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Aurum Technology to Serve as Technology Portal Partner for BancIntelligence.com.


Business Editors

ATLANTA--(BUSINESS WIRE)--Nov. 28, 2000

Aurum au·rum
n.
Gold.



aurum

[L.] gold (symbol Au).
 Technology customers receive better competitive

analysis and benchmarking
For the geolocating game, see benchmarking (geolocating). For other uses of the term 'benchmark' see benchmark.


Benchmarking (also "best practice benchmarking" or "process benchmarking") is a process used in management and particularly strategic
 information from BancIntelligence.com's

decision support portal

BancIntelligence.com, the first decision support portal for banking executives, and Aurum Technology Inc., the Plano Plano (plā`nō), city (1990 pop. 128,713), Collin co., N Tex., less than 20 mi (32 km) NE of Dallas; inc. 1873. In a farm and livestock area on the blackland prairie, Plano is a booming financial and commercial center, with headquarters of many , Texas-based provider of information technology services to financial institutions, today announced the naming of Aurum as a BancIntelligence.com technology portal partner.

The agreement will allow Aurum Technology's 500 customers to have complimentary access to a co-branded BancIntelligence.com portal site Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. . The site will feature BancIntelligence's BancAnalyst decision support engine, BancChannels' portal content, and BancSolutions' resourcing options. Through the site, Aurum's customers will be able to analyze an·a·lyze
v.
1. To examine methodically by separating into parts and studying their interrelations.

2. To separate a chemical substance into its constituent elements to determine their nature or proportions.

3.
 their bank's performance against peer banks, as well as find solutions to identified operating deficiencies.

"BancIntelligence.com provides an impressive level of financial analysis, helping community banks and mid-tier financial institutions compete more effectively in their markets by making better resource decisions," said Ray Maturi, president and chief executive officer of Aurum Technology. "We consider Aurum to be an important strategic partner to our customers, providing the information technology that enables much of their strategy and helps them manage their businesses. BancIntelligence.com is a true expert system, and the bankers with whom I have spoken are excited to receive this service on a complimentary basis."

Aurum Technology is a leading provider of information technology services to financial institutions. With more than 1,000 employees and 31 locations nationwide, Aurum helps level the playing field for its customers by applying people, process, and technology to support specific business requirements and create value.

"The true value of BancIntelligence.com to Aurum's customers extends far beyond its ability to analyze and pinpoint deficiency A shortage or insufficiency. The amount by which federal Income Tax due exceeds the amount reported by the taxpayer on his or her return; also, the amount owed by a taxpayer who has not filed a return. ," said Steven Ste´ven

n. 1. Voice; speech; language.
Ye have as merry a steven
As any angel hath that is in heaven.
- Chaucer.

2. An outcry; a loud call; a clamor.
To set steven
to make an appointment.
 C. Cotton, 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 BancIntelligence.com. "Through the BancChannels module, executives are kept up-to-date on the latest banking news and data. Through this partnership with BancIntelligence.com, Aurum extends the value it provides to customers and offers improved access to important industry information."

The BancAnalyst module of BancIntelligence.com allows banking executives to accurately identify opportunities for improved resource allocation resource allocation Managed care The constellation of activities and decisions which form the basis for prioritizing health care needs  while the BancSolutions module enables executives to thoroughly investigate and evaluate appropriate solutions. Each solution option is provided by a BancIntelligence.com endorsed solution partner, which has met stringent quality requirements and is chosen based on expertise and performance. Aurum Technology will be recommended by BancIntelligence.com as an information technology solution provider to all BancIntelligence.com subscribers.

Complementing BancIntelligence.com's decision support tools is BancChannels, which provides timely and industry-specific editorial content, as well as news, banking data, stock quotes and weather.

About Aurum Technology

Aurum Technology Inc. offers a wide variety of information technology (IT) products and services to community-based and mid-tier financial institutions. Service offerings include application software development and licensing, application software processing, ATM processing, image-based item processing, electronic business services, branch automation, data warehousing See data warehouse.

data warehousing - data warehouse
, 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
 banking, bill payment, network management, and third-party systems integration. Visit Aurum's Web site at http://www.aurumtechnology.com.

About BancIntelligence.com

Atlanta-based BancIntelligence.com is the first decision support portal for banking executives. Packaged in an Internet portal site, BancIntelligence.com delivers accurate and relevant bank and thrift thrift: see leadwort.  analyses and vendor solution information.

The differentiating engine for the portal is BancAnalyst, which, online and instantly, identifies bank-specific operating deficiencies by comparing the bank to a true peer group consisting of banks of similar size, geography geography, the science of place, i.e., the study of the surface of the earth, the location and distribution of its physical and cultural features, the areal patterns or places that they form, and the interrelation of these features as they affect humans. , and strategy.

Having identified opportunities for performance enhancement through BancAnalyst, the user is transported to BancSolutions, which allows the decision maker to choose amongst five resourcing options: analysis/publications, consulting/advisory, product/software, equipment/supplies or personnel.

Complementing BancIntelligence.com's consultative decision support tools is BancChannels, which provides timely, industry-specific content with traditional portal content including news, stock quotes and weather.

BancIntelligence.com targets senior bank and thrift executives and is available through direct annual subscription by executives or through "portal partners" who sponsor client bank executive access to a co-branded BancIntelligence.com portal web site featuring customized content and solution sets.
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 28, 2000
Words:659
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