Citibank signs $30M contract with NCR

Citibank signs $30M contract with NCR
Tags: NCR Financial Solutions, Software
February 20, 2002

NEW ORLEANS -- Under the terms of a new global purchase agreement, Citibank has agreed to purchase $30 million of ATM hardware and software from NCR Corporation (NYSE: NCR) over a four-year period.

In addition to self-service hardware and software, NCR will also have the opportunity to supply Citibank with a variety of services, which NCR says complements its overall strategy as a complete solution provider.

The NCR systems in this agreement will support the deployment of CATALYST, an application software platform developed in-house by Citibank. The CATALYST application provides Citibank's customers with a customized, easy-to-use interface into Citibank's banking and investment services.