Oracle And Accelior Help ING Lease Streamline Business Processes

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Oracle And Accelior Help ING Lease Streamline Business Processes And Improve Overall Process Efficiency

ING Lease Belgium Uses Oracle® BPEL Process Manager and a Service-Oriented Architecture to Build New Leasing Platform, Web Enabled Leasing

ORACLE OPENWORLD, SAN FRANCISCO 19-SEP-2005 08:00 AM Thanks to Oracle technology and Accelior Consulting expertise, ING Lease Belgium, part of the ING Group, today enjoys all the benefits of a Service-Oriented Architecture (SOA); increased capacity, reactivity and agility enable the company to keep on growing rapidly and integrate product innovations easily.

To automate business processes and improve overall process efficiency, Oracle partner Accelior implemented at ING Lease Belgium a leasing automation solution using its Work Process Manager (WPM) framework. The WPM is built on top of Oracle(r) BPEL Process Manager, a component of Oracle Fusion Middleware, and brings many benefits to ING Lease Belgium such as a process execution time decrease from days to hours, more contract volumes managed within existing resources and a real-time, graphical view of the business and its processes.

"Leasing companies are facing fierce competition. The market is consolidating and we're confronted with decreasing asset values and a reduced markup," said Jean-Simon Cornélis, Managing Director at ING Computer Lease and IT & Organization Director at ING Lease Belgium. "To increase profitability, we need to differentiate ourselves through enhanced services and a better offering. However, we can no longer depend on cost reduction as we've squeezed out whatever was possible over the past few years. Further streamlining business processes and increasing business efficiency is the key to improve our margins. Oracle BPEL Process Manager and the leasing automation solution Accelior has implemented enable us to do just that."

Significant Business Benefits From Accelior WPM

Accelior's Work Process Manager is based on a robust infrastructure that will fit in any financial services environment, easily meeting demanding technical requirements such as security, high-availability and scalability. This end-to-end lifecycle automation platform provides a clear view on any activity from offering to contract execution, however complex a transaction might be. It automates the generation of key documents such as offers, orders and contracts, and generates bar codes to easily track documents through the operation lifecycle. It eases the changing of operational procedures and the creation of new product offerings quickly and easily. The solution deployed at ING Lease is also highly flexible due to the technology stack used: Oracle Application Server 10g, Oracle Database 10g, Oracle XML/DB and Oracle Grid Control 10g.

"The WPM framework brings Business Process Management to the financial services industry and offers ING Lease Belgium the opportunity to extensively use modern, standard integration technologies, enabling them to reuse and leverage existing systems," said Geoffroy de Lamalle, the Solutions Architect at Accelior responsible for the project. "With the help of Oracle Fusion Middleware, Accelior delivers integration technologies that enable companies to rapidly adopt and deploy SOAs, which facilitate the development of enterprise applications as modular business services that can be easily integrated and reused, creating a truly flexible, adaptable IT infrastructure. We can then exploit the unique capabilities of Oracle BPEL Process Manager to deliver WPM's graphical Business Process Management capabilities."

"We believe that WPM will help position ING Lease Belgium for further business growth," said Oracle's Managing Director of Oracle Belgium, Xavier Verhaeghe. "It will enable them to expand operations without raising the cost of operation and increases internal efficiency as well as customer service quality."

Oracle BPEL Process Manager is part of Oracle Business Integration, a comprehensive offering designed to meet the various challenges customers face when integrating enterprise systems and applications while moving to an SOA and enterprise Grid infrastructure. According to a Morgan Stanley survey of CIOs, published on Dec. 15, 2004, integration is one of the top priorities for IT departments in 2005. With Gartner placing integration costs at 40 percent of the total cost of application development and maintenance, integration technology and SOAs are increasingly important elements of IT strategy. Oracle BPEL Process Manager and the company's ecosystem of partners are delivering complete and reliable solutions that help customers maximize return on their IT budgets and realize the benefits of SOAs.

About ING Lease Belgium

ING Lease Belgium is one of the largest leasing companies in Belgium. ING Lease Belgium is fully owned by ING Lease Holding making it member of the ING group, itself one of the world's major actors in the field of integrated financial services.

ING Lease Belgium's activities center wholly and solely on financial and operating (with or without services) leasing. A pioneer in its sector, ING Lease Belgium is an innovating force and created, amongst other products the real estate leasing. Known and recognized for its professionalism and creativity, it has become a reference on the Belgian leasing market.

The ING Lease group is structured by product type. This favors dynamism and adaptability, and allows ING Lease Belgium to stay at the leading edge of each market segment whilst developing products designed for its customers specific requirements.

ING Lease Belgium has its own sales force but also enjoys synergies with ING Belgium. ING Belgium, with its network of 14 headquarters and about 1000 branches is the ideal tool for a wide distribution of ING Lease Belgium products. For more information about ING Lease Belgium visit our Web site at http://www.inglease.be

About Accelior
Accelior is an independent European cross-industry technology-specialist specializing in Business Process Automation, Middleware and Service Oriented Architecture with customers in Europe and North America. Accelior provides services in Architecture, Development and Support and structures the services to reflect its customer's specific needs and requirements. For more information about Accelior visit our Web site at http://www.accelior.com

About Oracle
Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at www.oracle.com

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