SOURCE: CAST Software

February 20, 2007 08:00 ET

Leading Insurer Selects CAST Software's Application Intelligence Platform

LONDON -- (MARKET WIRE) -- February 20, 2007 --CAST announced today that leading global credit insurer, Atradius, has chosen CAST's Application Intelligence Platform to help better govern its Application Development organisation following a successful pilot earlier this year.

Mark Slater, UK Country Manager for CAST, said: "We are excited to be working with such a respected leader in the credit insurance market as Atradius. Their need to proactively manage their entire application portfolio and development organisation makes them a perfect fit for the CAST solution."

Through its Application Intelligence Platform, CAST is delivering a dashboard allowing senior IT management within Atradius to proactively monitor and measure the work carried out by the application development teams.

Dr. Jörg Müller, IT Director at Atradius, declared: "We have a fully integrated, global application suite with high degrees of business process automation. We want to further improve the way we govern this system. CAST improves our visibility on application quality across the system and allows us to steer our development lifecycle."

In order to verify that CAST could meet the needs of Atradius, a pilot project was run on an application the organisation knew well.

"The results of the pilot we ran with CAST were significant," said Dr. Müller. "It pinpointed known problem areas giving us objective information on existing concerns we had. It also identified areas within an application which required some remediation work."

Using CAST, key technical information on applications, across languages and tiers, is delivered to new team members making them productive more quickly through rapid application knowledge discovery.

"As a development organisation, we want to be more agile in reacting to the needs of the business and delivering high quality systems," said Dr. Müller. "We believe that CAST can help us significantly increase the visibility of the applications suite and broaden the accessibility of this valuable information to the development team."

Mr Slater concluded, "I believe that we're going to see increased momentum among industry leaders, such as Atradius, as the market begins to recognise the tremendous value and ROI made possible by managing the internal quality of applications."

About Atradius

Atradius is the world's second largest credit insurer with a total turnover of around EUR 1.3 billion and a worldwide market share of 25 percent. It insures about EUR 350 billion of worldwide trade annually against the risk of non-payment and provides a comprehensive range of risk transfer, financing and trade receivables management. With a staff of 3600 and more than 90 offices in 40 countries, Atradius has access to credit information on 45 million companies worldwide and makes 12,000 credit limit decisions daily. Atradius is rated "A" by Standard & Poor's (outlook stable) and "A2" by Moody's (outlook stable). It is majority owned by Swiss Re and Deutsche Bank.

About CAST

CAST is the world leader and pioneer in Application Development Performance Management software, providing the metrics and information IT executives must have to measure, control and improve the quality of business applications and the performance of development teams around the globe. Founded in 1990, CAST has helped more than 600 organizations worldwide speed delivery to the business, mitigate risks in production, improve the customer experience, and reduce the total cost of application ownership. CAST is listed on Compartment C-Eurolist by Euronext Paris (EURONEXT: CAS) and serves Global 2000 organisations worldwide with a network of 11 fully staffed offices in the US and Europe. For more information visit www.castsoftware.com.

Contact Information

  • CAST Press Contact:
    Peter Vasey
    Phone: +44 (0) 1494 616 620
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