PRESS TRANSAMERICA COMMERCIAL FINANCE CORP. CHOOSES INFORMIX PARALLEL PROCESSING DATABASE TECHNOLOGY FOR CLIENT/SERVER IMPLEMENTATION
Posted in 1994
TRANSAMERICA COMMERCIAL FINANCE CORP. CHOOSES INFORMIX PARALLEL PROCESSING DATABASE TECHNOLOGY FOR CLIENT/SERVER IMPLEMENTATION Leading Financial Organization to Migrate Mission-Critical Applications to Informix Database MENLO PARK, Calif. (September 26, 1994) -- Informix Software, Inc., (NASDAQ: IFMX) the leading provider of parallel processing database technology, today announced that Chicago-based Transamerica Commercial Finance Corporation will begin moving critical applications used within its marketing and finance operations from a mainframe system to a client/server environment based on the INFORMIX(R)-OnLine Dynamic Server(TM) and Hewlett Packard business servers. An initial 32 gigabyte decision support system will allow Transamerica Commercial Finance's marketing and finance departments to query current market and financial information in its transaction processing system to analyze trends and make fast, educated decisions on lending arrangements tailored to customers' needs. Once the initial applications are validated later in 1994, Transamerica Commercial Finance plans to move all of its mission-critical core financial processing applications including its lending, billing, portfolio management, and core transaction systems management to OnLine Dynamic Server. Transamerica Commercial Finance decided to move to a client/server environment to provide a distributed computing platform with a rapid application development toolset that is responsive to users' needs. OnLine Dynamic Server was chosen after a rigorous selection process for its ability to process industrial-strength applications. OnLine Dynamic Server was designed to enable organizations to manage increasingly larger, more complex databases on open systems while also substantially improving overall system performance by distributing data processing across multiple CPUs. "We selected OnLine Dynamic Server because it will enable us to deliver crucial financial and market information to our internal Transamerica clients, and value to our customers," said Carole Hershman, vice president and chief information officer at Transamerica Commercial Finance. "Informix's parallel database technology will help us maintain a strategic position in a very competitive market." "OnLine Dynamic Server will provide Transamerica Commercial Finance with an enterprisewide solution for its core business needs," said Phil White, chairman and CEO at Informix. "Transamerica Commercial Finance joins leading financial service organizations worldwide who have chosen Informix database technology for their essential data processing needs." Informix Database Technology OnLine Dynamic Server is based on Informix's next generation, multithreaded parallel processing database architecture, Dynamic Scalable Architecture (DSA). In order to handle larger databases with improved processing performance, DSA was designed to provide parallel processing as a core capability. This core, internal parallelism enables OnLine Dynamic Server to achieve superior performance by processing database tasks in parallel and maximizing the use of multiprocessor hardware. DSA is designed to exploit all the hardware capabilities available on the open systems market including uniprocessor, symmetric multiprocessor (SMP), loosely coupled clusters and massively parallel processors. About Transamerica Commercial Finance Corporation Transamerica Commercial Finance Corporation ("TCFC") is a wholly-owned subsidiary of San Francisco based Transamerica Corporation, one of the world's largest and strongest financial services companies. TCFC designs inventory finance programs and other financial services to meet the specific needs of retailers, distributors and manufacturers of consumer durable goods. With over 40 years of international financial services experience, TCFC is dedicated to the success and growth of their customers. Transamerica Commercial Finance Corporation's headquarters is based in Chicago, IL. About Informix Informix Software is the leading supplier of high performance, parallel processing database technology for open systems. The company's database servers are the number one choice of computer hardware manufacturers for publishing Transaction Processing Council (TPC) benchmarks for UNIX-based systems. Informix products also include application development tools for creating client/server production applications, decision support systems, and ad-hoc query interfaces, and connectivity software that allows information to be shared transparently from PCs to mainframes within the corporate computing environment. Informix's corporate headquarters is based in Menlo Park, California. ### --- %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% William Daul Advanced Support INFORMIX SOFTWARE INC. 4100 Bohannon Dr. (415) 926-6488 - wk Menlo Park, CA. 94025 uunet!infmx!billd or billd@informix.com