Financial Fusion(R) Cash Management Solutions Delivers Success to Financial Partners, Inc.
November 15 2005 - 7:00AM
PR Newswire (US)
Financial Fusion and DataHouse Implement Corporate Banking Solution
2.4 ORLANDO, Fla., Nov. 15 /PRNewswire-FirstCall/ -- Financial
Fusion, Inc., a Sybase company (NYSE:SY) announced that Financial
Partners, Inc. (FPI) is reaping the benefits of enhanced
capabilities and increased revenue with the implementation of
Financial Fusion's Corporate Banking Solution. FPI has deployed
Corporate Banking Solution 2.4 to support a wide range of Farm
Credit organizations including their multiple, diverse market
segments from smaller businesses to large corporate entities. The
new solution was implemented in partnership with DataHouse, a
Financial Fusion partner. This solution allows businesses to manage
their accounts, access comprehensive information services, and
perform full-service money movement functions including ACH and
wire transfers all with an intuitive user interface. The Financial
Partners implementation has to date included the conversion of more
than 300 businesses off of a competitive product to Financial
Fusion's Corporate Banking Solution. Financial Partners is part of
the 85-year-old Farm Credit System, a $90- billion nationwide
network of lending institutions and the largest single provider of
credit to American agriculture and agribusiness. In order to expand
its ASP service offering beyond its current consumer and small
business focus, FPI needed a solution that offered a full range of
capabilities from consumer to high-end corporate functionality.
They decided to deploy Financial Fusion's Corporate Banking Suite
(CBS) 2.4 because of its modern architecture and ability to support
critical functions from a single platform allowing it to provision
services according to customer needs. The robust application allows
Financial Partners ASP clients to manage cash positions and process
payments and transfers electronically via the Web. Entitled
business users have the ability to view consolidated cash positions
and quickly transfer funds. The new infrastructure also tracks user
activity, increases the growth of fee-based income, and reduces
management and customer service costs. "We are extremely pleased
with the conversion of our customers to Financial Fusion's
Corporate Banking Solution 2.4," said Clay Morscheck, vice
president Information Services, Financial Partners. "The new
solution has allowed us to capture significant new business
opportunities previously unavailable to us. Financial Fusion is
committed to our success and is helping us dramatically improve our
service offerings in the online banking space. We appreciate the
Financial Fusion platform for its flexibility and ability to
dynamically service the various Farm Credit organizations in our
system along with their customer segments." "We value our
long-standing relationships with Financial Partners and Financial
Fusion," said Doug Vaughn, vice president of Client Services,
DataHouse. "Financial Fusion's Corporate Banking Solution provided
us the ability to deploy a sophisticated corporate eFinance
offering at FPI that integrates with a variety of backend services
in a way that is transparent to the end user." "Financial Fusion
solutions lead the eFinance industry in extensibility, stability,
and performance. We continually working together with each customer
to provide for their individual needs," said Richard Moore,
president, Financial Fusion, Inc. a Sybase Company. "We are focused
on making sure that our customers receive a best-in-class offering
that allows them to recognize an immediate return on their
investment. As business challenges increase and evolve over time,
we provide a clear vision for future and continued enhancements
that allow us to further contribute to our customers' success."
About DataHouse DataHouse is a company of highly skilled people who
are committed to delivering quality business solutions and building
enduring partnerships with our customers. We understand that in the
constantly changing world of technology, businesses are concerned
about implementing appropriate solutions and being able to build
upon them in the future. To support our customers, we offer a
breadth of services and technologies and a wealth of experience
that help their businesses to evolve. http://www.datahouse.com/.
About Financial Fusion Financial Fusion provides integrated
financial solutions to more than 200 of the world's leading
financial institutions. Financial Fusion maintains strategic
technology relationships with BEA, IBM, Microsoft, Sun
Microsystems, and SWIFT. The company supplies service and support
in 60 countries and is a wholly owned subsidiary of Sybase, Inc.
NOTE: Financial Fusion and the Financial Fusion logo are registered
trademarks of Financial Fusion, Inc. All other company and product
names may be trademarks of the respective companies or owners.
DATASOURCE: Sybase, Inc. CONTACT: Joan Fronske of Financial Fusion,
Inc., +1-925-236-4893, or ; or Ruth Busbee, +1-415-618-8739, or ,
for Financial Fusion, Inc. Web site: http://www.sybase.com/
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