Metavante Chooses AT&T for Multimillion-Dollar Networking Contract
January 26 2005 - 9:00AM
PR Newswire (US)
Metavante Chooses AT&T for Multimillion-Dollar Networking
Contract eBonding capability helps Metavante manage its client's
networks and makes financial transactions fast, secure and
worry-free MILWAUKEE, Jan. 26 /PRNewswire/ -- Metavante Corp., a
Milwaukee-based financial services technology company, has awarded
AT&T a multimillion-dollar contract for a voice and data
network designed to ensure superior customer service to its banking
and financial services clients. Terms of the three-year agreement
were not disclosed. A key component of the solution is the AT&T
BusinessDirect(R) customer support and network management Web
portal that enables Metavante to manage massive amounts of network
data for its clients. Using the portal, Metavante can monitor its
clients' data networks, troubleshoot potential problems and resolve
issues quickly and easily. The portal allows AT&T's and
Metavante's systems to "talk" seamlessly and automatically --
eliminating the need for any human interaction. This capability,
called AT&T eBonding, uses XML technology to automate network
monitoring and speeds trouble identification and repair to help
ensure fail- safe network management services. "We view AT&T as
a strategic consultant to our business, and worked very closely
with them to develop an innovative solution that enables us to
deliver services that differentiate us in the marketplace," said
Brian Hurdis, executive vice president and chief information
officer, Metavante. "We're delighted to collaborate with AT&T
and leverage their technology expertise to provide the highest
quality support and service to our customer base." Metavante, which
offers data management services to more than 5,000 financial
institution clients, will use the AT&T network to support a
wide variety of financial services including posting transactions
and generating monthly statements, as well as data storage, online
teller applications and electronic bill payment. About Metavante
Corp. Metavante Corporation delivers banking and payment
technologies to financial services firms and businesses worldwide.
Metavante products and services drive account processing for
deposit, loan and trust systems, image- based and conventional
check processing, electronic funds transfer, and electronic
presentment and payment. Headquartered in Milwaukee, Metavante
(http://www.metavante.com/) is wholly owned by Marshall &
Ilsley Corporation (NYSE:MI). About AT&T For more than 125
years, AT&T (NYSE "T") has been known for unparalleled quality
and reliability in communications. Backed by the research and
development capabilities of AT&T Labs, the company is a global
leader in local, long distance, Internet and transaction-based
voice and data services. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991018/ATT )
http://www.newscom.com/cgi-bin/prnh/19991018/ATTDATASOURCE:
AT&T CONTACT: Tom Hopkins, +1-312-230-4889, or , or Mike Pruyn,
+1-312-230-4894, or , both of AT&T Web site:
http://www.att.com/
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