Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Australia Banking Group Adopts Docucorp Software for UK Client Communications.


Business Editors/High-Tech Writers

LONDON--(BUSINESS WIRE)--July 16, 2002

Docucorp(R) International (Nasdaq:DOCC DOCC Deep Operations Coordination Cell
DOCC DISA Operations Control Complex
DOCC Department of Community Corrections
DOCC Deep Operations Control Cell (US Army)
DOCC DCA Operations Control Complex
DOCC Dyce Operations Control Centre
), a leading enterprise information software provider, has been selected by Australia's largest banking group to provide document creation and distribution software to its new UK financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 and investment service.

In November last year, the National Australia Bank's European Wealth Management division launched a new financial planning service to customers of the Clydesdale, Northern and Yorkshire banks, which are part of the National group of companies.

The National chose Docucorp's Transall and Documaker software to replace a technically involved and labour-intensive system, which was unable to cope with its need for detailed, personalised client communication.

Docucorp's Transall replaces manual programming with automatic data translation and manipulation tools, while Documaker enables the rapid generation of detailed, customized documents 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.
 pre-defined rules.

The Docucorp software is intended to ensure compliance with 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.
 regulations, reduce operating costs operating costs nplgastos mpl operacionales  and speed up customer

queries with a new consolidated reporting format and online document retrieval The ability to search for documents by keywords and other attributes such as date and author. It implies that the documents have been indexed on all pertinent fields and that keywords have been chosen based upon title and textual content. See document imaging and document management system.  process.

In the past, the National's output to some clients was in excess of 20 regulatory mailings a year. This will be reduced to between three and five mailings this year, offering substantial savings in postage, stationary and third party costs. The National mailed 162,000 clients in January, with 180,000 scheduled for July 2002.

"With Docucorp's software to read, translate and prepare data for output without custom programming interfaces, we are reducing our operating costs and are able to communicate more flexibly and responsively with our clients," said National Wealth Management Europe Asset Manager, Ms. Eileen McInnes.

"Due to the scale of the project the National and Docucorp took joint management responsibility and worked closely together in partnership rather than the usual client-supplier relationship. Before, during and after implementation, the Docucorp Project Manager team displayed tremendous commitment, and to this day (five months after the initial implementation) still takes an active interest in our progress helping us to overcome issues as they arise."

Ms. Tracey Robinson, VP- Managing Director, Docucorp Europe, said, "The National, like many financial service organisations, faced an enormous practical problem in communicating with, and responding to the needs of, tens of thousands of clients. Now by means of Docucorp's software, the company can streamline its client communications with considerable savings of time and money."

The Docucorp solution replaces a mainframe-based system, involving six-monthly extracts from the National's Investment Administration System via a Visual Basic interface to manipulate and batch the extracted records. Files were then sent by FTP FTP
 in full file transfer protocol

Internet protocol that allows a computer to send files to or receive files from another computer. Like many Internet resources, FTP works by means of a client-server architecture; the user runs client software to connect to
 to the mainframe system, using COBOL COBOL: see programming language.
COBOL
 in full Common Business-Oriented Language.

High-level computer programming language, one of the first widely used languages and for many years the most popular language in the business community.
 programs to sort and batch the information into client consolidated order. Finally MTEXT software was used to format and prepare the Advanced Function Printing Advanced Function Printing - Advanced Function Presentation  (AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. ) print files for mainframe printing.

With the Docucorp system, data is stored in SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server.  and Oracle databases on NT Servers. Data is pulled from the databases on a consolidated client basis into Transall. Several Transall applications then re-arrange, manipulate, re-order and process data into a clean extract format. This is then passed to Documaker. Documaker processes the data onto the developed forms (pre-developed reports) and produces a print file.

Response times to client enquiries have improved because correspondence created from multiple sources is now stored as a 'snapshot' PDF file See PDF. . The PDFs are available online enabling WME WME Windows Media Encoder (filename extension)
WME Windows Millennium Edition (Microsoft)
WME Weapons of Mass Effect
WME Wintermute Engine
WME Wireless Multimedia Enhancements
WME Working Memory Element
 customer service staff to answer client queries immediately.

The launch of the new financial planning service was implemented in two stages, in January 2002 with Documaker, and in July 2002 with Transall.

About National Wealth Management Europe

The National Australia Bank's European Wealth Management Division (WME) offers financial planning services, investments and insurances to the customers of the Clydesdale Bank The Clydesdale Bank PLC is a commercial bank in the United Kingdom, a subsidiary of the nab Group. In Scotland, the Clydesdale Bank is the third largest clearing bank, although it also retains a branch network in London and the north of England. , Northern Bank and Yorkshire Bank. With headquarters in London, and offices in Glasgow, Belfast and Leads, WME employs more than 800 people, including 400 tied and independent financial planners.

About Docucorp

Docucorp is the authority in providing dynamic solutions for acquiring, managing, personalizing and presenting enterprise information. Servicing the entire enterprise information lifecycle, Docucorp's information application software, application service provider (ASP) hosting and professional consulting services enable companies to implement solutions in-house or fully outsource to Docucorp. The company has an installed base of more than 1,200 customers, including many of the largest insurance, utility and financial services organizations.

Headquartered in Dallas, Docucorp has major facilities in Atlanta and Silver Spring, Md. The company also maintains offices in Portland, Maine and Bedford, N.H., as well as an international office in London that represents Europe, Middle East, Africa and Asia Pacific.

Certain information contained in this news release may include "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. All statements, other than historical facts, included herein are forward-looking statements. These statements involve risks and uncertainties, such as competition, technological developments, loss of significant customers and the other factors discussed in the Company's periodic reports filed with the Securities and Exchange Commission, that could cause the Company's actual results to differ materially from those expressed or implied by these forward-looking statements.

Docucorp is a registered trademark of Docucorp International.

(c) 2002 Docucorp International. All Rights Reserved.

Company, organization and product names mentioned herein are trademarks or registered trademarks of their respective owners. Docucorp and its symbol are trademarks of Docucorp International.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jul 16, 2002
Words:876
Previous Article:XtremeSpectrum Demonstrates Industry's First Ultra-wideband Product; Trinity Chipset Is Capable of Broadcasting 6 MPEG-2 Video Streams Wirelessly.
Next Article:@Road Selected by Verizon to Provide Mobile Resource Management Services to Assist Management of Field Operations.
Topics:



Related Articles
Docucorp Secures $10 Million Line of Credit from Comerica Bank - Texas; Expanded Credit Line Available for New Business Development Opportunities.
Halifax Cetelem Credit Ltd. Revamps Client Communications with Solution from Docucorp International; Overhead Costs and Time To Market Reduced.
Halifax Cetelem Credit Ltd. Revamps Client Communications with Solution from Docucorp International Overhead Costs and Time To Market Reduced.
Halifax Cetelem Credit Ltd. Revamps Client Communications with Solution from Docucorp International.
Docucorp to Participate in the London eWorld Banking & Financial Services Forum.
Lloyds TSB Selects Docucorp's Correspondence Solution.
Lloyds TSB Selects Docucorp's Correspondence Solution.
Adare Lexicon Selects Docucorp CCM Solution.
Hammondsdirect Selects Docucorp CCM Solution to Automate Production of Home Information Packs.
New Research from Celent Recognizes Docucorp as a Market Leader among Providers of Document Management in Banking.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles