Recognition and Awards

Red Hat - JBoss Innovation Award 2008

Red Hat recently awarded Vivat with the JBoss Innovation Award for Service-Oriented Architecture. The innovation awards program is designed to recognize individuals, project teams and companies for technical achievements that show both creative thinking and determined problem solving with JBoss solutions. Entries were judged based on the solution's creativity and innovation, measurable return on investment (ROI), identifiable improvements to the business, improvement of processes and ability to overcome technology challenges.

Vivat was selected based on our work with US Trust, one of the oldest private banking firms in the U.S. We successfully moved US Trust's main revenue stream, the Client Fee Calculator, from an antiquated legacy system to a new SOA system built on JBoss technologies, including JBoss Rules and JBoss Application Server. The solution is expected to bring in an additional $20 million over the next five years as well as maximize customer profits, thanks to newly transparent and manageable fee rules.

The full press release can be viewed at http://www.redhat.com/about/news/prarchive/2008/jboss_innovation_awards.html