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December 21, 2010 Newswires
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BF&M Selects Talend for Rapid Data Migration

Talend Integration Suite Aids in Transformation of Data for Bermuda’s Leading Insurance Provider

LOS ALTOS, Calif.--(BUSINESS WIRE)-- Talend today announced that BF&M, the leading Bermuda insurance group, has chosen Talend’s open source data management solution to streamline the company’s data migration processes between systems. The company chose Talend, after a thorough evaluation of a broad range of products, to reduce the time and improve the performance of migrating and maintaining constantly changing customer service databases and underwriting policies for a wide range of insurance products.

BF&M has two large operating companies within the group. BF&M Life Insurance Company Limited is a leading provider of life, health and pensions products, and BF&M General Insurance Company Limited is the leading general insurer in Bermuda providing all forms of property, casualty, motor and marine products. After a multi-vendor product evaluation of ETL tools from Informatica, CloverETL and Kettle, now Pentaho Data Integration, BF&M chose Talend for its ease-of-use, productivity gains, data manipulation features and on-the-fly recording capabilities. Talend was quickly deployed to drive a system replacement project that involved moving and maintaining the data from a legacy AS/400 application to the new Wynsure system.

“With the data volume and complexity associated with our legacy system, BF&M required a data migration and integration tool to relieve our developers from trying to hand code a solution,” said Paul Matthews, vice president, information technology. “Talend Integration Suite was a clear winner against other ETL tools, seamlessly migrating and modifying data from the legacy application to Wynsure. We cut the project development time by approximately 70% with Talend compared to what it would have taken without an ETL tool.”

Initially, Talend was deployed as a critical tool for BF&M’s data migration project; however the solution is now being used for far more than originally conceived. BF&M conducts a great deal of data integration work with partners, such as transportation departments, banks and health authorities throughout Bermuda. It has expanded the use of Talend and its powerful ETL functionality, making it the central hub for all data integration requirements for BF&M’s production systems.

“BF&M is a perfect illustration for how Talend’s open source data management solutions are being adopted by companies of any size in virtually every industry to help them better manage and drive value from their critical information assets,” said Vincent Pineau, Talend’s vice president and general manager, Americas. “Talend’s model combines the most cost effective solution with the most advanced features, fully meeting BF&M’s requirements.”

ABOUT BF&M

BF&M Limited is the holding company of the BF&M Insurance Group. The two largest operating companies within the Group are BF&M Life Insurance Company Limited, a leading provider of life, health and pensions products, and BF&M General Insurance Company Limited, the leading general insurer providing all forms of property, casualty, motor and marine products. The group includes several other companies including Bermuda International Insurance Company Limited, Bermuda International Reinsurance Services Limited, Marchmont Insurance Company Limited, BF&M Investment Services Limited, BF&M Properties Limited, (including Scarborough Property Holdings Limited and Barr’s Bay Properties Limited), BF&M (Canada) Limited, Hamilton Financial Limited, and a 51.6% interest in the Insurance Corporation of Barbados Limited.

ABOUT TALEND

Talend is the recognized market leader in open source middleware solutions. More than 1,500 paying customers around the globe, including eBay, Virgin Mobile, Sony Online Entertainment, Deutsche Post and Allianz, subscribe to Talend’s solutions and services to minimize the costs and maximize the value of data integration, ETL, data quality, Master Data Management and application integration. With more than ten million downloads, Talend’s solutions are the most widely used and deployed data management solutions in the world. The company has major offices in North America, Europe and Asia, and a global network of technical and services partners. Within the last year, Talend has received a number of prestigious honors including: named a Network World open source company to watch, and a winner of the AlwaysOn Global 250, the Red Herring Top 100 Europe, The VAR Guy's Open Source 50 and InfoWorld’s Bossie Award. For more information, please visit http://www.talend.com.

Talend
Yves de Montcheuil
[email protected]
or
Schwartz CommunicationsBritt Gottlieb, 415-512-0770
[email protected]

Source: Talend

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