Top 10 U. S. Bank Selects Alogent's Remote Deposit.Thin client solution streamlines enterprise deployment for rapid expansion 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 that a top 10 U.S. bank has licensed its Sierra Xpedite[R] Remote Deposit[TM] software for its business and corporate clients. With this announcement, Alogent solidifies its leadership in the remote deposit marketplace by serving four of the Top 10 U.S. commercial banks along with hundreds of financial institutions. "Expanding a bank's multi-channel payment strategy is a key component to increasing revenues and improving customer satisfaction for our clients," 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. of Alogent. "To be truly successful and drive sustainable bottom line results, leading banks are expanding beyond the traditional concepts of business as usual to drive convenience and simplicity for their business customers. As a pioneer in deposit automation, Alogent is pleased to deliver these solutions for multiple leading financial institutions." Sierra Xpedite Remote Deposit includes the implementation of a server-based scalable architecture platform for real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. payment processing. Smart client technology - which combines the ease of deployment of Web-based thin clients and rich user interface and functionality of desktop-based client applications - significantly enhances the speed of customer deployment and maintenance updates as well as alleviates the need to manually install and configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. software at the client site. This capability is further extended to a bank's small business, large corporate and to correspondent clients who provide hosted private label products to clients of multiple financial institutions. Managing real time processing through the use of a shared, secured and scalable server provides an economical way to extend market share capabilities. About Alogent Founded in 1995, Alogent Corporation 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 solutions automates payments and deposits at every point of presentment presentment: see indictment. (including branches, ATMs, merchants, corporations and cash vaults) while optimizing electronic data and image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished and settlement. Alogent is the deposit automation market leader with our platform processing billions of payments annually with more than 55,000 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 Lloyds TSB Group plc (LSE: LLOY) is a banking and insurance group in the United Kingdom. It was formed in 1995 by the merger of Lloyds Bank and the Trustee Savings Bank (TSB). The Group's head office is at 25 Gresham Street, London. 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 or call 800.333.6030. |
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