Ingres Corporation, the leading open source database management company and pioneer of the New Economics of IT, announced today that Banca IFIS (ISIN IT0003188064, Bloomberg ticker IF MI, Reuters ticker IF MI) has adopted Ingres Database, the leading open source database that helps organizations develop and manage business critical applications at an affordable cost. Ingres Database allows Banca IFIS to effectively manage the sensitive financial information resulting from the large number of financial transactions its customers make on a daily basis.
Banca IFIS is the only independent Italian bank specializing in financing enterprises. Committed to the development of new services for lending financial support and managing working capital, the bank helps thousands of enterprises every year find the appropriate solution to their financial needs. Banca IFIS implemented Ingres Icebreaker, which allows a low cost, simplified installation of Ingres Database. It is the first fully integrated enterprise-class database and Linux operating system with an intelligent online patching mechanism. In addition, administrative tasks are simplified with an easy-to-use consolidated management portal.
Banca IFIS also chose to take advantage of an operational services engagement with Ingres. This provides a proactive 24 hour support service to ensure optimal performance of this mission critical installation.