ABN AMRO First Institution to Run ALLTEL's ACBS DataMart; System Brings Commercial Lending to the Executive Level

Business Wire, Feb 26, 2002

Business Editors & High Tech Writers

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Feb. 26, 2002

ALLTEL (NYSE:AT) announced today that ABN AMRO is the first Advanced Commercial Banking System (ACBS) client to go live with DataMart, which provides ABN AMRO with exposure/risk management and profitability analysis capabilities previously unavailable with a commercial lending engine.

ABN AMRO ranked eighth in Europe and 17th in the world in tier 1 capital, with more than 3,000 branches, a staff of 110,000 and total assets of approximately $512 billion.

"The ACBS DataMart enables us to identify trends, make comparisons and predict future results, all while reducing the number of reports we need to analyze," said Piet Denneman, senior vice president at ABN AMRO. "DataMart gives us highly targeted information and, because it is Web-enabled, our employees can get access to information wherever they may be."

ACBS DataMart is fully integrated with the ACBS suite of products, including Deal & Loan Origination, Deal & Loan Servicing, Primary Sales & Syndication and Secondary Sales & Trading. DataMart focuses on providing on-demand information analysis to all levels of end users from senior management to business analysts. It supports the collection, technical analysis, graphical analysis and ad-hoc reporting of customer and product information derived from the ACBS components.

"ACBS DataMart is a strategic business intelligence tool that allows users to analyze and report business drivers, highlighting key performance indicators such as exposure, risk, pricing, profit and loss and related historical trends, from both a front- and back-office perspective," said Richard Levy, president of ALLTEL's ACBS organization. "We expect many of our clients to recognize the power of these analytic tools and implement ACBS DataMart."

Historically, commercial lending systems have been relegated to the back office, where their main function was transaction processing. ACBS DataMart moves commercial lending into the front-office, providing advanced business intelligence tools for analysis across multiple dimensions and indictors, in addition to the transaction processing power needed to manage large, complex commercial loans. Institutions involved in commercial lending now have access to timely, detailed measures of exposure, risk, profit and loss.

ALLTEL's ACBS is an integrated family of commercial lending products that automates the entire range of commercial lending activity, from deal origination through settlement and accounting to risk management and loan trading. The products operate in real-time, in any currency and in multiple languages. ACBS products run on AS/400 and Windows NT platforms and are licensed by 36 leading financial institutions, including ABN AMRO, Bank of America, Canadian Imperial Bank of Commerce, Credit Agricole/Indosuez - U.S., Credit Lyonnais, JPMorgan Chase and State Street.

Forty-seven of the top 50 U.S. banks rely on ALLTEL's products and services. ALLTEL provides loan servicing automation for more than 20 million mortgage loans, with balances exceeding $2 trillion. Additionally, more than 34 percent of the total dollar volume of outstanding U.S. consumer loans, including mortgages, is processed on ALLTEL Information Services' software applications.

ALLTEL, with more than 10 million communications customers and $7.6 billion in annual revenues, is a leader in the communications and information services industries. ALLTEL has communications customers in 24 states and provides information services to telecommunications, financial and mortgage clients in more than 50 countries.

ALLTEL, NYSE: AT

www.alltel.com