Bank of Shanghai Selects CollabNet TeamForge ALM Platform to Enable Enterprise Agile and Open Source Tool Adoption

As Bank of Shanghai adopts modern software practices and leverages the value of open source tools in the enterprise, TeamForge stands out as the preferred ALM platform

SOUTH SAN FRANCISCO, Calif., Oct. 13, 2014CollabNet®, the leader in Application Lifecycle Management (ALM) for Enterprise Agility, today announced that Bank of Shanghai has selected and deployed its TeamForge ALM platform to help modernize its software delivery process within a highly regulated business environment. With nearly 900 developers and stakeholders on the platform, Bank of Shanghai selected TeamForge to help it adopt various Agile-based methods and to manage its growing use of best-of-breed open source tools, including Subversion and Jenkins. TeamForge was selected after an exhaustive review of ALM platforms.

“Quality, innovative software is critical to the success and growth of our bank, and is vital to deliver exceptional services to our growing and valued customer base,” said Gangzalo Meng, Project Manager, for Bank of Shanghai. “CollabNet and TeamForge offer the flexibility to adopt a wide range of tools and processes together with the visibility and governance we need to organize and track an increasingly complex portfolio of software projects and applications.”

Like many industries, financial services organizations continue to improve customer service and drive business growth through software applications that span the desktop and all mobile devices for end-users, and on-premise and cloud infrastructure for enterprise IT agility. Headquartered in Shanghai, Bank of Shanghai is a great example of how technology and outstanding customer service lead to business success. In less than a decade, it has grown into one of China’s leading regional banks, with 294 branches and outlets, including 186 self-service banking and 2,377 self-service terminals, preliminarily covering the Yangtze River Delta, Pearl River Delta and Bohai Bay regions. The bank is committed to excellence in customer satisfaction and to adopting modern software development innovation to grow its business.

CollabNet TeamForge helps distributed software organizations like Bank of Shanghai manage and track all aspects of software delivery to accelerate cycle times and deliver better software faster. It allows teams to use the tools and processes they want – all within a centralized management environment that provides complete visibility and governance. By supporting any process and any tool, it helps organizations gain Enterprise Agility and the ability to be more responsive to both internal and external dynamics. TeamForge uniquely blends collaboration, agility and governance like no other ALM platform today.

“At CollabNet we take an all-encompassing, holistic view of all aspects of software delivery to help organizations achieve Enterprise Agility. We believe that software delivery in the enterprise requires a blend of flexibility, the freedom to choose a range of tools and processes and cross-functional collaboration – coupled with centralized visibility and governance,” said Bill Portelli, co-founder and CEO for CollabNet. “We are very pleased to work hand-in-hand with Bank of Shanghai and to share our expertise in driving improved software results within highly regulated industries like financial services.”

Enterprise Agility represents a truly strategic approach to orchestrating and centrally organizing all of the functions, tools and processes that go into building and deploying software. Enterprise Agility helps organizations be adaptive and highly responsive, to internal and external dynamics, and to the ever-changing expectations placed on software and IT organizations. It’s about being able to recognize change, and having the confidence and infrastructure in place to respond very quickly.

Tweet this: #CollabNet selected by Bank of Shanghai for #Agile #ALM support with #TeamForge www.collab.net

About CollabNet

CollabNet® is the creator of Subversion® and a pioneer in cloud-based Application Lifecycle Management (ALM) solutions for increasing enterprise agility and governance. CollabNet provides industry-leading products plus agile consulting and training services to help organizations of all sizes develop and deploy software faster. CollabNet's flagship product, TeamForge®, provides customers with an open and extensible collaborative software development and delivery platform to increase collaboration and application release efficiency across larger, distributed teams. TeamForge users also gain better governance with enhanced visibility and traceability across the software development lifecycle. For smaller teams, CollabNet provides CloudForge®, a cloud-hosted version of Subversion, Git and TeamForge, that enables fast project starts on-demand. CollabNet has been recognized for 10 consecutive years as a SD Times 100 industry innovator and is consistently positioned as a leader within Tier One industry analyst reports, including an Independent Research Firm report on “Application Life Cycle Management Tools.” For more information, please visit www.collab.net.

CollabNet and TeamForge are registered trademarks of CollabNet, Inc.  Subversion® is a registered trademark of the Apache Software Foundation. Other names may be trademarks of their respective holders.

Press Release
October 13, 2014