S1 Enterprise, has made available a new release of S1 Corporate Banking that encompasses an array of user customizable and international online cash management capabilities including: a new Interactive Information Reporting solution that offers user-defined data manipulation so banks can provide their large corporate customers the ability to tailor the user experience to their individual needs, and a Service Oriented Architecture (SOA) based Global Payments Framework that will enable banks to more easily implement new high and low value payment types worldwide.
Interactive Information Reporting allows users to customize the appearance of their prior day and current day report information, execute advanced data aggregation and complex calculations, and perform advanced sorting and filtering of account information. In addition, a new Business Dashboard leverages the latest in Web 2.0 technologies to provide "drag and drop" widgets for immediate access to the most relevant data and functions. Users have access to account balance metrics, reporting and transaction capabilities, items needing immediate attention, and shortcuts to transaction initiation functions. Users can enjoy a unique online experience as their customizations to Interactive Information Reporting and Business Dashboard can be saved.
The Global Payments Framework allows S1 Enterprise and its customers to easily add new country specific payment methods. Based on SOA principles, the Global Payments Framework supports open standards based web services, enabling maximum flexibility and ensuring technology alignment with current and emerging standards. Additionally, AJAX and context sensitive Java-Help were implemented to leverage an enhanced user experience. Other key features of the new S1 Corporate Banking solution include asynchronous export, integration of SWIFT-reported data, eReport usability upgrades, and IAT payments.
Finally, extensive modifications were incorporated to facilitate multi-locale, multilingual installations.
"With this release, we have taken significant steps to execute on our SOA strategy. Additionally, our Interactive Information Reporting and Business Dashboard capabilities leverage the newest technologies to provide innovative solutions for banks who want to provide a user-centric customer experience," says Fred Dumas, General Manager, S1 Treasury Online Group. "Leading institutions such as Comerica Bank and Zions Bancorporation will be the first banks to leverage the new S1 Corporate Banking application."
Showing posts with label banking tools. Show all posts
Showing posts with label banking tools. Show all posts
Monday, 20 October 2008
Commerce Bank Implements OBS Online Messenger
Commerce Bank, the principal subsidiary of Commerce Bancshares, Inc. a $17 billion, Missouri-based regional bank holding company, has successfully implemented the OBS Online Messenger Alerts service to provide clients with full detail of their incoming and outgoing wires.
Long time OBS customer Commerce Bank leveraged the highly flexible Online Messenger platform to roll out additional event-based multi-channel reporting to meet the growing needs of the business banking market. This service extends traditional online information reporting to both the email and text message channels.
"With the new service, Commerce customers are among the first in the banking industry to receive encrypted messages
containing detail of their wire transactions - considered much more useful than simple notifications that a wire has been received," said Bruce Bienhoff, vice president, Product Development, Commerce Bank.
"Wire notifications add real-time reporting to traditional Treasury Management products and services," says Joe Spatarella, OBS vice president of Sales and Marketing. "In the current volatile environment, up-to-the- minute information about transactions is a requirement for funds management and control."
Long time OBS customer Commerce Bank leveraged the highly flexible Online Messenger platform to roll out additional event-based multi-channel reporting to meet the growing needs of the business banking market. This service extends traditional online information reporting to both the email and text message channels.
"With the new service, Commerce customers are among the first in the banking industry to receive encrypted messages
containing detail of their wire transactions - considered much more useful than simple notifications that a wire has been received," said Bruce Bienhoff, vice president, Product Development, Commerce Bank.
"Wire notifications add real-time reporting to traditional Treasury Management products and services," says Joe Spatarella, OBS vice president of Sales and Marketing. "In the current volatile environment, up-to-the- minute information about transactions is a requirement for funds management and control."
First Tennessee Implements OBS Online Messenge
First Tennessee Bank has implemented the OBS Online Messenger system with the introduction of automated file delivery services for commercial and small business customers.
The bank's Online Messenger rollout plan includes a package with simple file mapping and data integration features for small business owners eliminating the need to format files to bank specifications.
"With the new OBS Secure File Transfer Service, our customers no longer need to write cumbersome scripts to transmit a file. In addition, when another copy of a file is needed, the customer can activate the request online versus having to call into the customer support area," said Nanette Crocker, SVP, First Tennessee Bank.
According to Crocker, the file mapping feature enables the bank to expand its Positive Pay customer base since small businesses can now send simple spreadsheet formats that are systematically converted to the bank's required file layout.
