Corillian Successfully Implements Enhanced Internet Banking Platform for Wachovia.Business Editors/Technology Writers NEW ORLEANS--(BUSINESS WIRE)--Nov. 28, 2000 Corillian Corp. (Nasdaq:CORI), a leading provider of eFinance solutions for the Internet, today announced that Wachovia, a $72 billion 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. company, unveiled its new Internet See Web 2.0 and Internet2. banking solution powered by Corillian Voyager. Corillian Voyager, which was implemented on-site at Wachovia, will provide Wachovia's Internet customers with real-time access to their accounts to check balances, conduct transactions, pay their bills and download statement data to personal financial management software like 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). (R) and Quicken(R). "We are implementing a new Internet banking platform to expand services and provide convenient account access," said Lawrence Baxter, Wachovia executive vice president and head of the eBusiness division. "We were looking to develop new products and add functionality to our Internet banking service and Corillian stepped up to the plate. Corillian has worked with us through the entire implementation cycle, and the openness and flexibility of the Voyager platform gives Wachovia a foundation for future Internet banking developments." 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 to customers over the Internet. Voyager provides a link between a financial institution's legacy host system and its consumers, using Internet browsers, personal financial management software and Internet-ready wireless devices. Voyager's open architecture design allows an institution to quickly integrate emerging technologies, deploy the platform in-house or in a secure data center, and customize the entire Internet banking presentation to its customers. "This has been a great relationship for us as we have worked closely with Wachovia to customize and deploy a solution that meets its expanding needs," said Ted Spooner Please help [ improve this article] by revising it to be and encyclopedic. , president and 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 Voyager, Wachovia has a solution on-site that gives it control of its operations, and the flexibility and scalability it needs to meet the demands of its fast-growing Internet banking customer base." About Corillian Based in Oregon, and with an international office in London, England, Corillian Corporation is an award-winning provider of eFinance-enabling software for the financial services industry. 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. NT platform, Corillian applications support Internet banking, bill delivery and payment, brokerage, customer relationship management, enhanced data aggregation, and small business transactions. Voyager can be deployed on-site at the financial firm or at a secure data center. 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) and Microsoft(R) Money. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com. About Wachovia Wachovia Bank, N.A. is the principal subsidiary of Wachovia Corporation, a financial holding company with assets of $72 billion as of September 30, 2000. Member companies offer consumer and commercial banking, bank card, asset and wealth management, capital markets and investment banking, brokerage and insurance services. Wachovia Bank operates nearly 700 offices and 1,400 ATMs in Florida, Georgia, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. and Virginia. For more information, visit www.wachovia.com. Matters discussed in this release may include forward-looking statements that involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include the risk that Corillian or Wachovia discover defects or errors in Corillian's solutions. 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 quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2000. www.businesswire.com/ipo/cori.shtml |
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