Bridgewater
Bank Goes Live with Fincentric’s Wealthview Banking in
Partnership with TELUS
Vancouver, BC, May 26, 2006 –Fincentric
Corporation, a leading global provider of core retail banking software
to financial institutions, and TELUS today announced that Bridgewater
Bank is running live with Fincentric’s Wealthview Banking™ system
following a four month implementation. Bridgewater Bank has successfully
launched Fincentric’s best-of-suite solution to offer enhanced
financial products and services to their growing client base.
“Fincentric has been
instrumental in customizing a solution that fits our needs,” says
Peter O’Neill, Vice President
and General Manager of Bridgewater Bank. “The launch of Wealthview
Banking was delivered on schedule and is an important step in our
strategic plan to improve sales and differentiate our services.”
The implementation
of Wealthview Banking allows Bridgewater Bank to enhance customer
service through the provision of deposits and other financial offerings.
Fincentric’s banking system, in
combination with TELUS’ IT consulting services, enables Bridgewater
Bank to continue to expand their product line, starting with
the introduction of Guaranteed Investment Certificates.
“Our ability to implement the Bridgewater Bank system on
budget and within a four month schedule is testament that we have
a proven methodology to get non-traditional banks up and running
in a predictable time frame,” said Robert Nygren, President & CEO
of Fincentric Corporation. “We’ve worked closely with
the team at Bridgewater Bank to help roll-out a banking system
that allows them to meet the specific needs of the markets they
are targeting.”
Fincentric and TELUS continue to
partner to provide Bridgewater Bank with a first-class solution
including systems consulting, integration and software licensing.
TELUS has provided support services to Bridgewater Bank's implementation
of the Wealthview
Banking system.
"Bridgewater Bank's technology needs will be met by a business
solution backed by TELUS. We'll compliment Fincentric's Wealthview
Banking software by providing state-of-the-art technology, supplying
a communications solution that will deliver a superior customer
experience,” said Monty Carter, Managing Director, TELUS
Business Solutions. “In turn, Bridgewater will be able to
better meet the financial demands of its growing customer base
across Canada.”
This partnership supports Bridgewater
Bank’s
business plan to develop enhanced financial products and services
for distribution to Canadians including the Alberta Motor Association’s
(AMA) more than 750,000 members. Bridgewater Bank has
a national presence with offices located in Vancouver, Calgary,
Edmonton, Toronto, Ottawa, and Halifax.
About Bridgewater Bank
Bridgewater Bank, Canada's newest federally legislated
bank is a wholly owned subsidiary of the Alberta Motor Association
(AMA). Based in Calgary and in business since 1997, Bridgewater
Bank has built a reputation for specializing in competitive rate
mortgage financing. With $1.5 billion under administration and
over 12,000 clients, Bridgewater Bank will continue to exceed the
financial needs of our customers with enhanced offerings to
include deposits and other full service banking products. For further
information, please visit our website at www.bridgewaterbank.ca.
About Fincentric Corporation
Fincentric Corporation is a leading provider of core retail banking
and customer value management software to the global financial services
industry. Fincentric’s Wealthview family of integrated products
enables financial institutions to leverage customer knowledge to
deliver personalized service and product offers, and develop profitable
customer relationships. Fincentric has strategic alliances with
TELUS, Microsoft and Intel, and supports financial institutions
in over 20 countries.
Media Contacts:
Steve Mosey
Fincentric Corporation
Tel: 604.214.5722
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