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President Chain Store Adopts TIBCO’s Infrastructure Software Platform for Enhancing Bill Collection Service Quality

TIBCO Software Inc.
2007-10-24 11:21 3413

Taiwan Convenience Store Giant Chooses TIBCO BusinessWorks(TM) and TIBCO Enterprise Message Service(TM) for its Integrated Real-Time Transaction Platform

PALO ALTO, Calif., Oct. 24 /Xinhua-PRNewswire/ -- TIBCO Software Inc. (Nasdaq: TIBX) today announced that President Chain Store Corporation, Taiwan’s largest convenience store operator, has adopted TIBCO BusinessWorks(TM) and TIBCO Enterprise Message Service(TM) as the platform on which it has integrated its billing collection services.

President Chain Store Corporation, who is the sole licensed operator of the 7-ELEVEN franchise in Taiwan, offers bill payment services for a number of nationwide institutions and enterprises, including the Parking Management Office, Traffic Adjudication Office, telecom service providers and banks, through its 4,622 outlets across the country. Using TIBCO BusinessWorks integration software and Enterprise Message Service(TM), the company has created a real-time data exchange platform to process these bill payment transactions almost instantly. Previously, the transaction took one full working day to conduct as they were batch processed.

Apart from accelerating the transaction process and ensuring timely delivery and response of payment information for both paying consumers and authorizing institutions, the new platform has provided President Chain Store Corporation with the flexibility to expand its bill collection services and explore new business opportunities through the power and agility of the TIBCO solution.

TIBCO BusinessWorks and Enterprise Message Services also offered the benefits of reduced manual reconciliation due to transaction errors and faster real-time transaction report generating.

"We chose TIBCO’s integration and enterprise messaging software because of its reliability, ease of development and maintenance, comprehensive features and excellent follow-up support," said Winnie Liang, division manager, CVS solutions division, President Information Corporation Taiwan, the subsidiary of President Chain Store Corporation which was commissioned to implement the project.

Highlighting the agility afforded by TIBCO BusinessWorks and TIBCO Enterprise Message Service, Chia-hua Chang, director, business and systems planning department, President Chain Store Corporation Taiwan, said: "Using TIBCO’s event-driven SOA platform, it only takes 2-4 weeks for us to bind a new institution to our bill collection services and market the new billing option. This ability to launch new services quickly has enhanced our competitive edge."

Murat Sonmez, executive vice president, Global Field Operations, TIBCO said TIBCO solutions were a logical choice for President Chain Store Corporation given their proven track record. "We are honored that President Chain Store Corporation has chosen TIBCO solutions for its bill collection services platform. Reliability, security and cost-effectiveness were critical factors in President Chain Store Corporation’s evaluation of infrastructure solutions. These are areas in which TIBCO has consistently helped its clients achieve goals, as proven by our success in developing real-time data platforms," Murat Sonmez said.

About President Chain Store Corporation

Founded in 1978, President Chain Store Corporation is the sole licensed operator of 7-ELEVEN convenience stores in Taiwan with more 4,600 outlets nationwide. Over the past 20 years, President Chain Store Corporation has developed into a group with more than 30 affiliated companies and diversified business interests encompassing retailing, logistics, manufacturing and information systems. For more information about President Chain Store Corporation, go to: http://www.7-11.com.tw .

About President Information Corporation (PIC)

Founded in 1997, PIC is an affiliated company of President Chain Store Corporation Group. PIC provides total IT solution services for the Group which are including developing/maintaining business application systems, server hosting service, 7*24 Operation service and networking service, etc. By providing the total IT solution services for the Group, PIC supports all the affiliated companies to develop their business rapidly.

For more information about President Information Corporation, go to: http://www.piinet.net .

About TIBCO

TIBCO Software Inc. (Nasdaq: TIBX) provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. With over 3,000 customers, TIBCO has given leading organizations around the world better awareness and agility-what TIBCO calls The Power of Now(R). To learn more, contact TIBCO at +1 650-846-1000 or on the Web at http://www.tibco.com .

TIBCO, the TIBCO logo, The Power of Now, TIBCO Enterprise Message Service, TIBCO BusinessWorks and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.

Source: TIBCO Software Inc.
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