OSI, BISYS In Agreement; OACU Selects Firm
Open Solutions Inc. said it is expanding its relationship with BISYS, a provider of business process outsourcing solutions. The expanded relationship will allow BISYS banking clients to leverage Open Solutions' outsourced check image and check processing systems with the BISYS information processing system. The solutions are delivered through Open Solutions' Northeast regional processing centers. Mutual Open Solutions and BISYS clients will be able to access to images online at their teller stations and make the images available to their members via the Internet. Return items can also be handled online with the Federal Reserve.
Meanwhile, in Fort Worth, Texas, the $1-billion OmniAmerican Credit Union selected Glastonbury, Conn.-based Open Solutions, Inc., to handle all transactions and integration processes for its more than 241,000 members nationwide. A 25-person evaluation team reviewed six vendors before selecting OSI.
Finally, Open Solutions, Inc.'s e-Solutions business unit, a provider of Internet banking and cash management solutions, announced 10 new contracts for its comprehensive cash management and Internet banking solution, e-Commerce Banker (e-CB). Seven of the ten contracts are new clients, and three institutions already using the e-CB suite of products purchased add-on modules. Among the new contracts: First Bristol Federal Credit Union, Bristol, Conn.; Woods Credit Union, Oklahoma City, and Verity Credit Union, Seattle.
"e-Commerce Banker, a secure and scalable web banking solution, gives a financial institution's business and retail customers access to account information and transaction initiation 24 hours a day, seven days a week," the company said.
For info: www.opensolutions.com.