Alogent Reports Continued Branch Capture Leadership.Industry Experts Outline Branch Automation Strength in the 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. Marketplace LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Alogent Corp., a leading provider of enterprise payment 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. solutions for global financial institutions and processors, today announced its expanded leadership in Check 21 distributed branch image capture. Currently, Alogent boasts more than 42,500 seats sold for branch and teller image deposit automation to more than 250 financial institutions and credit unions. Alogent's deposit automation solution integrates with the broadest range of teller systems and includes the world's largest branch teller line image deployment. "Our experience shows that distributed capture has evolved from a tactical engagement leveraging payments legislation for cost benefits to a strategic imperative," said Brian Geisel, 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. and founder of Alogent Corp. "The combination of branch renewal gains and teller efficiency, combined with the customer experience and cost benefits of deposit automation are now being proven to drive significant and measurable returns on investment." At this year's Retail Delivery Conference, banks are 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. innovative yet proven solutions to help them thrive in a highly competitive marketplace. For more than a decade, Alogent has been laser focused on automating and reengineering deposit handling processes for competitive advantage, and continues to do so as banks become increasingly focused on branch transformation and straight through processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. . Sierra Xpedite on the desktop, combined with Sierra Xchange in the back office, comprises Alogent's branch deposit automation offering. The software suite is proven to deliver both customer facing front office efficiencies, along with the transportation and back office benefits necessary to yield a healthy return on a bank's technology investment. Much of this return is achieved by correcting and balancing deposits as well as automating manual processes at the branch. This in turn, allows tellers to focus their attention on the customer for service, cross sell and up sell opportunities, rather than the deposit process itself. Sierra Xpedite desktop solutions are also designed to maximize workflow processes by leveraging the same business rules for ATM, cash vault, correspondent, corporate, and small business. Thus, banks can leverage many of the Check 21-enabled benefits of deposit automation across multiple strategic customer channels to achieve TransChannel Deposit Automation. Recently, Financial Insights reported that branches remain a critical delivery channel for the vast majority of consumers and that it is therefore imperative that banks understand the best alternatives available to maximize customer satisfaction and to expand customer relationships using the branch vehicle. These possibilities will be a strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. priority for banks, as reported in "Revitalizing re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. U.S. Branch Banking: A Little Less Talk, a Little More Action." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Celent, Alogent has been a long-standing thought leader in distributed capture. "The company's software reflects its seasoning as a deposit automation provider to large banks," said Bob Meara, senior analyst at Celent. "Alogent's solution has been through the ringer with thousands of client installations. The applications excel for their stability and flexibility, having evolved through multiple large bank implementations." Alogent's deep experience in branch deposit automation includes certified interfaces with multiple industry-standard teller system vendors as well as integration with many back office core and payment systems. By seamlessly integrating a bank's teller software with the Sierra software solution, Alogent delivers a turnkey offering that accelerates time to deployment, minimizes integration and training costs, lowers project risk and optimizes staff productivity. Alogent's teller software deployments and partners include: ARGO Data, Fiserv ITI (Information Technology Industry Council, Washington, DC, www.itic.org) Formerly the Computer and Business Equipment Manufacturers Association (CBEMA), founded in 1916. ITI is a membership organization composed of approximately 30 large high-tech companies. , Getronics, Harland, S1, Oracle, Fidelity TouchPoint Solutions, and Unisys. Today, the company delivers the industry's greatest depth and breadth of systems integration available in the marketplace. About Alogent Founded in 1995, Alogent Corporation is a leading global provider of enterprise payment processing solutions that enable financial institutions and processors to accelerate the conversion of paper to electronic processing. The company's Sierra suite of solutions automates payments and deposits at every point of presentment (including branches, ATMs, merchants, corporations and cash vaults) while optimizing electronic data and image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished and settlement. Alogent is the deposit automation market leader with our platform processing billions of payments annually with over 45,000 desktop points of presentment sold. The company's customers include HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) , KeyCorp, Lloyds TSB Lloyds TSB Group plc (LSE: LLOY) is a banking and insurance group in the United Kingdom. It was formed in 1995 by the merger of Lloyds Bank and the Trustee Savings Bank (TSB). The Group's head office is at 25 Gresham Street, London. and SunTrust, among others. Alogent brings proven delivery and leadership to help customers worldwide address mission-critical challenges. For more information, visit www.alogent.com or call 800.333.6030. |
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