate internally and with association members.
The BBA is also leveraging Hummingbird BI(TM), Hummingbird's leading query and reporting product, to manage and report on the use of the collaborative workspace between users and members.
"With Hummingbird Enterprise we have improved our communication capabilities in an increasingly complex business environment, where people working on the same projects are based in, or moving between, many different locations across many different organizations," said Paul Chisnall, executive director at BBA. "As we all know, maintaining a sense of focus when you're faced with over a hundred e-mails every day is difficult. This collaborative environment is helping BBA members, through their involvement in BBA working parties, to access the relevant documents and information when they need them, from wherever they are, with ease.
"The introduction of Hummingbird BI will allow our management to monitor access and provide vital real-time information on the effectiveness of the new collaborative environment," Chisnall continued.
With Hummingbird Enterprise, members of BBA working parties have one central repository for managing electronic documents and e-mail. The Association uses collaborative workspaces to review documents, discuss issues and solve problems with other participants from member banks from around the country, or overseas.
BBA also uses collaborative workspaces to improve information flow and communication among internal users. "Staff members often need to work simultaneously across a project on complex technical documents, and having the ability to identify all recent changes, along with who made those changes, has been a great value to the Association," added Chisnall.
Tony Heywood, Senior Vice President for EMEA, Hummingbird Ltd, said: "Financial services providers all over the world operate in a highly regulated and competitive industry, where they must balance the demands of customer retention with regulatory compliance. With Hummingbird Enterprise, the BBA has been able to communicate information and views more effectively concerning industry or regulatory initiatives thus helping the BBA's members to better prepare for on-going regulatory and compliance changes."
About British Bankers' Association The British Bankers' Association (BBA) is the leading trade association in the banking and financial services industry representing banks and other financial services firms operating in the UK. It has 218 members, three quarters of whom are of non-UK origin, representing 60 different countries. BBA members hold 90% of the UK banking sector's assets and represent 95% of all banking employment in the UK. Given its international membership and location in the world's leading financial centre, the BBA covers a wide variety of UK, European and international issues.
About Hummingbird Enterprise(TM) Hummingbird Enterprise provides an integrated platform for enterprise content management that provides global organizations with solutions to manage business interaction information such as documents, records, virtual deal room exchanges, discussions, e-mail or financial data - linking business processes, information and people. Hummingbird solutions are designed as modular applications that are fully interoperable with each other, enabling customers to incrementally build an enterprise content management solution to meet their evolving information needs in a cost effective manner.
About Hummingbird Hummingbird Ltd. (NASDAQ:HUMC)(NASDAQ:TSX:)(NASDAQ:HUM) is a leading global provider of enterprise software solutions. The Company's enterprise software solutions fall into two principal categories: enterprise content management (ECM) solutions, and network connectivity solutions. Hummingbird's ECM solutions enable organizations to manage the lifecycle of enterprise content from creation to disposition, thereby enabling organizations to address critical business needs, such as information management, business continuity, compliance and risk mitigation. The network connectivity solutions provide a comprehensive set of core network technologies that enables the enterprise to connect to any type of legacy system.
Founded in 1984, Hummingbird employs over 1,500 people and serves more than 33,000 customers, including 90% of Fortune 100. Hummingbird solutions are sold directly from 40 offices worldwide and through an Alliance Network of partners and resellers. For more information, visit http://www.hummingbird.com/
Source: Hummingbird Ltd.
CONTACT: Jill Wells, Director, Marketing Operations EMEA, Hummingbird Ltd., Tel: +44 (0) 118 978 2800, Fax: +44 (0) 118 978 2700, jill.wells@hummingbird.com; Hummingbird North American contacts: Dan Coombes, Director, Investor Relations, Hummingbird Ltd., Tel: (416) 496-2200 ext. 6359, dan.coombes@hummingbird.com; Michele Stevenson, Senior Manager, Corporate Communications, Hummingbird Ltd., Tel: (416) 496-2200 ext. 2623, michele.stevenson@hummingbird.com
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