Business Services Industry
BB&T Implements TriSyn Group's Latest Release of Infopoint Deposits
Business Wire, Sept 7, 2004
IRVING, Texas -- TriSyn Group is pleased to announce the successful implementation by Branch Banking and Trust (BB&T) of the latest Infopoint Deposits release, version 8.5. With BB&T now in full production with this advanced deposits application, TriSyn Group is pleased to announce the general availability of the new 8.5 release of the leading financial services deposit management application, Infopoint Deposits. This latest Deposits 8.5 release has been designed to further enable financial institutions to operate more profitably by generating new revenue opportunities and streamlining operations for increased efficiency.
"Growing core deposit relationships continues to be a cornerstone of our clients' business strategies," said Michael D. Hattery, Senior Vice President, Marketing and Product Management for TriSyn Group. "The ability to grow this key funding source, and grow it profitably is a strategic differential we offer our clients. The latest release of Infopoint Deposits increases our clients' ability to enhance their operating efficiencies while offering them greater flexibility in managing deposit relationships. We were pleased to work so closely with market leaders such as BB&T on the release."
The 8.5 release includes numerous enhancements that meet the needs of financial institutions in today's highly charged competitive landscape. The scalability of the application coupled with the inherent advantages of operating in a mainframe environment deliver peace-of-mind to financial institutions looking to grow their business through mergers-and-acquisitions. The application delivers new capabilities allowing users to generate and better manage fee income, a critical component for today's financial institution operations.
"We believe this 8.5 release of Infopoint Deposits offers a rock solid foundation for BB&T to continue to grow and serve our customers in the future," said Paul Johnson, Chief Information Officer with BB&T. "TriSyn Group delivered a solution that is scalable, cost-effective and enables BB&T to continue to improve the operating efficiencies that surround our core deposit processes while we continue to grow our business."
Comprised of more than 20 software applications, the Infopoint solution suite is one of the world's largest and best-established core banking software solutions. Consisting of applications surrounding transaction management, financial management, loan management, customer and deposit management, it helps banks manage products, processes and customer relationships while delivering information for mission critical decision making.
About BB&T: BB&T Corporation, headquartered in Winston-Salem, NC, is a fast growing, highly profitable financial holding company with over $97 billion in assets. Its bank subsidiaries operate more than 1,400 banking offices in the Carolinas, Virginia, West Virginia, Kentucky, Georgia, Maryland, Tennessee, Florida, Alabama, Indiana and Washington, D.C. BB&T ranks No. 2 in market share in North Carolina, No. 3 in South Carolina, No. 2 in Virginia/Washington, D.C., No. 2 in Kentucky, No. 1 in West Virginia, No. 7 in Georgia and No. 6 in Maryland.
About TriSyn Group: For more than 25 years, TriSyn Group products have been helping financial institutions successfully meet the challenges of the marketplace by optimizing their business processes, and maximizing the accessibility and value of their operating information. TriSyn Group solutions provide institutions with the information they need to make the right strategic decisions at the right time, with the flexibility to meet evolving business requirements. Today, more than 200 financial service institutions rely on TriSyn Group products and services, including many of the world's largest banking organizations. More information about TriSyn Group is available at http://www.trisyngroup.com.
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