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HSBC Joins Other Industry Leaders as Platinum Member of The Open Group

SAN FRANCISCO, October 29, 2007 – The Open Group, a vendor- and technology-neutral consortium focused on open standards and global interoperability within and between enterprises, today announced that HSBC has joined other IT industry leaders, Capgemini, EDS, HP, IBM, and NEC, as a Platinum Member of the organization.

“HSBC shares in The Open Group’s vision of global interoperability and is very excited to work alongside other industry leaders to shape the future of enterprise architecture and information security,” said Peter Cook, head of group IT at HSBC. “We will be very actively involved in both the Architecture and Security forums, and in the ongoing development of the IT Architect Certification IT Specialist Certification programs. We see global standards for certifying the skills and experience of the various IT professions as pivotal to regulatory compliance.”

As a Platinum Member, HSBC will be participating mainly in The Open Group’s Architecture and Security Forums to help advance the work of these groups. The Architecture Forum developed and continues to evolve The Open Group Architecture Framework (TOGAF™), an industry standard that may be used freely by any organization wishing to develop its own in-house information systems architecture. The Open Group Security Forum strives to deliver secure interoperable solutions by defining standards and guidelines to prevent security breaches and vulnerabilities while raising industry confidence in today’s globally networked business world. It focuses on activities surrounding security architectures and frameworks, best practices and governance, while also providing support for identity and authentication research. In the immediate future the Security Forum will engage the accounting and legal communities as it continues work on a framework for information-centric security governance.

“We are very excited to welcome HSBC into The Open Group as a Platinum Member,” said Allen Brown, president & CEO of The Open Group. “As one of the world’s leading financial institutions, their experience and influence will provide great value to other members of The Open Group and our efforts to achieve Boundaryless Information Flow through open standards and global interoperability.”

For more information on The Open Group, please visit: http://www.opengroup.org/member/.

About HSBC Holdings plc
HSBC Holdings plc serves over 125 million customers worldwide through around 10,000 offices in 83 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of some US$2,150 billion at 30 June 2007, HSBC is one of the world's largest banking and financial services organizations. HSBC is marketed worldwide as 'the world's local bank'. For more information, log on to http://www.hsbc.com.

About The Open Group
The Open Group is a vendor-neutral and technology-neutral consortium, which drives the creation of Boundaryless Information Flow™ that will enable access to integrated information within and between enterprises based on open standards and global interoperability. The Open Group works with customers, suppliers, consortia and other standard bodies. Its role is to capture, understand and address current and emerging requirements, establish policies and share best practices; to facilitate interoperability, develop consensus, and evolve and integrate specifications and open source technologies; to offer a comprehensive set of services to enhance the operational efficiency of consortia; and to operate the industry’s premier certification service. Further information on The Open Group can be found at http://www.opengroup.org.

Note to editors: Boundaryless Information Flow and TOGAF are trademarks of The Open Group. All other company, brand and product names may be trademarks or registered trademarks of their respective holders.

Media contact:
Bill Bourdon
The Bateman Group, for The Open Group
00-1-415-602 1491
opengroup@bateman-group.com
 
 
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