News from 2006
Published November 21, 2006 in Press Releases
PolarLake™, a world leader in real-time business-to-business integration, today announced the appointment of Cliff Cunningham as Director of Product Marketing – Financial Services. Cliff will be responsible for the delivery of vertical solutions meeting the demanding business requirements of customers within the Financial Services community.
Cliff has over 25 years of senior experience in the Financial Services industry, during which time he has delivered innovative IT solutions for a wide range of Financial Services organizations, including Bank of New York, Commerz Bank, ABN Amro, Wachovia, AIB Capital Markets, Bank of Ireland, GE Capital, Pioneer Investments and Deutsche Bank. Cliff has also worked with IBM, most recently to define its Capital Markets domain model.
Published July 13, 2006 in Press Releases
PolarLake's™ Integration Suite product is identified as the top ranked "Current Offering" within a recent Forrester Research report on the Enterprise Service Bus.
PolarLake was among the select companies that Forrester invited to participate in its June 30th 2006 Forrester Wave report on the Enterprise Service Bus. In this particular evaluation, PolarLake’s scores under the headings "Connection", "Mediation" and "Control and Change", enabled PolarLake to achieve the highest "Current Offering" ranking among all vendors in the survey.
Published May 23, 2006 in Press Releases
PolarLake™, a world leader in the automation of business processes across organizational and technical boundaries, today announced the appointment of John Randles as CEO.
John joins PolarLake from Siebel Systems, where he was CTO Banking and responsible for the Retail Banking business across the Americas and EMEA. Prior to joining Siebel John was CTO of Eontec, a world leader in component-based banking systems, which was acquired by Siebel Systems in 2004. John also led Eontec’s business in North America and had previously led Product Development, Strategy, Product Marketing, and pre-Sales globally. John graduated from the University of Limerick with a degree in computer engineering.
Published April 27, 2006 in Press Releases
PolarLake™, a world leader in application and data integration, announced today that its Integration Suite product now offers integrated support for W3C’s Choreography Description Language (CDL), and thus enables the efficient control and monitoring of business processes, increasing operational efficiency and reducing risk. CDL is an XML-based language that describes peer-to-peer collaborations of participants by defining, from a global viewpoint, their observable behavior within integration solutions involving ordered message exchanges that accomplish a common business goal.
Through support for CDL, PolarLake – alongside open source tools such as those from Pi4 Technologies Ltd and products such as those provided by Hattrick Software Ltd - enables the business to define, manage and control business processes with the certainty required for the ever-demanding regulatory environment. The result is improved accountability, exception handling capabilities, performance and business monitoring of all Straight-Through Processing (STP) solutions within the organization. This monitoring capability in particular allows the organization to ensure that all executing events match declared processes. Systems, events or processes that diverge from these expected behaviors can then be identified and rectified as quickly as possible.