January 12, 2009 - Software AG, a global leader in business infrastructure software, announced that Ping An Insurance of China will use its WebMethods product suite to support its business expansion plans.

 

Ping An will drive its 20 to 25 percent growth plans through offering full insurance, banking and asset management services to over 40 million customers in China. The new “one account” service, unique to China, offering one-stop-shopping of Ping An’s full range of financial products was launched in July, and within two months 100,000 customers have subscribed to the program.

 

Ping An is using Software AG’s WebMethods product suite in developing the IT platform needed to support its multiproduct, multichannel, business expansion strategy.

 

“We’ve long recognized the business benefits of a more adaptive and flexible IT infrastructure, and therefore established an Integrated IT infrastructure to support our rapidly expanding businesses,” said Henry Ma, IT General Manager and Chief Architect of Ping An. “We are, in effect, reusing intellectual property. We can leverage what we have done for one business unit to fulfill requirements coming from another. The WebMethods suite from Software AG delivers the visibility and control that allows us to manage a very granular, dynamic and fast-paced IT environment.”

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