Accounting and Financial Software
S1 and IBM Deliver New Solution to Help Financial Services Providers Streamline Payments Systems
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S1 Postilion Payments Software Now Available on IBM System p Servers and DB2 9 Data Server
ATLANTA, Nov. 14 -- The S1 Postilion Group, a leading provider of payments and transaction management solutions, and IBM today announced the general availability of Postilion software for IBM System p servers running DB2 9 data server.
Financial services providers using Postilion software can now rely on the strengths of IBM System p servers, the proven reliability and security of IBM's AIX UNIX operating system, and powerful and secure transaction processing and data management capabilities provided by IBM's DB2 9 data server.
"Banks are grappling with the task of renovating older payments systems in response to competitive, regulatory and cost pressures," said Mark Greene, vice president, IBM financial services. "The combination of Postilion payments software running on IBM hardware and software will help our clients better access and integrate payments data and process high-volume financial transactions with minimal operational risk."
"Our own recent scalability and reliability benchmarking of Postilion on IBM System p servers with DB2 9 data server confirms that they are perfect for deploying high-performance Postilion solutions," said Johann Dreyer, chief executive officer of S1 Corporation. "We are very excited to team with IBM and offer Postilion on this platform, in addition to our long-standing support for the Microsoft Windows Server operating system and SQL Server database."
About IBM
For more information about IBM, please visit http://www.ibm.com/
About S1 Corporation
S1 Corporation (NASDAQ:SONE) delivers customer interaction software for financial and payments services and offers unique solution sets for financial institutions, retailers, and processors. The Postilion Group is the provider of Postilion payments software solutions. Postilion was added to S1's software solutions when it acquired Mosaic Software in November 2004. Postilion drives payments, including advanced financial transactions such as prepay and self- service, through ATMs, POS terminals, phones, and Internet access points. Postilion provides consolidated management information, integrated card management, EMV chip enablement, and loyalty software solutions. Postilion reduces transaction processing costs, speeds time to market for new products and offerings, improves analysis of customer transactions and business opportunities, and increases profitability. Postilion is at the forefront of next-generation payments processing software -- over 250 customers in more than 50 countries use Postilion to provide leading-edge consumer transaction processing.
For more information, please visit http://www.s1.com/
Source: S1 Corporation
CONTACT:
Leisha Richardson
S1 Corporation
+1-512-336-3028
leisha.richardson@s1.com
Sean Tetpon
IBM Media Relations
+1-914-474-5508
stetpon@us.ibm.com
Web site:
http://www.s1.com/
http://www.ibm.com/
