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Alogent and Unisys Sign Worldwide Reseller Agreement for Point of Entry Image Capture.


ATLANTA -- Alogent's leading deposit automation software solution teams with Unisys worldwide financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 distribution and systems integration experience

Alogent Corp., a provider of 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, remittance Money sent from one individual to another in the form of cash, check, or some other manner.

Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance.


REMITTANCE, comm. law.
 and payment processors, today announced Unisys Corporation (company) Unisys Corporation - The company formed in 1984-5 when Burroughs Corporation merged with Sperry Corporation. This was when the phrase "dinosaurs mating" was coined.  as a non-exclusive reseller of Alogent's point of presentment branch and corporate deposit automation solutions featuring Sierra Xpedite(R) and Sierra(R) Xchange(TM).

This agreement makes Unisys the only end-to-end image capture solutions provider in the financial services market today, providing everything from hardware, to software, to systems integration and consulting worldwide. It also reflects the financial services industry's current need for customer-focused, value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  that will help them effect institution-wide changes that take advantage of image-related customer service and processing efficiency opportunities related to Check 21 legislation.

Alogent's distributed image capture solutions automate payment and deposit processing, reduce costs, and improve efficiency, while enabling check truncation at any point of presentment and integration with image exchange initiatives in central item processing. This strategic agreement will leverage Unisys' global footprint as a worldwide information technology services and solutions company with over a century of experience to financial institutions.

"Unisys heritage in payments, coupled with their consulting knowledge and global footprint make them a logical choice for partnership," said Brian Geisel, founder 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 Alogent Corporation. "Our extensible deposit automation mission is to provide value to both retail points of presentment as well as increase value to banking operations. Unisys is well poised to assist us in meeting and exceeding these goals in the coming year."

Unisys will be reselling the Alogent solution set including Sierra Xpedite, which automates deposits through the capture, validation and management of transactions at points of physical payment. These include branch teller counters, back counters, and ATMs, as well as remote corporate, merchant, and walk-in payment locations. Sierra Xpedite's image and data workflows unify intrabank and interbank in·ter·bank  
adj.
Relating to, involving, or connecting two or more banks: interbank borrowing; an interbank network of automated teller machines. 
 payments through Sierra Xchange, which collects transactions from all points of presentment and intelligently routes paper, data and image to various end points.

Sierra Xpedite will be optionally deployed with Unisys My Vision X and SourceNDP image capture devices and Unisys 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 exchange solutions. Together, Alogent's software and Unisys solutions will deliver a flexible distributed image capture system for integration into a bank's branch, commercial client and/or central payment environments. The integrated product offering will also include training, project management methodology and on-going support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services .

"Point-of-entry capture allows banks to expand their processing window, and thereby extend cut-off cut-off Anesthesiology The point at which elongation of the carbon chain of the 1-alkanol family of anesthetics results in a precipitous drop in the anesthetic potential of these agents–eg, at > 12 carbons in length, there is little anesthetic activity,  times and improve customer service and satisfaction. Proofing and balancing at the teller, corporate client, and at the ATM can help banks increase productivity, reduce labor costs, improve deposit surety," said Gary Cawthorne, vice president and managing partner of global banking at Unisys. "We are pleased to partner with Alogent as a forerunner in deposit automation at all points of entry."

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 cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , 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. For more information about Alogent's solutions, visit www.alogent.com. In the USA, write Alogent Corp., 4005 Windward wind·ward  
adj.
1. Of or moving toward the quarter from which the wind blows.

2. Of or on the side exposed to the wind or to prevailing winds.

adv.
In a direction from which the wind blows; against the wind.
 Plaza, Second Floor, Alpharetta, GA 30005; phone 777.752.6400; toll free 888.333.6030; fax 770.752.6500 or email info@alogent.com. For sales in the UK, phone 011 44 1273 414011; fax: 011 44 1273 414311 or email Haydn.John@alogent.com.

About Unisys

Unisys is a worldwide information technology services and solutions company. Our people combine expertise in consulting, systems integration, outsourcing, infrastructure and server technology with precision thinking and relentless execution to help clients, in more than 100 countries, quickly and efficiently achieve competitive advantage. For more information, visit www.unisys.com.
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 24, 2005
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