Banking Software aids data reporting and global payments.
October 31, 2008 -
Offering customizable and international online cash management capabilities, S1 Corporate Banking delivers SOA-based Global Payments Framework that facilitates implementation of payment types for banks worldwide. Interactive Information Reporting offers user-defined data manipulation, and Business Dashboard provides drag-and-drop widgets for immediate access to most relevant data/functions. Users also have access to account balance metrics, reporting, and transaction capabilities.
S1 Enterprise Unveils Next Generation of Information Reporting and Global Payments Framework
S1 Corporate Banking Delivers Powerful User Experience and Payment Capabilities
NORCROSS, Ga., Oct. 20 -- S1 Enterprise, a division of S1 Corporation (NASDAQ:SONE) and a leading global provider of multichannel financial service software, today announced a new release of S1 Corporate Banking that encompasses an array of user customizable and international online cash management capabilities including: a new Interactive Information Reporting solution that offers user-defined data manipulation so banks can provide their large corporate customers the ability to tailor the user experience to their individual needs, and a Service Oriented Architecture (SOA) based Global Payments Framework that will enable banks to more easily implement new high and low value payment types worldwide.
Interactive Information Reporting allows users to customize the appearance of their prior day and current day report information, execute advanced data aggregation and complex calculations, and perform advanced sorting and filtering of account information. In addition, a new Business Dashboard leverages the latest in Web 2.0 technologies to provide "drag and drop" widgets for immediate access to the most relevant data and functions. Users have access to account balance metrics, reporting and transaction capabilities, items needing immediate attention, and shortcuts to transaction initiation functions. Users can enjoy a unique online experience as their customizations to Interactive Information Reporting and Business Dashboard can be saved.
The Global Payments Framework allows S1 Enterprise and its customers to easily add new country specific payment methods. Based on SOA principles, the Global Payments Framework supports open standards based web services, enabling maximum flexibility and ensuring technology alignment with current and emerging standards. Additionally, AJAX and context sensitive Java-Help were implemented to leverage an enhanced user experience. Other key features of the new S1 Corporate Banking solution include asynchronous export, integration of SWIFT-reported data, eReport usability upgrades, and IAT payments. Finally, extensive modifications were incorporated to facilitate multi-locale, multilingual installations.
"With this release, we have taken significant steps to execute on our SOA strategy. Additionally, our Interactive Information Reporting and Business Dashboard capabilities leverage the newest technologies to provide innovative solutions for banks who want to provide a user-centric customer experience," says Fred Dumas, General Manager, S1 Treasury Online Group. "Leading institutions such as Comerica Bank and Zions Bancorporation will be the first banks to leverage the new S1 Corporate Banking application."
S1 has almost twenty years of experience providing cash management and trade finance solutions to the world's largest banks. S1 Corporate Banking provides an integrated global payments framework supporting diverse domestic and international payments, including wire transfers, account transfers, ACH and localized payments for over twenty countries. In addition to comprehensive payment services, S1 Corporate Banking offers a rich, highly flexible user- interface, extensive security and entitlement features like multi-factor authentication, bulk file transfers, check services, and complete information reporting. S1 Trade Finance allows banks to provide their import/export customers robust online capabilities including Letters of Credit, Open Account, Standby Letters of Credit, Guarantees, Purchase Order Processing, Discrepancy Notifications, Documentary Collections, Transfer Letters of Credit, Assignments of Proceeds and document imaging. S1 Corporate Banking and S1 Trade Finance are integrated with the latest version of S1 Enterprise Platform.
About S1 Enterprise
More than 100 banks and three million consumer, small business, and corporate users worldwide rely on S1 Enterprise solutions to access and manage their financial information. A division of S1 Corporation (NASDAQ:SONE), S1 Enterprise is a leading provider of integrated banking solutions that enables financial service providers to receive a holistic view of their customer via a common technology platform regardless of delivery channel - branch, call center, Internet, or voice. Additional information about S1 Enterprise is available at www.S1Enterprise.com.
About S1 Corporation
S1 Corporation (NASDAQ:SONE) delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at www.s1.com, www.postilion.com, www.S1enterprise.com, and www.fsb-solutions.com.
General Information:
Missy Rose
USA
Phone: 704-423-2504 E-mail this person Company Information: Name: S1 Corporation Address: 705 Westech Drive City: Norcross, State: GA ZIP: 30092 Country: USA Phone: 404-923-3500 http://www.s1.com/
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