BICS - Banque Populaire of France to Use ALLTEL Corebank System; ALLTEL-IBM Joint Venture Secures Contract With One of France's Largest Banking Groups.Business Editors & High Tech Writers LITTLE ROCK, Ark.--(BUSINESS WIRE)--March 11, 2002 ALLTEL (NYSE NYSE See: New York Stock Exchange :AT) today announced that it has signed an agreement with BICS BICS Basic Interpersonal Communication Skills BICS Built-In Current Sensor BICS Building Industry Consulting Services BICS Battlefield Information Control System BICS British Internet Chess Server BICS Burroughs Inventory Control System - Banque Populaire in France to provide its Corebank software and maintenance services. Corebank provides 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. organizations with customer data in a "real-time" environment, while allowing banking products to be changed and marketed quickly. Corebank maintains data that feeds other software applications, such as marketing databases and analytical tools. ALLTEL and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) formed a joint venture last year to develop and market the Corebank system to financial organizations throughout Europe. ALLTEL is responsible for the marketing, development, enhancement and maintenance of the product, while IBM is responsible for sales and implementation services. BICS will use Corebank customer and product components to support its sales and distribution strategy. "We believe in providing excellent service and are committed to upgrading and developing our operative banking systems to meet our customers needs," said Jean-Claude Beaujot, directeur general adjoint Ad´joint n. 1. An adjunct; a helper. of BICS-BP. "We believe the implementation of ALLTEL's world-class solutions will give us a strategic advantage in the French financial services market." Consisting of 30 regional banks throughout France, the Banque Populaire Group ranks among France's largest banking groups. "Through the combined forces A military force composed of elements of two or more allied nations. See also force(s). of ALLTEL and IBM we are able to deliver and implement strong business solutions to blue-chip customers through our complementary positions in the financial services technology market," said David Slider A block of material that holds the read/write head of a magnetic disk. See flying head. , president of ALLTEL Corebanking Solutions. "We are committed to developing business in the European marketplace. We are delighted to be partnering with BICS and the Banque Populaire Group." On a global basis, 29 of the top 60 financial services organizations rely on ALLTEL products and services. Forty-seven of the top 50 U.S. banks rely on ALLTEL for products and services. ALLTEL, with more than 10 million communications customers and $7.6 billion in annual revenues, is a leader in the communications and information services See Information Systems. industries. ALLTEL has communications customers in 24 states and provides information services to telecommunications, financial and mortgage clients in more than 50 countries. ALLTEL, NYSE: AT www.alltel.com |
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