SunGards brokerage and clearance business has achieved the Maturity Level 2 Rating of SEIs CMMI for Development, Version 1.2 (Software Engineering Institutes Capability Maturity Model Integration) for its GMI clearing and accounting solution for exchange traded derivatives, futures and options. An integrated, enterprise quality model used to enhance an organizations ability to manage project activities toward success, the CMMI appraisal rating recognizes SunGard as a quality provider of systems engineering, software development and IT services.
I wish to congratulate SunGard on achieving the Maturity Level 2 rating for the GMI solution, says Mukul Madan, founding partner at QAI India Limited. The benefits of SunGards investment in process improvement are evident in the discipline it has established for its project management practices, as well as insights that have been gained from projects. With a senior management-level focus on improved understanding and experience sharing, I expect SunGard will cross more milestones in the future.
Achievement of CMMI Maturity Level 2 culminates in the successful evaluation of an organizations ability to administer requirements management, project planning, project monitoring and control, measurements and analysis, process and product quality assurance, and configuration management. SunGards GMI project team also worked with SunGards Center of Excellence to help accelerate the projects timeline and leverage existing material from the achievement of the CMMI Maturity Level 2 Rating for SunGards Phase3 securities processing solution and Stream data aggregation and event-driven applications in 2006.
SunGard is committed to the highest software quality, customer satisfaction and timely delivery, says Gerry Murphy, president of SunGards brokerage and clearance business. By achieving this rating, SunGard has a shared vision across several product lines to deliver greater value to customers in a more timely and productive fashion.
SEI is a federally funded research and development center sponsored by the U.S. Department of Defense (DoD) and operated by Carnegie Mellon University. Originally commissioned by the DoD to help them qualify software vendors capabilities, CMMI is used by organizations worldwide to help them achieve product and process improvements.
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