News

Level Four releases distributed architecture solution for ATM channel

April 25, 2006

LONDON - Level Four Software, which provides open standards-based ATM testing and development software, announced the release of a new distributed-architecture solution for the ATM market - Level Four Bridge.

According to a news release, Level Four Bridge is a flexible on-board application that provides a complete business solution for the ATM and self-service software needs of retail banks and third-party ATM processors.

"Following the move to open-standard technology, and based on its continued commitment to driving improvements in the ATM market, Level Four wanted to deliver a solution that would trigger a turning point in the industry," Level Four's executive chairman, Nigel Walsh, said. "Level Four Bridge responds to a concrete market need for advanced ATM and self-service software capability, offering a genuine alternative to the legacy software currently delivered by ATM vendors, enabling banks to transform their ATMs into dynamic, revenue-generating service providers."

Level Four Bridge eliminates dependency on IT resource availability by transforming the ATM channel into a CRM and business development opportunity. Its distributed software architecture takes advantage of XFS and IFX standards, and has been developed to offer a flexible network server approach. Banks can run and control their ATM applications from network servers rather than on individual ATMs, so new content can be integrated into the network quickly and inexpensively.

The holistic design of Level Four's solution increases the opportunity to interact with other bank systems and third parties, offering banks the opportunity to create new revenue streams by delivering up-to-date, personalized ATM services.

Level Four Bridge allows new ATM advertisingopportunities.

"Since receiving an injection of venture capital nine months ago from Quester Capital Management, Level Four has accelerated its development activities and is now transferring the benefits to its customers," Walsh said. "With this new product announcement, Level Four aims to empower banks and give them the flexibility to choose how they create and manage their ATM and self-service networks, and so bring the ATM industry into the 21st century."