Business Services Industry

Alogent Corporation and S1 Corporation Present 'Mission Critical: The Financial Imperative for Taking Check 21 to the Branch - Now' at the 2004 BAI Retail Delivery Conference

Business Wire, Nov 10, 2004

Who:   Robert Meara, director of product marketing at Alogent
          Corporation and Drew Lamparello, director of product
          management, Branch Solutions at S1 Corporation will lead a
          presentation on the financial benefits available to those
          who take advantage of Check 21 in the branches now.

   Why:   Attendees will receive access to a business case focused on
          the accelerated ROI provided by deposit automation and check
          truncation to fund branch renewal and back-office
          re-engineering.

   What:  Check truncation at the branch may be the first step in
          a winning operational and revenue optimizing strategy for
          banks seeking to successfully transition from paper to
          electronic processing and check truncation. Point-of-entry
          technologies provide opportunities to reduce costs and
          create superior customer experience. The presentation will
          provide attendees with information, including:

           --  What financial institutions should expect from image
               exchange for check clearing and settlement in terms of
               savings

           --  How branch teller front counter will benefit from
               deposit automation

           --  How banks will improve their overall business case by
               implementing deposit automation at points of
               presentment

           --  How deposit automation can improve productivity,
               increase transaction quality, streamline processing
               and create enhanced customer satisfaction

           --  How to contrast the benefits of deposit automation
               with the limitations of vintage branch capture
               solutions

           --  Overview of simplified business cases for four
               different sizes of financial institutions.

   Where: 2004 BAI Retail Delivery Conference
          Las Vegas Convention Center
          Las Vegas, Nev.

   When:  Tuesday, Nov. 16, 2004, 1:00 P.M. Check the show guide for
          room number.

About Alogent

Alogent is a financial services technology company with proven global success in providing payment processing solutions that enable banks, billers and outsource processors to reduce costs, accelerate timelines and improve quality in check and item processing. Alogent's suite of Sierra solutions help banks adapt to Check 21, check truncation and paper-to-electronic transformation. They include solutions for deposit automation, image based centralized item processing, image exchange and the unique Straight Through Check Processing(TM). Alogent products process over a billion transactions a year in the United States, and the company provides the platform that processes 74 percent of all checks written in the United Kingdom. Our solutions are being deployed to the largest deposit automation implementations in the world. Alogent brings proven credibility and leadership to help global customers address mission-critical challenges. For more information about Alogent's solutions, visit www.alogent.com.

About S1

S1 Corporation is a leading global provider of integrated front-office applications for more than 4,000 banks and insurance providers around the world. Comprised of applications that address virtually every market segment and delivery channel, S1 solutions help integrate and optimize an institution's entire front office, resulting in increased operational efficiencies, revenue opportunities and overall customer satisfaction. S1 is the only provider with the proven experience, breadth of products and financial strength to empower financial services companies' enterprise strategies. Additional information about S1 is available at www.s1.com.

COPYRIGHT 2004 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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