Chordiant and SourceMedia Announce Upcoming Webcast: "The End of Lending Silos".Senior Lending Industry Analyst Bobbie Britting to Participate in Discussion of New Multi-Product, Multi-Channel Lending Technologies CUPERTINO, Calif. -- Chordiant Software, Inc. (Nasdaq:CHRDD), the leading provider of Customer Experience (Cx[TM]) software and services, today announced that it will host a Webcast in conjunction with SourceMedia entitled: "The End of Lending Silos -- Multi-product, Multi-channel Lending is Here." To be held Tuesday, February 27 at 2:00 p.m. ET / 11:00 a.m. PT / 7:00 p.m. GMT (Greenwich Mean Time) See UTC. GMT - Universal Time 1 , the Webcast will feature Bobbie Britting, senior analyst, Consumer Lending Consumer lending or consumer loans refers to any type of loan product that is not a mortgage; such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, recreational vehicle, or Certificate of Deposit loans. , from TowerGroup. TowerGroup is the leading research and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal firm focused exclusively on the global 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. industry. The Webcast will also feature Chordiant banking and decisioning solutions experts. The group will discuss today's complexity created by operational and technology silos in the top 100 banking enterprises, and how the advent of flexible, standardized architectures may now enable their elimination. With silos removed, costs are reduced, and the origination of multiple loan products -- auto, home equity, consumer, and mortgage -- can occur from a single desktop. In this one hour Webcast, Ms. Britting will join Anthony Morris, director of banking solutions, and Arnold Koudijs, director of decisioning solutions, for Chordiant, to explore how banks can: * Unify product and customer processes across multiple lines of business and channels; * Use decision management to reduce write-offs and collections by making the right lending decisions at the point of sale; * Reduce the cost of lending operations while improving time-to-market for new products; * Protect and maintain large investments in existing trusted systems In the security engineering subspecialty of computer science, a trusted system is a system that is relied upon to a specified extent to enforce a specified security policy. As such, a trusted system is one which failure may break a specified security policy. of record. "To respond to market volatility, financial services institutions need faster time to market for new products, reduced effort to implement policy changes, and deeper customer relationships," said Bobbie Britting, senior analyst, TowerGroup. "Like organizational product silos, 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. systems with a single product focus are no longer adequate and can be replaced by enterprise loan origination solutions that can originate multiple products from one system. In this Webcast, we will discuss how core systems transformations and back-office consolidation are initiatives that correlate with the strategic responses necessary to face these business drivers head on." What: Webcast: The End of Lending Silos -- Multi-product, Multi-channel Lending is Here. When: Tuesday, February 27, 2007 2:00 p.m. ET / 11:00 a.m. PT / 7:00 pm GMT Featured Speakers: Bobbie Britting, Senior Analyst, TowerGroup Anthony Morris, Director Banking Solutions, Chordiant Software Arnold Koudijs, Director Decisioning Solutions, Chordiant Software For more information or to register for this Webcast, please go to: http://register.sourcemediaconferences.com/webevent/ chord_registration_form.cfm?sourcecode=promo pro·mo n. pl. pro·mos Informal A promotional presentation, such as a television spot, radio announcement, or personal appearance. 1. (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) About Chordiant Software, Inc. Chordiant helps leading global brands such as HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) , Barclay's, CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company and Capital One deliver the best possible customer experience. Unlike traditional business applications, Chordiant Customer Experience (Cx) solutions blend insight with predictive desktop decisioning to uniquely understand the customer's behavior. This deeper understanding cultivates a lasting, one-to-one relationship that aligns the most appropriate value proposition to each consumer. With Chordiant Cx solutions, customer loyalty, operational productivity and profitability reach new levels of return. For more information, visit Chordiant at www.chordiant.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This news release includes "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " that are subject to risks, uncertainties and other factors that could cause actual results or outcomes to differ materially from those contemplated by the forward-looking statements. Forward-looking statements in this release are generally identified by words, such as "believes," "anticipates," "plans," "expects," "will," "would," "guidance," "projects" and similar expressions which are intended to identify forward-looking statements. There are a number of important factors that could cause the results or outcomes discussed herein to differ materially from those indicated by these forward-looking statements, including, among others, whether Chordiant's customers will honor their contractual commitments, whether the Company will be able to achieve its revenue targets and market acceptance of its products. Further information on potential factors that could affect Chordiant are included in risks detailed from time to time in Chordiant's Securities and Exchange Commission filings, including, without limitation, Chordiant's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the period ended September 30, 2006, and Chordiant's most recent quarterly report on Form 10-Q Form 10-Q See 10-Q. . These filings are available on a Web site maintained by the Securities and Exchange Commission at http://www.sec.gov. Chordiant does not undertake an obligation to update forward-looking or other statements in this release. Chordiant and the Chordiant logo are registered trademarks of Chordiant Software, Inc. The Customer Experience Company and Cx are trademarks of Chordiant Software, Inc. All other trademarks and registered trademarks are the properties of their respective owners. |
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