Fiducia Selects Troux for Strategic IT Planning

Fiducia - leading German IT services company for the financial services industry - to implement Troux 7 for strategic IT planning

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Austin, Texas - (Feb. 20th, 2008) - Troux Technologies announced that Fiducia, the leading German IT services company for the financial services industry, will implement its software platform, Troux 7, to enable strategic IT planning and to ensure that its extensive SOA program is properly aligned with business and IT transformation initiatives.

Fiducia manages the IT infrastructures of more than 800 branches of Volksbank and Raiffeisenbank. The company had a number of functional planning tools for its complex and dynamic IT infrastructure, but these worked in isolation and did not provide the instant intelligence needed to manage the interdependencies between processes, services, applications, projects, assets and employees. To improve strategic IT planning, Fiducia selected Troux 7 to manage change, report on IT resources more effectively and optimize the overall IT landscape.

Troux 7 is the industry's first strategic IT planning platform to accelerate and scale benefits from business and IT transformations, such as geographic expansions, mergers and acquisitions, portfolio optimization, virtualization or SOA.

“Initially we looked at departmental IT planning solutions and modeling tools, but none were robust or adaptable enough to provide us with the scale or flexibility we needed,’ said Gerd Muller, head of IT Architecture for Fiducia. “Troux demonstrated better than any other solutions provider an understanding of our requirements. We saw Troux 7 as a breakthrough technology that finally unlocks the power of Enterprise Architecture. It will enable us to drive faster and broader change without introducing risk to the business.’

Fiducia's Troux 7 platform includes collectors for Valuemation CMDB and Rational; Troux Standards Management; Troux Composer for customizing interfaces; and services to transfer knowledge and empower the Fiducia team to be fully self-sufficient once the platform has been implemented. The services will be delivered in conjunction with local partner, ACT!

About Fiducia Group

FIDUCIA IT AG is one of the ten leading IT service providers in Germany. Its services range from strategic IT consulting to development and implementation of IT solutions as well as technical and application centered operations in professional computer centers. The Fiducia Group, with headquarters in Karlsruhe, is also the IT competence centre and the largest IT service provider in the cooperative banking group.

Fiducia's largest customer group consists of 800 people's banks and rural credit cooperatives (Volksbanken and Raiffeisenbanken). This makes Fiducia the largest IT service provider to cooperative banks. Fiducia's core banking system, Agree, is currently used by about 800 banks and, as a result, it is one of the leading banking systems in Germany.

The state of the art IT solutions from Fiducia meet the high demands of its customers in regard to availability (time-to-market) and operating economy. The focus in developing and providing application systems with the highest availability possible is on maximum data security and data protection – even where large volumes of data are involved. Through its comprehensive approach to solutions, Fiducia increases the efficiency of customer processes and thereby strengthens the market position of its customers.

In the 2006 financial year, the Fiducia Group reported revenue of €732 million, employing about 3,000 people. For more information, go to www.fiducia.de.

About Troux

Troux Technologies develops solutions designed specifically to help companies strategically plan for business transformations such as reduction of costs and risks and supporting growth initiatives. Troux’s strategic planning software uniquely delivers timely, accurate and fresh data for dynamic planning with the ability to track progress, giving executives the visibility and information needed to make informed business decisions. More than 200 Global 2000 companies and government organizations, such as Astra Zeneca, Barclays, British Telecom, Warner Bros., Boeing, AMD and Dell, use Troux’s software platform to create an up-to-date view and contextual relationships of the business processes, technology and people that comprise the current company landscape. To learn more: www.troux.com.

Media Contacts

Inquiries:
Jason Deal
Lois Paul & Partners
(512) 638-5303
Jason_deal@lpp.com

Copyright 2008 Troux Technologies, Inc. All rights reserved. Troux and Metis by Troux are trademarks of Troux Technologies, Inc. All other company and product names mentioned are used only for identification and may be trademarks of their respective companies.

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