AccuRev Removes Development Barriers at Liberty Financial
Lexington, MA, March 16, 2009 – AccuRev Inc. today announced that Liberty Financial, one of Australasia's leading specialty finance groups, has already accelerated its software development process by approximately 10 percent since standardizing on AccuRev for agile software change and configuration management.
AccuRev has increased the financial institution's ability to deliver more working software to its operations staff at a fraction of the time it previously took using a less agile SCM tool. Previously, developers may have been impacted for a week at a time during a development stabilization phase where they were unable to continue coding. Additionally, broken builds were a common problem, occurring regularly. Today, with AccuRev, developer productivity is increased dramatically because there is no developer downtime during this stabilization phase. Also, broken builds rarely occur due to automation of the processes, and are resolved much more quickly when they do.
Liberty Financial has also realized significant improvements within its Multi-stage continuous integration environment that utilizes AccuRev with CruiseControl.NET and a virtual build farm based on VMware. AccuRev allows the team to have multiple simultaneous versions of the code base running in different stages of development, whereas prior the team could only manage one. Additional areas where AccuRev benefits the development organization include:
- The team has undertaken more projects, some of which would have previously been impossible;
- Projects are now broken down by issues further refining its projects' processes, providing more control over how much work is being done;
- AccuRev is leveraged to drive development KPIs without the need for additional external tools;
- Administration costs are significantly lower utilizing zero administrators and less than one hour per month.
Greg Bastian, Manager of Architecture and Information Services, Liberty Financial, said, "AccuRev has surpassed our initial requirements and increased development efficiency by approximately 10 percent, with additional gains expected over the coming year. As we prepare to adopt a component-based and service oriented architecture (SOA) approach to drive better reuse of our core services, AccuRev will give us more control over how often those services change."
Philip Roe, General Manager, Technology at Liberty Financial, said, "Our core strength is finance and our focus is on business applications, not technology. AccuRev allowed us to get up and running quickly and not get bogged down into the technicalities of it. Other solutions evaluated may have been less costly up front, but AccuRev is designed to easily adapt to the way we need to work at any given time, easily paying for itself within the first year."
About Liberty Financial
Liberty Financial is one of Australasia's leading specialty finance groups. Its businesses include residential and commercial mortgages, motor vehicle, debtor and equipment finance in Australia and New Zealand. It employs over 200 professionals and has raised more than $10b from domestic and international capital markets while helping more than 100,000 customers achieve their financial goals.
About AccuRev Inc.
AccuRev optimizes and automates the software development process to allow organizations using Agile or other development process models to accelerate their throughput and release higher quality software. AccuRev's flexible and efficient approach to managing the software release process together with code assets is relied on by organizations challenged with doing Agile and parallel development, transitioning to Agile development practices, or managing geographically distributed and offshore teams. AccuRev ensures greater project visibility, optimal team collaboration, and software asset reuse to deliver more software at over 30 percent faster than traditional file-based, branch and label SCCM solutions. AccuRev, the fastest growing SCCM company, is used by over 500 global enterprises including Polycom, Texas Instruments, American Airlines, Orbitz, Thomson Financial, Verizon Wireless and Lockheed Martin.
AccuRev, Inc. is headquartered in Lexington, Massachusetts and is privately held. More information about AccuRev can be found at http://www.accurev.com, or by calling 1-800-383-8170 (US and Canada), and 1-781-861-8700 (Outside North America).
Copyright © 2009 AccuRev, Inc. AccuRev is a registered trademark of AccuRev, Inc. All other trademarks mentioned in this release are the property of their respective owners.
Media Contact:
| Alex Forbes AccuRev, Inc. 781.861.8700 ext. 163 aforbes@accurev.com |