Troux Software Selected by Swedbank

Strategic IT Planning and Control Software from Troux Selected for Ease-of-Configuration and Ability to Scale

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Austin, Texas - (Jan. 21st, 2009) - Troux Technologies, the leader in strategic IT planning and control software, today announced Swedbank Baltic’s has chosen the Troux Transformation Platform for business critical applications within its enterprise data infrastructure. Troux software will be used for several IT management applications, including building a Business Glossary, data-change impact analysis and creating visibility into data lineage.

“Swedbank’s use cases highlight the versatility of Troux’s software. They have prioritized Business Intelligence and data management as a critical starting point for their business, and the information they collect and relate will assist them in making strategic business and IT decision across many domains. This flexibility is essential for improvements in business agility and cost efficiencies,” said David Hood, CEO of Troux Technologies, Inc.

“Troux has helped us realize our goal of developing an exemplary Enterprise Metadata Management platform to deliver strategic transformation value across our dispersed organization,” said Remo Suurkivi, EDW Main Architect, Swedbank Baltics. “This increased visibility into strategic information results in overall improvements to business processes, decision-making and business agility.”

Troux Chosen for Customization and Scalability

Before deciding on Troux, Swedbank conducted an extensive RFP process and a full proof of concept. Troux was chosen for the following:

  • Demonstrated ability to customize applications through flexible modeling and highly configurable user-interfaces.
  • Ability to collect large quantities of information and scale to handle large (multi-million) quantities of objects in the data repository.
  • Ability to handle tactical data warehouse applications and extend to support strategic IT planning initiatives.

About Swedbank

Swedbank is the leading bank in Sweden, Estonia, Latvia and Lithuania. Swedbank offers a full range of financial services for private individuals, corporations and organizations. Swedbank also operates in Denmark, Finland, Norway, Western Russia, Luxembourg, Ukraine, USA, China and Japan.

About Troux


Troux provides CIOs with innovative software to drive urgent cost restructuring and business changes. With Troux CIOs can identify where IT spending and programs are redundant or out-of-step with business strategy, and can plan and manage necessary changes, with live status information and guidance to all relevant employees and executives.

Troux’s unique approach results in immediate cost savings as well as step changes to ongoing IT efficiency, business response, and risk reduction. Troux customers and partners are large Global 2000 enterprises and government agencies, including Accenture, AstraZeneca, Barclays Bank, Department of Homeland Security, Fiducia, Los Alamos National Laboratory, GMAC, Vocalink and Vodafone.

Troux Technologies is the acknowledged leader in the Strategic IT Planning and Control software market. In January 2009, Troux was also cited as a leader in IT Planning and EA Tools by Forrester.

Media Contacts

For Troux Technologies:
Matt Price
Vice President, Worldwide Marketing
Troux Technologies
+1 512-536-6270
mattprice@troux.com

Copyright 2009 Troux Technologies, Inc. All rights reserved. Troux and Troux Transformation Platform are trademarks of Troux Technologies, Inc. All other trademarks are property of their respective owners.

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