CAST

The Capital Group Protects Legacy with CAST

Well-heeled Investment & Asset Management Firm Invests in Structural Quality

NEW YORK, Tuesday, August 14, 2012 – CAST, a world leader in software analysis and measurement, today announced that The Capital Group Companies invested in CAST Application Intelligence Platform (AIP) to secure its 80 year legacy of exceptional client service.

The organization launched a corporate wide process improvement initiative with the aim to ensure maximum uptime, improve time to market and guarantee customer satisfaction. Capital Group’s initial investment focuses on 10 critical systems with the scope to broaden to the critical application portfolio over the next 24 months.

Capital Group’s deployment of CAST AIP concentrates on critical system capabilities such as performance, reliability and security – those areas that represent potential reputational impact if outages or breaches were to occur.

“As a customer, system outages are a nuisance; however, to businesses they represent real financial risk and in some instances, such as Knight Capital, they represent financial ruin,” said Dr. Bill Curtis, SVP and Chief Scientist at CAST. “At the heart of this epidemic is that most organizations aren’t analyzing applications at the right level. The industry overly relies on testing yet 90% of system outages occur due to architectural complexities, those that are not detectable by test tools or simple code review.”

 

About CAST
CAST is a pioneer and world leader in Software Analysis and Measurement, with unique technology resulting from more than $100 million in R&D investment. CAST introduces fact-based transparency into application development and sourcing to transform it into a management discipline. More than 250 companies across all industry sectors and geographies rely on CAST to prevent business disruption while reducing hard IT costs. CAST is an integral part of software delivery and maintenance at the world's leading IT service providers.

Founded in 1990, CAST is listed on NYSE-Euronext (Euronext: CAS) and serves IT intensive enterprises worldwide with a network of offices in North America, Europe and India.