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Alberta Treasury Branches Selects Corillian's Voyager eFinance Suite for Internet Banking Platform.


Business Editors, High-Tech/Banking Writers

BEAVERTON, Ore. & EDMONTON, Alberta--(BUSINESS WIRE)-- Aug. 1, 2000

Canada's Ninth Largest Financial Institution Represents

Corillian's 1st Canadian Customer

Corillian Corp. (Nasdaq:CORI), a leading provider of eFinance solutions for the Internet, and Alberta Treasury Branches (ATB ATB Antibiotic
ATB All The Best
ATB Ability to Benefit
ATB André Tanneberger (musician)
ATB Across the Board
ATB Active Time Battle (roleplaying game)
ATB All Terrain Bike
ATB Alberta Treasury Branches
) today announced that ATB, the ninth largest financial institution in Canada, has licensed Corillian's Voyager platform to offer its retail customers real-time Internet access See how to access the Internet.  to their accounts.

The Voyager eFinance Suite will be implemented and available to ATB's customers in October of this year. Using any browser, it will provide real-time transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
 and an integrated online bill payment feature. With a single click, ATB customers will also be able to download their financial data into Quicken(R) or Microsoft(R) Money, enabling them to easily reconcile accounts and analyze spending data.

"Internet banking has become a major component of all financial institutions' business strategy, for the simple reason that consumers demand it," said Howard Ho, vice president of electronic banking for ATB, a $10.4 billion financial institution in Alberta, Canada. "The new Internet See Web 2.0 and Internet2.  economy has changed many of the fundamental operating rules that traditional banking was founded upon. We were looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 a platform that could meet the demands of our customers now and into the future. The open nature and scalability of Corillian's Voyager platform allows us to not only provide an excellent service to our customers now, but gives us the flexibility to add other features and functionality in the future. With our plans to include Voyager's capabilities with Quicken or Microsoft Money Microsoft Money is Microsoft's personal finance software for computers using the Microsoft Windows operating system. A version is also available for Windows Mobile (available for Money versions 2000-2006, and up to, but not including Windows Mobile 5.0).  and portal strategies, we feel we have a solution that can position us as a leader in providing the best Internet service for our customers."

Corillian's Voyager eFinance Suite is a high-performance, scalable solution that enables Internet-delivered services such as online banking and electronic bill payment and presentment. The Voyager eFinance Suite provides a link between financial institutions' legacy host systems and customers using Internet devices such as browsers, personal financial management programs or wireless devices. Corillian products are delivered with proven project management and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , ensuring a quality implementation.

"Providing the best in online content for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 will enable Alberta Treasury Branches to meet immediate goals while ensuring a proven framework for future functionality," said Ted Spooner This biographical article or section is written like a resume.
Please help [ improve this article] by revising it to be and encyclopedic.
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Corillian. "This partnership with ATB is a significant milestone in our company's commitment to provide financial institutions with the best Internet products and services."

About Corillian

Based in Beaverton, Ore., Corillian Corporation is an award-winning provider of cutting-edge Internet-based technology Refers to the communications infrastructure of the Internet, which is based on the IP protocol. IP is part of the TCP/IP protocol suite. It may also refer to voice over IP (VoIP), which uses the Internet to make telephone calls. See VoIP, IP and TCP/IP.  solutions geared toward fulfilling the eFinance needs of the financial services industry and its customers. Corillian applications support Internet-based banking, bill delivery and payment, brokerage, targeted marketing, and small business transactions through the comprehensive eFinance software package known as the Voyager eFinance Suite. Other Corillian client solutions include Corillian OneSource, a data aggregation application, and Browser Banker, a customizable browser-based (HTML HTML
 in full HyperText Markup Language

Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web.
) interface. Corillian technology also enables Open Financial Exchange (OFX OFX Open Financial Exchange
OFX Outer Fix
OFX Open Effects
) access by personal finance management software packages such as Quicken(R) and Microsoft(R) Money. For more information on Corillian Corporation, visit the company's web site at www.corillian.com.

About Alberta Treasury Branches (ATB)

ATB is a leading provider of financial products and services to 600,000 Albertans, specifically for retail, independent business and retail customers. ATB is committed to providing Albertans access to world-class, innovative financial products and services, specific to their needs. An Alberta-based financial institution established in 1938, today ATB serves 240 communities through a network of 144 branches, 130 agencies and 209 ABMs. For further information on Alberta Treasury Branches, please visit ATB's web site at www.atb.com.

Matters discussed in this release may include forward-looking statements that involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include the risk that Corillian encounters significant delays or problems in installing its solutions at Alberta Treasury Branches, that Corillian's platform does not effectively interface with future applications or that additional applications for the Voyager platform are not developed or marketed successfully. Other risks include those stated in Corillian's reports and other documents filed from time to time with the Securities and Exchange Commission including the prospectus included in its Form S-1 Registration Statement filed on January 27, 2000.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 1, 2000
Words:715
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