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ACI Worldwide says FIs are committed to online banking, consolidation
April 6, 2009
NEW YORK — ACI Worldwide Inc. says the ongoing success of its online banking solution, ACI Enterprise Banker, demonstrates a commitment on the part of the financial services industry to invest in technology that can deliver significant benefits for customers, despite the ongoing market turmoil.
According to a news release, banks can build significant business cases that benefit them and their clients around online-product consolidation, new cross-sell opportunities and small-business market penetration. As a result, ACI says it has seen significant interest from existing North American customers, with more than 70 investing in additional capacity or migrating to the latest version of Enterprise Banker 7.4 released in 2008.
Version 7.4 provides additional functionality to support product consolidation, including enhanced integration capabilities to support streamlined implementations with portals and third-party applications. To date, more than 52 banks have committed to version 7.4 of Enterprise Banker and 41 customers have already implemented the new release.
"Financial institutions are under a lot of pressure at the moment. Any investments they make need to deliver demonstrable benefits — and this is something they get from Enterprise Banker," said Ron Totaro, chief operating officer at ACI. "It integrates with other systems the financial institution is running and enables them to offer their customers a single tool for online banking, trade finance and bill payment."
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