American Express Bank Wins IT/Business Alignment Award.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- eAccess from American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. Bank(SM) has been named "IT/Business Alignment Project of the Year - North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. " by The Banker, a leading journal for the international banking industry published by the Financial Times Group. eAccess is a cash reporting and transaction research system that delivers real time information from the Bank's global product centers in the Western Hemisphere Western Hemisphere Part of Earth comprising North and South America and the surrounding waters. Longitudes 20° W and 160° E are often considered its boundaries. , Europe and Asia to clients worldwide via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . "We are delighted to have been recognized by The Banker for eAccess. The product itself reflects our commitment to client service," said Thomas Wiles wile n. 1. A stratagem or trick intended to deceive or ensnare. 2. A disarming or seductive manner, device, or procedure: the wiles of a skilled negotiator. 3. Trickery; cunning. , AEB's head of Interactive Product Management & Marketing. "eAccess is the foundation of our online offering, and is integral to our overall competitive differentiation strategy. We developed the product in direct response to our clients' needs, and set out to design it exclusively for financial institutions, which generally require a more detailed level of reporting than corporate end-users." eAccess was developed with SunGard, built on the intelliTRAN Customer Service solution, to create an entirely new online banking tool that extends customer service capabilities of the Bank and its customers. The product integrates disparate transaction information, such as SWIFT messages, statement entries, or external clearing messages, and gives one complete view of a transaction that is processed by multiple parties. Its real time balances and transactions module facilitates better payment and funding decisions by enabling cash managers to track their cash positions in real time. Clients who hold multiple accounts with AEB AEB Auto Exposure Bracketing (photography) AEB Agência Espacial Brasileira AEB American Egg Board AEB Annual Egyptological Bibliography AEB Aleutians East Borough (Alaska Penninsula) AEB As Evidenced By in more than one currency can have a consolidated view of their global multi-currency balance summaries in real time on one screen. "eAccess allows increased productivity, more efficient reconciliation, automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. investigations, flexible search capabilities, and helps with informed decision-making," Mr. Wiles added. "These features in turn allow the user to provide better and faster customer service." "We are delighted to share The Banker Award for IT/Business alignment of the year with American Express Bank. The bank's vision for deepening deep·en tr. & intr.v. deep·ened, deep·en·ing, deep·ens To make or become deep or deeper. Noun 1. deepening - a process of becoming deeper and more profound customer service matched with SunGard's technological innovation delivers what we all seek from business partnerships - solutions that transforms the customer experience," commented Tom King, president, SunGard STeP. Dan Barnes, financial systems editor at The Banker said, "The category 'IT/Business alignment of the year' is about service delivery through alignment of the IT area, business functions and third party groups. Communicating between and coordinating across teams can often be the hardest part of an IT program. American Express Bank and SunGard created a team that not only delivered the technology required, they achieved this with a smoothly run project, optimal use of available systems and strong project management. They demonstrated the ability to take a strategic vision and transfer it into real results." American Express Bank Ltd. is the international banking subsidiary of American Express Company. Founded in 1919, it provides services to financial institutions, high net worth individuals and affluent customers through more than 75 locations in 45 countries. American Express Company is a diversified diversified (di·verˑ·s worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, business services, insurance and international banking. |
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