VocaLink Selects Troux 7 to Accelerate Strategic Planning


European Leader in Electronic Payments and Transactions Becomes Latest Customer of New Enterprise Strategic Planning Platform in the UK

London, 11 December 2007: Troux Technologies has today announced that VocaLink, the leader in electronic payments and transactions, has become the latest customer of its strategic planning software platform, Troux 7. VocaLink purchased Troux 7 to accelerate a significant transformation brought about by the merger of Voca and LINK Interchange Network announced in July this year and to speed IT planning decisions that will support business objectives.

Launched in September this year, Troux 7 is the industry's first strategic planning platform to support business and IT transformations, such as geographic expansions, mergers and acquisitions, portfolio optimisation, virtualisation or SOA.

VocaLink selected Troux 7 for visibility into how the IT assets from both companies relate to business services and to assist in merging and integrating IT services. The platform is also expected to identify opportunities for cost savings and rationalisation.

"We looked at a number of solutions and quickly came to the conclusion that only Troux could satisfy all of the post-merger needs of the newly created company," said Dominic Flatley, Enterprise Architecture Manager of VocaLink. "A key factor for us in selecting Troux was Troux Initiatives, allowing us to create scenarios and understand how business and IT transformations will impact the bottom line of our organisation."

"We are growing rapidly in EMEA and expect to see many more customers like VocaLink buying Troux 7 in the coming months," said Roger Andrews, EMEA Troux Technologies General Manager EMEA. "The merger between Voca and LINK makes VocaLink the ideal candidate to benefit from some of Troux 7's game-changing capabilities and will provide the ability to scale with the business as needed."

About Troux

Troux Technologies is the leading strategic planning software company with the industry's only comprehensive set of solutions to mitigate risk, reduce costs, and support growth initiatives for Global 2000 enterprises and governments. Troux's software combines tools for enterprise architecture design and creation with a new generation of information aggregation and management solutions, offering the visibility and contextual understanding foundational to IT and Business Transformation. Troux's customers include governmental agencies around the world and Global 2000 industry leaders in biotechnology, consumer goods, financial services, technology, insurance, entertainment, manufacturing, pharmaceutical, retail and telecommunications industries. To learn more visit www.troux.com.

About VocaLink

VocaLink is a specialist provider of transaction services to banks, their corporate customers and Government departments. Having pioneered electronic payments over four decades ago, the company has been a driving force in electronic transactions ever since. Many of the world's top banks and their corporate customers rely on VocaLink to meet their transaction needs. On a peak day, the VocaLink automated payment platform processes over 80 million transactions. Its switching platform connects the world's busiest ATM network of over 60,000 ATMs.

For further information, please contact:

Nick Morris
dogandbone PR
+44 (0)777 553 1593
nick@dogandbone-pr.com

All Topics