Client Technologies and Sybase Team Up to Help Financial Service Firms.NEW YORK--(BUSINESS WIRE)--June 22, 1998--The better a company can provide fast and responsive service to its customers, the better its business will be. Yet as financial service firms fight to stay ahead in today's competitive climate, priorities become lost in the shuffle stifling productivity. Client Technologies, a leading provider of client management systems, and Sybase Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : SYBS), one of the world's 10 largest software companies, have teamed up to provide the 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 with enterprise client management solutions that facilitate efficiency. "The financial services industry has the challenge of meeting growing global demands with limited resources, " said Louis Parks, president and chief executive officer of Client Technologies Inc. "We provide the tools that enable the financial community to focus their time, money, and other resources on core elements of the business, such as customer support and service." 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. Prince & Associates, a consultant in Shelton, Conn., more than 80 percent of an organization's sales are generated from an existing customer base, and more than 20 percent of high net worth individuals rely on one-stop shopping for all their money management needs. "In order for us to best assist the financial services industry in keeping pace with today's business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. challenges, we needed a partner with the technology, people and market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" to help broaden our presence," Parks said. "In all three areas, Sybase is the perfect match." Sybase is recognized by many of the world's leading financial organizations for its open, high performance, end-to-end technology. Its financial customers include 68 of the top global banks, and 20 of the leading life insurance companies. "We believe Client Technologies offers a unique client management product that enhances the productivity of the financial services industry," said Michon M. Schenck, vice president and general manager for Sybase's Worldwide Financial Services organization. "Reduced profit margins and escalating market consolidation are driving financial services institutions toward greater productivity and greater customer service." Client Technologies' flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Sales Information Response System (SIRS(tm)), is a software application that automates sales, marketing and customer service operations at the department level or throughout the organization. By eliminating manual tasks, SIRS enables financial sales executives to focus on cultivating customer relationships and identifying revenue-generating opportunities. SIRS facilitates achieving these goals by streamlining mission critical information right on the desktop. The application is equipped with a modular structure that enables users to prioritize pri·or·i·tize v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem v.tr. To arrange or deal with in order of importance. v.intr. tasks, access current market information and reports, track transaction histories, and match prospects with specific opportunities. Key features of SIRS include: - Integrates with back office systems in order to bring a total view of client information to a sales person's desk top. - Contact names to easily schedule phone calls, meetings, and mail merges; - Detailed history of all conversations, notes, and correspondence with clients; - Automatically send requests for reports, marketing collateral Marketing collateral, in marketing and sales, is the collection of media used to support the sales of a product or service. These sales aids are intended to make the sales effort easier and more effective. , and other documents to fulfillment department; and - Visual alerts that remind personnel of important tasks. The benefits of SIRS are maximized through connectivity with Sybase's Adaptive Server IQ, which provides optimized data warehousing See data warehouse. data warehousing - data warehouse , improving the speed of ad-hoc query responses by a factor of 100. "SIRS complete integration with Sybase makes this a strategic partnership," added Schenk. "Together we enable uniformity which will further enhance operations of the financial community." "Client Technologies' mission is to be the leading provider of client acquisition, management, and retention applications to the financial services community. Our partnering with Sybase ensures a packaged solution to meet the unique demands of this industry," concluded Parks. SIRS also works with Sybase's SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. Remote, which enables remote and network-based users to share leads, quotes, new client information and other data affecting sales opportunities, regardless of location. Headquartered in Emeryville, Calif., Sybase Inc. is one of the 10 largest global independent software companies. The company helps businesses manage and deliver applications, content and data anywhere they are needed. Sybase is focused on delivering end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for occasionally connected, data warehousing, and Web computing computing - computer environments. Sybase customers represent the industries leading the global economy, with strong concentrations in financial services, public sector, telecommunications, health care, and media and entertainment. The company's Web address is www.sybase.com. Client Technologies is a provider of client management software specifically designed for the financial services industry. Its sales and marketing solution, Sales Information Response System (SIRS), manages client profiles, account information, scheduling, mail campaigns and on-line research. It also integrates to back office processing systems for complete access to client information and maintains extensive audit trails. The company is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : For information on product installation and services, contact Client Technologies, at 212/481-8555. Or visit its Web site: www.clienttechnologies.com.
CONTACT: Colleen Barton/Jason Kannon
Austin Lawrence Group
203/961-8888 x3009/3002
|
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion