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CTG Awarded Major Business Application Management Contract by KeyCorp.


BUFFALO Buffalo, city, United States
Buffalo, city (1990 pop. 328,123), seat of Erie co., W N.Y., on Lake Erie and the Niagara and Buffalo rivers; inc. 1832. With more than 37 mi (60 km) of waterfront, it is a major commercial and industrial port and railroad hub.
, N.Y.--(BUSINESS WIRE)--Sept. 15, 1999--

CTG CTG Cartridge
CTG Center for Technology in Government (SUNY, Albany, New York)
CTG Center for Technology in Government
CTG Computer Task Group (IT consulting company; Buffalo, NY, USA) 
 (NYSE NYSE

See: New York Stock Exchange
: TSK tsk
interj.
Used to express disappointment or sympathy.

n.
A sucking noise made by suddenly releasing the tongue from the hard palate, used to express disappointment or sympathy.
), an international information technology (IT) services and solutions company, announced today that it has been awarded a major business application management contract by KeyCorp, one of the nation's largest 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.
 companies. CTG will manage Cleveland-based KeyCorp's deposit, loan origination 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.
, and customer information applications for its Western New York
Western, New York is also the name of a town in Oneida County, New York.


Western New York refers to the westernmost region of New York State.
 retail banking operations.

The contract, valued at approximately $20 million over three years, expands CTG's previous relationship with KeyCorp. In January 1998 KeyCorp named CTG as a preferred vendor for IT services.

CTG's work for KeyCorp under that contract has included developing a system to better track the effectiveness of direct marketing programs; making enhancements to KeyCorp's brokerage/investment and retail credit collections systems; performing a systems upgrade to consolidate accounting across all of KeyCorp's banking companies nationwide; and unifying all of KeyCorp's in-house In-house

In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm.
 technical communications.

"CTG brings a proven track record and substantial management capability and technical expertise to this critical responsibility," said Bob Rickert, chief technology officer at KeyCorp. "CTG is providing a way for us to concentrate on our core business of providing banking services while maintaining a high level of locally based IT support in Western New York, a major market for KeyCorp."

"CTG is delighted to be expanding our business partnership with KeyCorp," said Gale S. Fitzgerald, CTG's chairman and chief executive officer. "We're also pleased that most of KeyCorp's IT staff based in Western New York will be joining CTG, adding to our talent in an industry and market where we see continued growth opportunities for CTG. With CTG's depth of capability in e-business, customer relationship management, and business application management and support, we have the expertise to meet the business needs of financial services companies."

Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest integrated multi-line financial services companies, with assets of about $81 billion. Through a nationwide network of offices, Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . In addition to its offices, Key operates a network of 2,600 ATMs and telephone banking centers (1-800-KEY2YOU) that provide account access and financial products 24 hours a day. Key's Web site is www.Key.com.

CTG is a $500 million information technology (IT) services company that provides business solutions to Global 1000 companies through strategic partnerships. Backed by more than 30 years' experience, CTG delivers business-oriented IT solutions so that clients can focus on their core businesses and use IT as a competitive advantage to excel in their markets. CTG's resources include its 55 offices in 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.  and Europe, 6,000 IT professionals, a suite of proprietary service methodologies, strong project management expertise, and a proactive recruiting approach, CTG-SmartSource.

Today's news release, along with CTG news releases for the past year, is available by fax at no charge by calling Corporate News on the Net at (800) 742-7505. Additional information about CTG is available on the World Wide Web at these addresses: http://www.ctg.com and http://www.businesswire.com/cnn/tsk.htm.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 15, 1999
Words:520
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