HP Integrity NonStop

Lusis announces availability of TANGO transaction platform on HP Integrity NonStop servers for advanced FSI application use.

Paris, France, 30 Sept 2009 – Lusis, a leading ISV in transaction switching technology, announces the availability of the TANGO transaction engine on HP Integrity NonStop servers. TANGO supports advanced ATM, POS, Switching, and Authorization applications and value added services applications in the Financial Services Industries (FSI). TANGO also supports mission-critical applications in non-FSI markets.

TANGO availability on HP Integrity NonStop broadens the Lusis product range which previously encompassed HP-UX, LINUX, and other UNIX operating environments. The TANGO technology provides customers with modern, fully-featured switching technology, based on open standards, while also allowing the customer or a local reseller the flexibility to implement, self-support, modify, and expand advanced FSI applications in an open, federated approach with existing FSI applications. The user can then minimize cost and risk in moving to next-generation payment systems.

“TANGO transaction environments allows unmatched flexibility – at very low risk -- as FSI customers implement next generation payment applications,” said Philippe Preval, managing director of Lusis. “Working with HP Integrity NonStop servers at the EMEA technical center, we have demonstrated that the TANGO architecture fits well with the open and modern NonStop software ecosystem. This means that FSI customers can fully utilize the power of the NonStop platform, together with its unmatched scalability and reliability, to lower the cost and risk of implementing next generation FSI processing. We see an exciting opportunity for this solution in FSI institutions who are reviewing their payment infrastructure with a view to significantly reduce their costs without compromising quality or availability, and, to leverage data for value-added services as key differentiators.”

The TANGO transaction engine is available for ATM, POS, FSI transaction switching, and FSI transaction authorization on the full range of the HP NonStop Integrity product line – including HP Integrity NonStop BladeSystem and the HP Integrity NS2000 family of entry-level servers.

“Financial institutions seek low-cost, low-risk ways to transform their mission-critical payment and transaction processing systems to support business growth,” stated Winston Prather, general manager of the NonStop Enterprise Division at HP. “The combination of Lusis’ TANGO and HP Integrity NonStop helps customers implement a next-generation payment system, while reducing total cost of ownership by 30 percent over their current technology infrastructure.” (“NonStop Stimulus,” Boston: The Standish Group, 2009.)

LUSIS is a mission critical software provider to businesses and institutions for more than 10 years. For the fiscal year ended sept. 30, 2008, LUSIS revenue totaled $13.1 million.

Lusis Payments - Press release

Press Release - France and United Kingdom – 26/07/2010 -

Lusis and eLECTIO merge to form Joint Venture Lusis Payments; focussed on delivering state of the art transactional processing solutions to the retail payments sector

Lusis, the Paris based supplier of mission critical transaction processing systems, has acquired in full Iliad’s shareholding in eLECTIO payments, the UK based payments services consultancy. The result is Lusis Payments, designed specifically to address the growing needs of banks and financial institutions faced with the challenge of changing their existing legacy payments solutions. Lusis will hold a 51% share in Lusis Payments, with the remainder being held by the management and employees of the company. The agreement is focussed on expanding the presence of the Lusis solution set in the retail payments sector.

The recent, highly successful, port of the Lusis product onto the HP NonStop platform positions the company ideally to build on previous successful deployments. This process, completed in a very short timescale, was a testament to the architecture of the technology, which provides a real alternative to users of legacy solutions on NonStop. The SOA design of the software, combined with a unique approach to the use of scripts and messaging, enables the delivery of new functionality in a fraction of the time taken by those legacy suppliers.

Phillipe Preval, CEO of Lusis, said: “We invested in porting Tango to HP NonStop specifically to address the significant opportunity that exists in retail payments on that platform. Within the core Lusis business we have strong technical expertise in and around retail payments, along with a technology set that has been proven on many occasions to be a genuine leader in this space. As a result of this acquisition, we drastically strengthen our company profile with a highly skilled and experienced management team that is able to implement a global commercial action plan, execute deployment all over the world and deliver this customer focussed attitude which we hold core to the ethos of Lusis. We believe this management team will draw on the many advantages of this exceptional technology. As we scale the business and take advantage of the growth that the market affords us, the knowhow within Lusis Payments will ensure that the needs of our clients will be well served both now and long into the future.

Richard Launder, Chairman of eLECTIO, and of Lusis Payments, said: “This development is a significant one in the retail payments landscape in EMEA and beyond. There is a very real demand for a credible payments software alternative that operates on the HP NonStop platform. The quality and integrity of the Lusis solution has been recognised over many years by the Company’s clients, and more recently by HP following its analysis of the port of the software from Unix to NonStop; adding the know-how and experience of the eLECTIO team creates a compelling offer for financial institutions. The new organisation is extremely well positioned to service clients at a level to which they had become accustomed, but which has been increasingly absent over the last two years: I have always believed that customer satisfaction needs to be the top priority of any business, and I am committed to ensuring that in Lusis Payments we make this core to our thinking and operation. I am proud to be part of an organisation that I believe will provide financial institutions with real options in delivering cost effective, state of the art retail payments solutions throughout the next decade and beyond.

About Lusis: Lusis is a specialist software, services and consulting company focussed on the delivery of mission critical systems to its clients in a number of sectors. With offices in Paris and Luxembourg, the Company has been in existence for over 10 years and has a turnover in excess of €13 Million.

About Lusis Payments: Lusis Payments is the sales, implementation, support and services arm of Lusis. Its know-how combined with Lusis’ exceptional technology offers a real alternative to banks and financial institutions seeking solutions in retail payments. Housed in the UK, the company has extensive experience of marketing, implementing and supporting some of the world’s largest payments systems, enabling its clients to mitigate risk in the process of change. To contact Lusis Payments please send an e-mail to info@lusispayments.com