(New Haven, CT) -Metaserver, Inc., a developer of best-of-breed business process integration (BPI) software, announced that The Phoenix Companies, Inc., a leading provider of wealth management products and services to individuals and institutions, has signed an enterprise license agreement to use Metaserver technology.

Metaserver's integration software enables financial services companies with complex systems and processes to take advantage of systems that are already in place by automating and managing businesses processes across their enterprise and the Internet.

"To remain competitive, Phoenix is carefully investing in cutting-edge, high-performing technology like Metaserver's, which can demonstrate results and return on investment," said Robert Fiondella, chairman and chief executive officer of The Phoenix Companies, Inc. "It is critical for Phoenix to have the ability to automate manual business processes that are otherwise time consuming and expensive to execute."

Metaserver's modeling environment increases collaboration to accelerate new services, streamline operations, reduce operating costs and improve responsiveness to customer demands. Using Metaserver's easy-to-use and highly visual modeling feature, business managers can invoke business process requests in real-time.

"BPI software can help Phoenix preserve major investments in legacy systems and avoid the expense of having to write new code to replicate existing functionality," said Richard Schultz, chief executive officer and founder of Metaserver. "We have seen Metaserver's BPI software provide companies with up to an 80 percent lower cost of implementation, a 70 percent faster implementation and a 70 percent lower cost of maintenance over more traditional methods of integration."