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Bankers Systems To Provide Electronic Documents To FI-solutions' Customers
New Agreement Helps Customers Complete On-Line Transactions
ST. CLOUD, Minn., July 20, 2001Fi-solutions customers using the
ezDepositSolutions technology will now be able to complete on-line deposit and retirement
transactions using Bankers Systems electronic documents and disclosures.
According to an announcement made today, the agreement is part of a new partnership
between Bankers Systems, the leader in compliance solutions for the financial services
industry, and Fi-solutions LLC, a provider of Internet application technology to
financial services firms. Under the agreement, Bankers Systems and Fi-solutions
will also engage in cross-marketing and client referrals.
"Its an ideal partnership, not just for the two companies involved, but for
the customers, especially financial institutions that have advanced web sites and on-line
offerings," said John Bryant, Vice President of Marketing for Bankers Systems.
"Now, financial institutions can take advantage of the real-time transaction
technology that Fi-solutions offers them, and they can complete their transactions
with the documents they trust from Bankers Systems."
Fi-solutions ezDepositSolutions provides financial institutions with the
ability to sell core deposit products through their own proprietary web sites on a
real-time basis. As a part of this functionality, financial institutions are provided
automatically completed electronic and paper-based documents that are unique to the
product being purchased. Bankers Systems will focus on providing the on-line documentation
using the companys proprietary MAXML technology for all products
supported by the ezDepositSolutions technology, including checking, savings, money
markets, certificates, and individual retirement accounts.
"Integrating Bankers Systems electronic documents into our
ezDepositSolutions technology will be extremely beneficial to our customers," said
Guy Molde, Executive Vice President of Fi-solutions. "Forms management is a
significant value component within our technology solution. Now, financial institutions
have the option of tailoring their own disclosures or simply presenting standardized
disclosures and account forms supported by the industry leader. Providing our clients with
this level of flexibility will clearly simplify the forms management process and enhance
the value of our product."
About Bankers Systems
Bankers Systems, Inc., a CCH INCORPORATED company, is a leading national provider of
compliance resource solutions for financial institutions and their legal counsel. The
companys deposit, lending, and retirement plan documents, disclosures, software,
training, and support services are used by more than 12,000 financial institutions,
including 83 percent of banks in the U.S. In addition, over 70 leading core processors and
software developers use Bankers Systems compliance-related documents and other
components in their solutions. For more information, call 800-552-9410 or visit www.bankerssystems.com.
About Fi-Solutions LLC
Fi-solutions LLC provides niche technology solutions enabling financial service
firms to optimize their use of new distribution channels and experience significant
operational cost reductions. Through its lead ezDepositSolutions program, Fi-solutions
provides e-communities, such as financial portals, bank sites, credit unions, and
intranets with the power to implement a real-time deposit product sales process (including
shopping, selection, and transaction fulfillment) to their customers in a private-labeled
format. For more information, please visit
www.fi-solutions.com or E-mail email@example.com.
Bankers Systems Inc. is a registered trademark and MAXML is a trademark of Bankers
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