Financial Network Services wins 2005 Consensus Software Award

SYDNEY April 22, 2005 - Financial Network Services (FNS), a major global provider of solutions to the financial services industry, has been awarded a
2005 Consensus Software Award. The award was presented to FNS by the Hon.
Senator Helen Coonan, Minister for Communications, Information Technology and the Arts at a gala award ceremony held in Sydney last night.

Endorsed by the Australian Government, the Australian Computer Society and Software Engineering Australia, and sponsored by Microsoft, the Awards bring to light examples of software design from not only across the country but
from every conceivable sphere of commercial activity.

The Consensus Software awards have been running for around six years, with the primary objective of awarding leaders in the software industry. The awards are based on three criteria generally recognised as the best indicators of excellence - innovation, performance and potential.

In making the award, the judges said: "with 105 major banking clients worldwide, BANCS has proven itself a winner with ongoing potential. BANCS'
innovative strategies moved away from silos taking a complete 'end to end'
fully integrated view of the bank's business and services.

"The early adoption of the Service Oriented Architecture (SOA) and use of the .Net technology provides high levels of portability and technological flexibility providing true competitive advantage.

"A core team that has been with the organisation for a long time supports the product. This expertise combined with flexible technology and regional knowledge, allows the organisation to identify and respond quickly to client needs whilst at the same time controlling cost and product integrity."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development