"Leveraging the tools utilized by a small company enables Treasury Management services to meet the needs of the business banking market," says Joe Spatarella, OBS vice president of Sales and Marketing. "Features that enable secure file transfer with a straight-forward 'browse and attach' approach remove complexity and cost of entry barriers to service and resulting revenue growth."
The bank's Online Messenger rollout plan includes a package with simple file mapping and data integration features for small business owners eliminating the need to format files to bank specifications.
"With the new OBS Secure File Transfer Service, our customers no longer need to write cumbersome scripts to transmit a file. In addition, when another copy of a file is needed, the customer can activate the request online versus having to call into the customer support area," said Nanette Crocker, SVP, First Tennessee Bank.
According to Crocker, the file mapping feature enables the bank to expand its Positive Pay customer base since small businesses can now send simple spreadsheet formats that are systematically converted to the bank's required file layout.
"Leveraging the tools utilized by a small company enables Treasury Management services to meet the needs of the business banking market," says Joe Spatarella, OBS vice president of Sales and Marketing. "Features that enable secure file transfer with a straight-forward 'browse and attach' approach remove complexity and cost of entry barriers to service and resulting revenue growth."
Monday, 13 October 2008
BluePhoenix Wins $5m of Deals
BluePhoenix Solutions (NASDAQ: BPHX), has recently signed two new deals valued at over $5 million for two large European banks.
Blue Phoenix solutions offer financial institutions a unique platform to reduce operating and maintenance costs of their IT assets, which is of critical importance now, with the banking industry worldwide in crisis mode. These two deals reinforce the market opportunity for Blue Phoenix and demonstrate that the company's ability to close large deals from its growing pipeline for potential business has remained robust during this recent economic downturn.
"BluePhoenix has an outstanding track record of working with banks to help them reduce total cost of ownership around more efficient, flexible and reliable platforms," said Yaron Tchwella, president of BluePhoenix Solutions. "Our unique modernization resources are helping our clients meet their cost-cutting mandates while they migrate their legacy IT systems to modern-day platforms. We look forward to the opportunity to work with these two customers and continuing to take advantage of what we see as an excellent business opportunity in front of us."
Blue Phoenix solutions offer financial institutions a unique platform to reduce operating and maintenance costs of their IT assets, which is of critical importance now, with the banking industry worldwide in crisis mode. These two deals reinforce the market opportunity for Blue Phoenix and demonstrate that the company's ability to close large deals from its growing pipeline for potential business has remained robust during this recent economic downturn.
"BluePhoenix has an outstanding track record of working with banks to help them reduce total cost of ownership around more efficient, flexible and reliable platforms," said Yaron Tchwella, president of BluePhoenix Solutions. "Our unique modernization resources are helping our clients meet their cost-cutting mandates while they migrate their legacy IT systems to modern-day platforms. We look forward to the opportunity to work with these two customers and continuing to take advantage of what we see as an excellent business opportunity in front of us."
Saturday, 11 October 2008
BankVal Server
A customer hosted validation web service and batch validation application. Provides full validation and lookup of UK bank sort codes and account numbers. Vendor is United Software
Friday, 10 October 2008
OBS
OBS is a highly specialized Atlanta-based technology company providing next-generation Cash Management and Business Banking revenue generating solutions to financial institutions. OBS clients include 7 of the top 50 banks. Based on the proven, event-based, multi-channel Online Messenger(TM) ASP platform, products include: Unattended BAI File Delivery, M-Secure Browser, M-Secure Keyboard, Two-Factor Authentication, Secure File Transfer, Automated File Mapping, Single Sign-On (SSO) Services and OnBoard Automated Enrollment Engine.
Wednesday, 1 October 2008
BluePhoenix
BluePhoenix Solutions (NASDAQ: BPHX) is a leading provider of value-driven modernization solutions for legacy information systems. BluePhoenix offerings include a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, re-hosting, and renewal. Leveraging over 20 years of best-practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped, or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.
BluePhoenix provides modernization solutions to companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. Among its prestigious customers are: Aflac, CareFirst, Citigroup, Danish Commerce and Companies Agency, Desjardins, Los Angeles County Employees Retirement Association, Merrill Lynch, Rabobank, Rural Servicios Informaticos, SDC Udvikling, TEMENOS, Toyota and Volvofinans. BluePhoenix has 15 offices in the USA, UK, Denmark, Germany, Italy, France, The Netherlands, Romania, Russia, Cyprus, South Korea, Australia, and Israel.
