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July 9, 1997updated 05 Sep 2016 1:05pm

ADAPTIVE AIMS ASSET MANAGEMENT TOOL AT FINANCE SECTOR

By CBR Staff Writer

New UK start-up Adaptive Solutions for Business Ltd claims to have come up with the first package to combine system and support tools with people management and business processing re- engineering. Adaptive-Enterprise is basically an asset management package aimed initially at the financial services marketplace. It concentrates on the design and modelling side of project management, and acts as the core to a number of projected application specific add-ons. The first of these is Adaptive- 2000, for organizing large Year 2000 conversion projects, developed in conjunction with Unisys Corp. Others, including a workflow add-on in conjunction with Staffware Plc, and a human resources package, are to follow. At the server end, the software runs on top of Unisys Corp’s Universal Repository, itself based on Versant Object Technology Corp’s object database, and the Orbix object request broker from Iona Technologies Plc. Adaptive has built its own user interface layer at the front-end, for Windows95 or NT clients. The company is the result of a spin-off from the Abbey National Building Society, which acquired a strong team of organizational developers when it bought the National and Provincial Society last year. It is funded by Abbey National and venture capital company 3i Group Plc, and plans a foray into the US market early next year, planning to open an East Coast office. The firm currently employs 21 people. Adaptive-Enterprise costs 25,000 pounds for an eight-user system.

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