Thomas R. Madison Jr. Named Chairman of the Board; Alogent Continues Market Momentum with the Appointment of an Independent Director as Chairman.ATLANTA -- Alogent Corp., a leading provider of enterprise payment transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. solutions for global financial institutions and processors, today announced the appointment of Thomas R. Madison, Jr. as its Chairman of the Board of Directors. Madison is an Alogent veteran who has served on the company's board for the past four years. "As Alogent celebrates its first decade as an industry leader, our organization has grown to successfully deliver mission-critical software solutions to the largest and most innovative financial institutions in the world," said Brian Geisel, founder 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. . "As Tom moves into a more strategic role at Alogent, we look forward to expanding our leadership presence in 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. arena by leveraging his extensive wealth of business, strategy and operations know-how." Madison was Chairman and CEO of Indus International, Inc. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :IINT), a leading Service Delivery Management (SDM SDM - Schematic Data Model ) solution provider. He has also served as President and CEO of Talus talus (tā`ləs), deposit of rock fragments detached from cliffs or mountain slopes by weathering and piled up at their bases. A talus is a common geologic feature in regions of high cliffs. Solutions, Inc. (acquired by Manugistics NASD:MANU), as well as Group Vice President of Computer Sciences Corp. (NYSE NYSE See: New York Stock Exchange :CSC) and President of CSC's Financial Services Group. During his tenure, Madison managed a comprehensive portfolio of software, services, ASP and outsourcing solutions for companies in 65 countries. Prior to CSC, he was Managing Director for Gemini Consulting, a subsidiary of Cap Gemini Sogeti, Paris, France. Prior to that, Madison began his career with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corp. (NYSE: IBM). During his 15 years of service, he was Director for Large Systems and Telecommunication Products, Industry Director for Financial Services and Director for Workstation Products. "Brian and the entire Alogent team have an extensive track record of delivering superior products and leading the industry as a pioneer in payment processing solutions for the world's foremost financial institutions," said Tom Madison, Alogent's new Chairman of the Board. "My goal is to leverage the company's established success, market leadership and entrepreneurial spirit as well as to assist the Board and Senior Management in continuing its quest for distributed capture dominance." About Alogent Founded in 1995, Alogent Corp. is a leading global provider of enterprise payment processing solutions that enable financial institutions and processors to accelerate the conversion of paper to electronic processing. The company's Sierra suite of software solutions automates payments and deposits at every point of presentment (including branches, ATMs, merchants, corporations and cash vaults) while optimizing the efficiency and security of electronic data and image processing and settlement. Alogent is the deposit automation market leader with our Sierra platform processing billions of payments annually with over 30,000 desktop points of presentment sold. The company's customers include HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) , KeyCorp, Lloyds TSB and SunTrust, among others. Alogent brings proven delivery and leadership to help customers worldwide address mission-critical challenges. For more information, visit www.alogent.com. |
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