BluePhoenix provides modernization solutions to companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. Among its prestigious customers are: Aflac, CareFirst, Citigroup, Danish Commerce and Companies Agency, Desjardins, Los Angeles County Employees Retirement Association, Merrill Lynch, Rabobank, Rural Servicios Informaticos, SDC Udvikling, TEMENOS, Toyota and Volvofinans. BluePhoenix has 15 offices in the USA, UK, Denmark, Germany, Italy, France, The Netherlands, Romania, Russia, Cyprus, South Korea, Australia, and Israel.
Wednesday, 10 September 2008
TCS FInancial Launches Core Banking 10
TCS Financial Solutions, the strategic business unit of Tata Consultancy Services has launched of TCS BαNCS Core Banking version 10.
Utilizing sophisticated integration methodologies, techniques and tools, TCS BαNCS Core Banking version 10 also presents innovative functional enhancements in the areas of Lending, Deposits, Islamic banking, Origination, Preferential Pricing, Securitization, Trade Finance and Treasury. This advanced solution is further enriched with the addition of business rule driven TCS BαNCS Origination product. These enhancements are deployable in support of all TCS clients’ Universal Banking requirements including Retail, Corporate, Private and Islamic Banking.
“The fast pace of business change is forcing a technology evolution in the back office. Advanced core solutions that deploy a services-oriented, component-based architecture enable business agility.” said Don Free, Research Director, Gartner.
"TCS BαNCS Core Banking version 10’s powerful and comprehensive functionality will enable our clients to leverage seamless Business Process integration capabilities across all Channels and underlying systems,” said N. Ganapathy Subramaniam, President, TCS Financial Solutions. “With the benefit of advanced Service-Oriented Architecture, this version can drive any bank’s efforts to transform operations, enhance customer service levels, drive new product development, enable targeted revenue growth and also achieve lower total cost of ownership.”
Designed for the Web 2.0 paradigm TCS BαNCS Core Banking version 10 enables financial institutions to drive transformation, modernize their processes and workflows with its powerful and state of art Service-Oriented Architecture. TCS BαNCS Core Banking version 10 exposes functionality through Web services that can be seamlessly integrated with in-house legacy systems. The system also supports business process orchestration using industry standard middleware products. TCS BαNCS Channels offers multiple touch points providing a consistent user experience across multiple channels such as branch outlet, self service via the web, and call center, to interactive voice response and mobile banking.
TCS BαNCS Core Banking version 10 delivers a 360° view of the customer's relationship with the bank. To improve customer service and cross-selling opportunities this view encompasses all facilities, accounts, applications and contacts. This is enriched further by a full record of every relationship that a customer has across all lines of business.
Utilizing sophisticated integration methodologies, techniques and tools, TCS BαNCS Core Banking version 10 also presents innovative functional enhancements in the areas of Lending, Deposits, Islamic banking, Origination, Preferential Pricing, Securitization, Trade Finance and Treasury. This advanced solution is further enriched with the addition of business rule driven TCS BαNCS Origination product. These enhancements are deployable in support of all TCS clients’ Universal Banking requirements including Retail, Corporate, Private and Islamic Banking.
“The fast pace of business change is forcing a technology evolution in the back office. Advanced core solutions that deploy a services-oriented, component-based architecture enable business agility.” said Don Free, Research Director, Gartner.
"TCS BαNCS Core Banking version 10’s powerful and comprehensive functionality will enable our clients to leverage seamless Business Process integration capabilities across all Channels and underlying systems,” said N. Ganapathy Subramaniam, President, TCS Financial Solutions. “With the benefit of advanced Service-Oriented Architecture, this version can drive any bank’s efforts to transform operations, enhance customer service levels, drive new product development, enable targeted revenue growth and also achieve lower total cost of ownership.”
Designed for the Web 2.0 paradigm TCS BαNCS Core Banking version 10 enables financial institutions to drive transformation, modernize their processes and workflows with its powerful and state of art Service-Oriented Architecture. TCS BαNCS Core Banking version 10 exposes functionality through Web services that can be seamlessly integrated with in-house legacy systems. The system also supports business process orchestration using industry standard middleware products. TCS BαNCS Channels offers multiple touch points providing a consistent user experience across multiple channels such as branch outlet, self service via the web, and call center, to interactive voice response and mobile banking.
TCS BαNCS Core Banking version 10 delivers a 360° view of the customer's relationship with the bank. To improve customer service and cross-selling opportunities this view encompasses all facilities, accounts, applications and contacts. This is enriched further by a full record of every relationship that a customer has across all lines of business.
Subscribe to:
Comments (Atom)