FileNet Corporation (Nasdaq: FILE), the leading provider of Enterprise Content and Business Process Management (ECM) solutions, has announced that Zurich Financial Services (Zurich) has selected FileNet’s P8 platform as a global standard.
"Our decision to implement FileNet’s ECM platform will enable us to deploy image and workflow projects quickly and securely. It will yield several quantifiable benefits - reducing risks and operational costs and increasing efficiency and productivity,” states Denis Fortin, Head of Zurich's Global IT Infrastructure & Architecture. “Our existing ECM systems can be integrated with the shared platform, providing streamlined and standardized business processes that create a real competitive advantage for us.”
A part of the global FileNet P8-based implementation is FileNet Email Manager which will enable Zurich to improve the organization of in, and outgoing email content throughout the company.
Carlo Stellati, Vice President, South Europe, Middle East and Africa, FileNet, said, “FileNet Email Manager automatically indexes and centrally archives emails according to set criteria. It will help Zurich to improve productivity by easing content retrieval and cutting the risk of user error.”
A recent study conducted by Vanson Bourne Research shows that a third of European companies are concerned about their ability to scale existing ECM solutions. The research indicates that 64 per cent of European companies still hold content such as emails, forms, images, electronic records and instant messages in operational silos and that 59 per cent do not integrate content management with business process management. As a result, they lose productivity.
“Companies recognize the need to remove content and process management silos in order to increase productivity. By building their solutions on a single platform, such as FileNet P8, companies can extend early success to other areas of the business, standardize technologies and reduce time, cost and risk,” added Stellati.
About Zurich Financial Services Group
Zurich Financial Services Group (Zurich) is an insurance-based financial services provider, with headquarters in Zurich, Switzerland. Its core business is General Insurance and Life Insurance. Founded in 1872, Zurich has a global network of subsidiaries and offices in North America, Europe, Asia Pacific, Latin America and other markets. Zurich's 55,000 employees serve customers in more than 120 countries. For more information, please visit the website: www.zurich.com.
About FileNet Corporation
FileNet Corporation (NASDAQ: FILE) helps organizations make better decisions by managing the content and processes that drive their business. FileNet's Enterprise Content Management (ECM) solutions allow customers to build and sustain competitive advantage by managing content throughout their organizations, automating and streamlining their business processes, and providing a spectrum of connectivity needed to simplify their critical and everyday decision-making.
FileNet ECM products are designed to deliver a broad set of capabilities that integrate with existing information systems to provide cost-effective solutions that solve real-world business problems. Since the Company's founding in 1982, more than 4,000 organizations, including more than three quarters of the FORTUNE 100, have taken advantage of FileNet solutions for help in managing their mission-critical content and processes.
Headquartered in Costa Mesa, Calif., the Company markets its innovative ECM solutions in more than 90 countries through its own global sales, professional services and support organizations, as well as via its ValueNet(R) Partner network of resellers, system integrators and application developers.
To learn more about FileNet’s ECM solutions, please visit us at www.filenet.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This release may contain forward-looking statements that involve risks and uncertainties, including statements regarding the anticipated benefits and performance of FileNet’s products, FileNet’s products’ support of industry standards, and integration with third party products, systems and services. Words such as "anticipates," "expects," "intends," "plans," "believes," "may," "will" and similar expressions are intended to identify forward-looking statements. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are FileNet's ability to develop, complete, introduce, market, distribute and gain market acceptance for its products and technologies in a timely manner; unforeseen technical difficulties related to the development and optimization of FileNet’s products; announcements of technological innovations, new products or product enhancements by FileNet or its competitors; general market conditions; and other factors detailed in the FileNet's filings with the United States Securities and Exchange Commission, including its recent
