CBSI Extends Partnership With People's Bank.FARMINGTON HILLS Far·ming·ton Hills A city of southeast Michigan, an industrial suburb of Detroit. Population: 81,400. , Mich.--(BUSINESS WIRE)--July 21, 1999-- Complete Business Solutions, Inc., (Nasdaq:CBSI CBSI CUNA Brokerage Services, Inc. CBSI Cambodian Buddhist Society, Inc. (Silver Springs, Maryland) CBSI Certified Bridge Safety Inspector CBSI Custom Business Solutions, Inc. ) announced today that it has been awarded a new contract to maintain and enhance over 24 business critical client/server applications for People's Bank Peo´ple's bank 1. A form of coöperative bank, such as those of Germany; - a term loosely used for various forms of coöperative financial institutions. of Bridgeport, Connecticut “Bridgeport” redirects here. For other uses, see Bridgeport (disambiguation). Bridgeport is the most populous city in the U.S. state of Connecticut, and the fifth-largest city in New England. . "In addition, the CBSI team in Hartford, CT, will provide first, second and third level support for these applications by being on-call 24 hours a day, seven days a week to solve problems," said Andrew Bryant, CBSI manager of the account. The project is estimated to be nearly $3 million and is expected to last more than three years. "CBSI is widely respected for its commitment, quality service and partnership approach," said James Gerace, People's Bank's Vice President of Information Systems. "Their on-site and off-site capabilities, combined with their banking and emerging technologies expertise, will enable us to make the transition from our existing client/server legacy environment to the new technical environment we've selected." "Leveraging CBSI enables us to reposition our key employees to more challenging assignments," added Art McAdams, Sr. Vice President and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. for the company. "We are pleased to have CBSI as one of our major strategic partners in this endeavor." "CBSI is pleased to partner with People's Bank on this critical engagement," said Joe Calandra, CBSI Branch Executive for the Hartford office. "People's Bank realizes the value in our Partnership Sourcing approach along with our unique delivery capability and high quality consultants. We are delighted to build on a successful relationship with an organization as progressive as People's Bank." About People's Bank People's Bank is a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services company providing commercial, consumer, insurance and investment services. Founded in 1842, it is the largest independent bank in Connecticut with managed assets of more than $12 billion, 129 branches and 197 ATMs. They are a leader in commercial banking, residential lending, Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. Life Insurance sales and supermarket banking. They rank 17th nationally as an issuer of MasterCard and Visa credit cards and have a relationship with more than half of the households in Fairfield County Fairfield County is the name of three counties in the United States:
People's subsidiaries offer brokerage services through People's Securities, Inc., asset management through Olson Mobeck & Associates, Inc., equipment financing and leasing through People's Capital and Leasing Corp., and insurance services through R.C. Knox and Company, Inc. Their website address is www.peoples.com. About CBSI Founded in 1985, CBSI is a worldwide provider of information technology (IT) services to large and mid-size organizations. The Company offers a broad range of IT services, from advising clients on IT business strategy and strategic technology plans to developing and implementing appropriate IT applications solutions. CBSI is a single- source provider of a broad range of IT services including: consulting; large systems applications development and maintenance; emerging technology services; packaged software See software package. implementation; year 2000 conversion and testing services and contract programming services. Visit the CBSI web site at www.cbsinc.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion