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Management Strategies

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Bank Bytes

Wachovia uses networked storage plus data management software from EMC; Capital City Bank uses Series 2000 from Banklink; Fleet Bank installs Core that it co-developed with Carreker.

Wachovia, Charlotte, N.C., is using networked storage plus data management software from EMC, Hopkinton, Mass., to consolidate its IT platform with that of First Union, which it merged with last year. Separately, Wachovia will offer e-billing and online account management software from edocs, Boston, to its corporate customers.

Capital City Bank, Tallahassee, Fla., has used Series 2000, a treasury management system from Banklink, New York, to garner 35 new customers for its Web-based cash management service.

Fleet Bank, Boston, has installed Core, a check fraud detection system that it co-developed with Carreker, Dallas.

Bank of the Sierra, Porterville, Calif., has tapped MoneyLine Lending Services, Lake Forest, Calif., to host Sierra MortgageLine, an online mortgage origination service.

SouthTrust Bank, Birmingham, Ala., has licensed UniFi, a mortgage origination system from Fiserv, Brookfield, Wis.

Regions Bank, Birmingham, Ala., has tapped Fiserv, Brookfield, Wis., to manage the administration of its automobile leasing portfolio.

M&T Bank, Buffalo, N.Y., has upgraded to the latest version of Voyager, a Web banking platform from Corillian, Portland, Ore.

First National Bank of Olathe, Olathe, Kan., has selected Phoenix, a core processing system from London Bridge Group, Atlanta.

Sovereign Bank, Philadelphia, has licensed Web-based cash management software from Politzer & Haney, Boston.

Whitney National Bank, New Orleans, has tapped Fundtech, Jersey City, N.J., to provide hosted cash management services including balance reporting, funds transfers, ACH, check management and reporting.

JP Morgan Investor Services, New York, is operating Global Market Reference Data, a global repository enabling custody clients to access reference data for straight-through-processing.

Southwest Corporate Federal Credit Union, Dallas, will provide image-based deposit processing services from Aurum Technology, Plano, Texas, to affiliated credit unions in Houston and San Antonio.

Bank of Hawaii, Honolulu, has tapped Metavante, Milwaukee, to provide core transaction processing services including deposits and loans, e-banking and bill presentment and payment.

Scotiabank, Toronto, Canada has licensed an integrated banking platform from Sanchez Computer Associates, Malvern, Pa., to process the bank's mortgage portfolio.

Webster First Federal Credit Union, Webster, Mass., has installed TruePoint, a bank agent workflow and contact management system from Maxxar, Detroit.

Compass Bank, Birmingham, Ala., has linked LoanCenter, a commercial lending system from Appro Systems, Baton Rouge, La., to its core processing system from S1, Atlanta.

Union Bank of California, San Francisco, has tapped Trade Finance from S1, Atlanta, to provide Internet-based trade finance services to corporate customers.

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