AmSouth and Huntington Bank Standardize on Corillian Voyager 3.0 Platform; Consolidating Multiple Lines-of-Business on Single Platform Key Driver.Business Editors/High-Tech Writers PORTLAND, Ore.--(BUSINESS WIRE)--Jan. 28, 2004 Corillian Corp. (Nasdaq:CORI), the top provider of online banking solutions for leading financial institutions, today announced continued momentum for the Corillian Voyager 3.0 platform with two more of its customers, AmSouth Bank and Huntington Bank, choosing to standardize stan·dard·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. their online banking operations on the industry-leading platform. Corillian also announced that it received an "A" grade in online banking from Celent Communications, a leading research firm, based in Boston, Mass. Corillian received the "A" grade for its ability to reduce costs while improving online feature sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. and performance at leading financial institutions. "Corillian owns the top 25 bank market and its sweet spot continues to be serving banks which are striving to build a competitive advantage via the Internet channel The Internet Channel is a version of the Opera 9 web browser for use on the Wii by Opera Software and Nintendo.[1] On December 22, 2006, a free beta version (promoted as a "trial version") of the browser was released. ," said Alenka Grealish, manager, banking group at Celent. "Corillian's strength is in its ability to meet banks' stringent demands across the board, from scalability and flexibility to feature sophistication." Corillian Voyager 3.0 provides leading financial institutions with a flexible, scalable platform to deliver innovative online banking applications, including electronic bill payment and presentment, consumer banking, small business banking, corporate cash management, wealth management and credit card management, all from a single platform. This unified platform approach enables financial institutions to rapidly incorporate new Internet See Web 2.0 and Internet2. finance technology as it emerges and quickly integrate with third party and in-house developed solutions. AmSouth Bank, a $46 billion bank headquartered in Birmingham, Ala., has successfully upgraded to Corillian Voyager 3.0 and migrated its more than 900,000 online banking and bill payment customers to the new platform to take advantage of the latest performance and scalability available in the new platform. The capabilities of Corillian Voyager 3.0 enable AmSouth to handle significant increases in concurrent online banking sessions and transactions. Also, the flexibility of Corillian Voyager 3.0 enables AmSouth to aggressively deploy new user interface enhancements and bring to market new features, such as search capabilities for account information and enhanced sorting options, that make online banking easier to use for its customers. Huntington Bancshares Huntington Bancshares Inc. (NASDAQ: HBAN) is a $53 billion Midwestern bank holding company headquartered in Columbus, Ohio.[1] It is the 24th largest American bank. , a $30 billion bank headquartered in Columbus, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. , recently decided to upgrade to Corillian Voyager 3.0 to take advantage of the enterprise capabilities to unify 1. (database, product) Unify - A relational database produced by Unify Corporation. 2. (algorithm) unify - To perform unification. its online banking operations onto a single platform. Corillian Voyager 3.0 will enable Huntington to deploy additional line of business applications beyond retail banking from a single platform. Also, the flexibility of the platform will allow Huntington Bank to seamlessly develop and integrate innovative applications and services into the platform and rapidly bring those services to market. "Our Internet banking strategy moving forward is to find a foundation we can use to deploy and build industry-leading online banking services for our customers from a single platform," said Ellen Johnson Ellen Johnson became the president of American Atheists in 1995 . Career Johnson has been active in the American Atheists organization since 1978. She describes herself as a "second-generation atheist" and claims to have been an atheist all her life. , vice president, enterprise online services at Huntington Bank. "The enterprise capabilities and entitlements available in Corillian Voyager 3.0 are exactly what we 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. . Corillian's domain expertise in building and developing technology gives us the flexibility to go where we need to go with our online banking services, and we are excited to reach the next level." "Our customers continue to see the value of their prior investments in the Corillian Voyager platform and are looking for ways to extend that investment to other business lines within the bank," said Alex Hart, 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. "The decision of AmSouth and Huntington to upgrade to Corillian Voyager 3.0 is an indication of the benefits that our customers see in the new platform and the new applications that run on it, including applications for small business banking, wealth management, and credit card management. The recognition from industry analysts like Celent Communications is also an indication of the world-class online banking capabilities available to leading financial institutions in Corillian Voyager 3.0." About AmSouth AmSouth is a regional bank holding company with $46 billion in assets, more than 650 branch banking offices and over 1,200 ATMs. AmSouth operates in Tennessee, Alabama, Florida, Mississippi, Louisiana and Georgia. AmSouth is a leader among regional banks in the Southeast in several key business segments, including consumer and commercial banking, small business banking, mortgage lending, equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
About Huntington Huntington Bancshares Incorporated is a $30 billion regional bank holding company headquartered in Columbus, Ohio. Through its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. , Huntington has more than 138 years of serving the financial needs of its customers. Huntington provides innovative retail and commercial financial products and services through more than 300 regional banking offices in Indiana, Kentucky, Michigan, Ohio and West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. . Huntington also offers retail and commercial 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. online at www.huntington.com; through its technologically advanced, 24-hour telephone bank; and through its network of more than 700 ATMs. Selected financial service activities are also conducted in other states including: Dealer Sales offices in Florida, Georgia, Tennessee, Pennsylvania and Arizona; Private Financial Group offices in Florida; and Mortgage Banking offices in Florida, Maryland and New Jersey. International banking services are made available through the headquarters office in Columbus and additional offices located in the Cayman Islands Cayman Islands (kā`mən), British dependency (2005 est. pop. 44,300), 100 sq mi (259 sq km), comprising three islands in the West Indies. and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . About Corillian Corporation Corillian is the top provider of online banking solutions to leading financial institutions. Empowered with Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively. Corillian's solutions are unmatched in reliability and performance and successfully scale at some of the world's largest financial institutions. Corillian's proven solutions enable financial institutions to deliver innovative services enterprise-wide, across multiple delivery channels and multiple lines of business. The Corillian Voyager platform provides secure and scalable account access and 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. for a wide variety of applications built by Corillian's expert software developers, by Corillian-certified partners and by the in-house development organizations of some of the world's best financial institutions. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com. |
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