Stanford Federal Credit
Union Selects Fincentric's i-Wealthview Core Banking Software
Vancouver, BC — July 16, 2002
– Fincentric Corporation, a leading global provider of wealth
management and core banking software, today announced that Stanford
Federal Credit Union (SFCU) has signed a licensing agreement to
implement Fincentric's i-Wealthview Banking(tm) software for its
core banking system.
i-Wealthview Banking will provide SFCU with additional
functionality, enhanced Internet capabilities, increased performance
and customer intelligence. The system will be implemented in September
of this year.
Established in 1959 and based in Stanford, California,
SFCU is owned and operated by more than 40,000 members of the Stanford
Community and has assets of approximately $400 million. The Stanford
Community includes Stanford University, Stanford Hospital, Lucile
Packard Children's Hospital and Stanford Linear Accelerator Center.
Its customer base reaches the university employees, students and
alumni, as well as persons who work for the high tech organizations
on property owned by Stanford University in the Silicon Valley.
SFCU is a leader in electronic commerce; in 1993, it was the first
financial institution in the United States to offer financial transactions
on the Internet.
i-Wealthview Banking is a complete front-to-back
office banking system for financial institutions with integration
across multiple delivery channels, including Internet banking. An
online transaction-processing (OLTP) engine, designed for high performance
and high availability, completes the retail core processing system.
Fincentric's software features Customer Value Management(tm) capabilities
that enable the institution to analyze the value of each customer,
formulate strategies to maximize their value, and increase customer
retention.
"We continue to see new implementations of
i-Wealthview Banking in institutions that want to use advanced technology
to become truly customer centric," said Mike Cardiff, Fincentric's
president and CEO. "Stanford Federal Credit Union has a history
of implementing leading-edge solutions, and we're pleased they are
moving to i-Wealthview Banking to continue building profitable customer
relationships."
About Fincentric
Fincentric Corporation is a leading global provider of
enterprise wealth management and core banking software. Fincentric's
i-Wealthview(tm) wealth management software products include 'next
generation' core banking, CVM(tm), data aggregation, Internet and
wireless financial portals and full multi-channel support. Its revolutionary
Customer Value Management(tm) capabilities provide profitability
and relationship analysis that allow financial institutions to recognize
the value of each customer, and maximize their profitability. Fincentric
products enable financial institutions to quickly deploy solutions
for their converging financial service offerings, while also supporting
capabilities for increasing customer profitability, customer acquisition,
and retention. Fincentric has approximately 300 customers worldwide,
and has strategic relationships with Microsoft, Compaq, and other
international partners. For more information, call (604) 278-6470.
Fincentric, i-Wealthview, i-Wealthview Banking and
Customer Value Management (CVM) are trademarks of Fincentric Corporation.
Media Contacts:
Fincentric Corporation:
Shella Evangelista
Media & Analyst Communications Manager
Fincentric Corporation
Tel: (604) 214-5710
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