Orchestra Networks Recognized by BNP Paribas
I spoke today with Christophe Barriolade, CEO of Orchestra Networks. His firm was just recognized by BNP Paribas, the largest bank in Europe and one of Orchestra’s biggest customers, for their contributions to BNP Paribas’ master data management (MDM) strategy.
BNP Paribas took the unusual step of communicating on its corporate web site about their MDM strategy, and recognizing Orchestra Networks as its IT solutions developer and development partner.
BNP Paribas, which is #18 on the 2010 Fortune Global 500, has annual revenues of $130.7 billion and more than 182,000 employees. In 2009, the bank set up an MDM shared service center and established a community of project owners and project managers from several parts of the bank to “capitalize on shared experiences and to promote the adoption of best practices with respect to the management of master data.”
To date, BNP Paribas has adopted Orchestra Networks’ EBX platform, as well as IBM’s InfoSphere MDM Server for Product Information Management.
Christophe Barriolade said this was the first time a large account had taken the step of featuring Orchestra Networks so prominently on its own web site. BNP Paribas now has three years of experience in working with EBX, and the MDM shared service center is starting to have a positive impact on their business.
Since 2010, when a global license for EBX was negotiated, Orchestra Networks has been used at BNP Paribas on an enterprise-wide basis. EBX now provides a multidomain MDM solution for the bank, including “risk management, human resources, real estate, suppliers and even shared terminology”.
Hub Designs is independent with regards to competing technologies, and we partner with all of the major MDM vendors. By partnering with all but not formally aligning with any, we’re able to remain objective. But it’s always nice to see one of our partners recognized like this, and to have something worth celebrating.