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| Habib Bank AG Zurich Received Medal
of Achievement from Computerworld Honors Collection
2005 |
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NETTRESULTS
- Tuesday, April 05, 2005 |
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• Case study will be
archived in 36 countries as leading example of how IT is used
intelligently in the banking vertical to benefit society
• Habib
Bank AG Zurich recognised for an outstanding and visionary
application of technology in the banking sector running on Sybase®
Adaptive Server® Enterprise
(Dubai, United Arab Emirates)
– April 4, 2005 – Habib Bank AG Zurich (HBZ), one of the leading
international banks headquartered in Zurich since 1967, with 50
branches around the world, has submitted a case study ‘hPLUS – a
unique language and banking application’ that was nominated by
Sybase, Inc. The bank officially became part of the prestigious
Computerworld Honors Collection on Sunday, April 3 when the 2005
Collection was formally presented to the Global Archives, and Habib
Bank AG Zurich was presented with the Medal of Achievement, at San
Francisco City Hall.
Reza Habib, Joint President, Habib Bank
AG Zurich said, "We are delighted to have been nominated for this
prestigious, globally recognized award. hPLUS has not only expanded
the radius of our branch network with unique services but has also
successfully reduced hardware & software costs whilst
simultaneously managing bandwidth requirements for countries with
developing telecommunications infrastructure."
“The
Computerworld Honors Medal of Achievement is presented annually to
men and women around the world who have made outstanding progress
for society through the visionary use of information technology,”
said Bob Carrigan, CEO and publisher of IDG’s Computerworld and
chairman of the Computerworld Honors Chairmen’s Committee. Katie
Hill, Director of Marketing, Sybase Inc. and member of The
Chairmen’s Committee nominated Habib Bank AG Zurich for inclusion in
the 2005 Banking category. The case study now becomes part of a
collection of case studies from 54 countries.
The 2005
Collection, which will now be archived in libraries, museums, and
academic and research institutions around the world, will serve as
primary source material for scholars and as a resource for
individuals who hope to use information technology to create
solutions to address their own challenges.
Habib Bank AG
Zurich has one of the most technologically advanced and innovative
banking applications deployed across the enterprise. This award
recognises Habib Bank AG Zurich for an outstanding and visionary
application of that technology.
In 1994 HBZ wrote and
deployed a unique language and banking application called hPLUS.
Based on a tiny virtual machine and a Sybase database, this powerful
concept allowed the bank to scale its applications on thin clients.
Six months after that hPLUS became the world’s first JavaTM Banking
System.
The hPLUS team believed that interoperability would
become the single most important aspect of the architecture. This
bold new approach to transaction processing cured the most
fundamental issues plaguing legacy systems, reducing costs, greater
security and enhancing efficiency to unprecedented
levels.
The result is an integrated banking solution
including e-banking and mobile (over WAP, GPRS & 3g) solutions
both for the banking enterprise and the client. Developed in Dubai,
the United Arab Emirates and now being implemented in their network
around the world, customers benefit from increased services, real
time banking and lower banking fees. The bank is able to provide a
greater security level and streamline their services with a reduced
workforce.
Habib Bank AG Zurich’s proof of success is in
their users. 64.3% of credit customers and 71.4% of depositors are
presently using the HBZ integrated e-banking and mobile
solution.
From more than 300 nominations submitted this year
by the 100 industry chairmen and CEO’s who serve on the program’s
Chairmen’s Committee, 160 were honoured as laureates at last night’s
ceremonies in San Francisco. Of these, 50 will be chosen by a panel
of distinguished judges to attend the June 6, 2005 awards gala in
Washington, D.C., where the 10 world finalists will be announced.
Case studies from the 2005 Computerworld Honors Collection
will be available at http://www.cwheroes.org, the official site of
the Computerworld Honors Program, where the entire Collection is
available to scholars, researchers and the general public worldwide.
In addition, the Collection is distributed annually to the Honors
Program’s Archival Partners around the world. These partners include
some of the world’s finest research and scholarly institutions, each
of which has generously agreed to include the Collection in its
archives.
According to Dan Morrow, a founding director and
chief historian for the Honors Program, “This year’s Laureates
exemplify the very best in the creative use of IT in service to
mankind. Their work and their stories are outstanding contributions
to the history of the information technology revolution in every
sense of the word, and, for the archives we serve all over the
world, they are, truly, priceless.”
Founded in 1988, the
Computerworld Honors Program searches for and recognizes individuals
who have demonstrated vision and leadership as they strive to use
information technology in innovative ways across 10 categories:
Business and Related Services; Education and Academia; Environment,
Energy and Agriculture; Finance, Insurance and Real Estate;
Government and Non-Profit Organizations; Manufacturing; Media, Arts
and Entertainment; Medicine; Science; and Transportation. Each year,
the Computerworld Honors Chairmen’s Committee nominates
organizations who are using information technology to improve
society for inclusion in the Computerworld Honors Online Archive and
the Collections of the Global Archives. The Global Archives
represents the 100-plus institutions from more than 30 countries
that include the Computerworld Honors Collection in their archives
and libraries.
oOo
About Habib Bank AG Zurich
Habib
Bank AG Zurich was established in 1967 on a solid foundation of
banking tradition that spans several generations. Traditional
banking values set in the context of international banking has
determined Habib Bank AG Zurich’s corporate philosophy - "Service
with Security" - for over 35 years in operation. Providing trade
finance, corporate, consumer, private, retail and correspondent
banking products, the bank offers highly personalized service to its
customers through its international network of over 50 branches and
subsidiaries. In addition to offering traditional banking products
over a number of channels, HBZ's leading technology solutions allows
its clients to manage their accounts and conduct real time
transactions 24 hours a day world wide through
http://www.habibbank.com
About Computerworld
Computerworld, the “Voice of IT Management,” is the most trusted
source for the critical information needs of senior IT management.
Computerworld’s integrated offerings form the U.S.-based hub of the
world’s largest (58-edition) global IT media network through its
weekly publication, Computerworld.com Web site, focused conference
series and custom research. In the past five years alone,
Computerworld has won more than 100 print and online awards for
editorial and design excellence, surpassing its direct competition
by an order of magnitude. Recognition includes the 2004 Magazine of
the Year Award from the American Society of Business Publication
Editors and a Jesse H. Neal Award for “Best News Coverage.” In print
since 1967, Computerworld is the source for information technology
management, with a guaranteed rate base of 180,050, a total print
audience of 1,138,000 (IntelliQuest CIMS 2004 Business Influencer
Study) and an online audience of over 1 million unique monthly
visitors (DoubleClick).
Computerworld is a business unit of
International Data Group (IDG), the world’s leading technology
media, research and events company. A privately held company, IDG
publishes more than 300 magazines and newspapers, including Bio-IT
World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World
and PC World. The company features the largest network of
technology-specific Web sites, with more than 400 around the world.
IDG is also a leading producer of more than 170 computer-related
events worldwide, including LinuxWorld Conference & Expo®,
Macworld Conference & Expo®, DEMO® and IDC Directions. IDC
provides global market research and advice through offices in 50
countries. Company information is available at http://www.idg.com.
Sybase and Adaptive Server Enterprise are registered
trademarks of Sybase, Inc. All other company and product names
mentioned may be trademarks of the companies with which they are
associated.
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| PROFILE |
Nick
Leighton
NettResults Public Relations
The largest EMEA IT PR
Agency
Tel: +971 4 331 1593
Fax: +971 4 331
1562
nick@nettresults.com
www.nettresults.com
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