Borland’s Software Change and Configuration Management Solution Selected by Raymond James Financial
CUPERTINO, Calif. - Jan 23, 2006 : Borland Software Corporation, (NASDAQ NM: BORL, www.borland.com), the global leader for Software Delivery Optimization, today announced that Raymond James Financial Inc., a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities, has selected Borland StarTeam® as its solution for software change and configuration management. Borland will provide Raymond James Financial with technology and services to help its IT team automate their software development processes and reduce their software delivery time-to-market.
Raymond James Financial chose Borland over three competing change and configuration management solutions, due to StarTeam’s tight integration with their existing technology infrastructure and the robust feature set that the product provided. Additionally, Borland’s current and future offerings for application lifecycle management aligned with Raymond James’ IT strategy for the future.
“We believe that technology needs to be a facilitator of business, not a bottleneck,” said Mark Abbott, vice president of product planning and development at Raymond James Financial. “Borland’s offerings map well to our long-term IT strategy – which includes automating as much of the application lifecycle as possible. Our goal is to deliver more value to the business, deliver it faster, and increase our team’s efficiency.”
Borland StarTeam will serve as an underlying foundation to help the Raymond James IT team coordinate and manage their software delivery lifecycle. By automating team communication and collaboration through customized workflows and centralized control of all project assets, Borland StarTeam will function as a bridge integrating the Microsoft® Visual Studio® development environment, Microsoft Project and Mercury Quality Center™ tools. Raymond James Financial is working with Borland Education and Borland Consulting Services to deploy the solution across its development team.
“Change and configuration management solutions play a central and extremely critical role in an effective application lifecycle management strategy,” said Marc Brown, senior director of product marketing at Borland. “It provides teams with a platform for coordinating and managing the entire software delivery process. We are pleased to be working with a company like Raymond James Financial that understands the value of making software a more predictable business process and the competitive edge that software can bring to their business.”
About Raymond James FinancialRaymond James Financial (NYSE: RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. have more than 4,800 financial advisors serving 1.3 million accounts in 2,100 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $147 billion, of which approximately $27 billion are managed by the firm's asset management subsidiaries.
About BorlandFounded in 1983, Borland Software Corporation (NASDAQ: BORL) is the global leader in platform independent solutions for Software Delivery Optimization. The company provides the software and services that align the people, process, and technology required to maximize the business value of software. To learn more about delivering quality software, on time and within budget, visit http://www.borland.com.
Borland, StarTeam and all other Borland brand and product names are service marks, trademarks or registered trademarks of Borland Software Corporation in the United States and other countries. Microsoft and Visual Studio are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. Mercury Quality Center is a trademark of Mercury Interactive in the United States and/or other countries. All other marks are the property of their respective owners.
Safe Harbor StatementThis release contains “forward-looking statements” as defined under the Federal Securities Laws, including the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created by such laws. Forward-looking statements may relate to, but are not limited to, the expected benefits to Raymond James Financial from its use of Borland StarTeam. Such forward-looking statements are based on current expectations that involve a number of uncertainties and risks that may cause actual events or results to differ materially. Factors that could cause actual events or results to differ materially include, among others, our ability to enhance the quality and scalability of our products, improve the integration and overall functionality of these products as part of our ALM software development platform and evolve our ALM platform toward our vision of SDO; acceptance of our products and services including our enterprise software development platform/solution; our ability to successfully deliver on large transactions; our ability to establish or enhance strategic alliances; rapid technological and business change that can adversely affect the demand for Borland products and services; and general economic factors and capital market conditions. These and other risks may be detailed from time to time in Borland periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its latest Annual Report on Form 10-K and its latest Quarterly Report on Form 10-Q, copies of which may be obtained from www.sec.gov. Borland is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Information contained on our website is not incorporated by reference in, or made a part of this press release.