Commercial Federal Bank Licenses Corillian Voyager for Next-Generation eFinance Platform; Corillian Voyager to Provide Innovative Services and Enhanced Scalability.Business Editors, Banking/High-Tech Writers PORTLAND, Ore.--(BUSINESS WIRE)--July 19, 2002 Corillian Corp. (Nasdaq:CORI), a leading global provider of eFinance solutions, today announced that Commercial Federal Bank, a $12.7 billion federal savings bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks , headquartered in Omaha, Neb., has licensed the Corillian Voyager platform to provide enhanced online banking services to Commercial Federal's retail banking customers. Commercial Federal Bank has been providing online banking services to its customers at www.comfedbank.com since April 2000. Corillian Voyager will provide new and enhanced services such as real-time access to financial accounts, an online check register and the ability to seamlessly download account data into personal financial management software programs like Quicken and Microsoft Money Microsoft Money is Microsoft's personal finance software for computers using the Microsoft Windows operating system. A version is also available for Windows Mobile (available for Money versions 2000-2006, and up to, but not including Windows Mobile 5.0). . Corillian Voyager also will give Commercial Federal Bank a scalable and reliable solution that can grow with the bank and its increasing online banking customer base. "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a technology vendor that could not only provide us with the functionality that we need to keep up with the current market, but one that exceeds market expectations," said First VP Karen Baldwin, director of alternative delivery, Commercial Federal Bank. "The functionality and reliability of the Corillian Voyager platform are exactly what we were looking for in an eFinance partner. We are excited to start on this project." Corillian Voyager -- The Operating System operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. for eFinance(tm) -- is a high-performance platform that allows for the delivery of 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. to customers over the Internet. Corillian Voyager provides a link between a financial institution's legacy host system and its consumers, using Internet browsers and personal financial management software. Corillian Voyager's open architecture design allows an institution to integrate emerging technologies quickly, deploy the platform in-house or in a secure data center, and customize the entire Internet banking presentation to its customers. Built on the Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. 2000 Advanced Server and SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. 2000 platform, Corillian Voyager provides financial institutions with a scalable, robust enterprise solution that meets the growing demands of the eFinance industry. "We are excited to start this eFinance partnership with Commercial Federal Bank," said Ted Spooner Please help [ improve this article] by revising it to be and encyclopedic. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Corillian. "With Corillian Voyager, Commercial Federal Bank will have an innovative and scalable solution in place that will provide state-of-the-art online banking services for its customers and give them the foundation they need to provide new services in the future on a reliable platform." About Commercial Federal Bank Commercial Federal is a $12.7 billion federal savings bank that currently operates branches located in Nebraska, Missouri, Kansas, Iowa, Colorado, Oklahoma, Arizona and Minnesota. Commercial Federal operations include consumer and commercial banking, mortgage banking, commercial lending, insurance and investment services and Internet banking. Commercial Federal's Web site can be accessed at www.comfedbank.com. About Corillian Corporation Based in Oregon, and with international offices in Europe, Asia and Australia, Corillian Corporation is an award-winning provider of eFinance-enabling software for the financial services industry. Built on the Microsoft Windows 2000 platform, Corillian applications support Internet banking, bill delivery and payment, wealth management, customer relationship management, enhanced data aggregation, personalization and small business transactions. Corillian Voyager can be deployed on-site at the financial institution or in Corillian's data center. Corillian also offers Corillian Voyager SE, a subscription-based Web service that leverages Corillian Voyager technology in a hosted environment. Corillian technology also enables Open Financial Exchange (OFX OFX Open Financial Exchange OFX Outer Fix OFX Open Effects ) access by finance management software packages such as Quicken(R), QuickBooks(R), Microsoft(R) Money and Microsoft(R) Money Explorer. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com. Note: Quicken and QuickBooks are registered trademarks of Intuit in·tu·it tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem To know intuitively. [Back-formation from intuition. , Inc. Matters discussed in this release may include forward-looking statements that involve risks and uncertainties, and actual results may be materially different. These matters include the reliability and stability of Corillian Voyager and Corillian's ability to produce next generation Internet See Internet2. financial services software in the future. Factors that could cause actual results to differ include the risk that Corillian encounters significant obstacles in installing Voyager at Commercial Federal, that Corillian Voyager has defects or errors that prevent it from operating in a reliable and stable manner at Commercial Federal, that Corillian is not able to successfully develop new products or services and that Commercial Federal does not purchase additional products or services from Corillian in the future. Other risks include those stated in Corillian's reports and other documents filed from time to time with the Securities and Exchange Commission including its report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended March 31, 2002. |
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