2 Firms to Wed Software Offerings

Olivetti North America will integrate its branch automation software with core processing software by Florida Informanagement Services Inc.

The goal is to create a system through which bank tellers and platform personnel get better on-line access to customer information files.

The revenue-sharing agreement would link Olivetti's Mosaic OA client/server system with the Orlando-based firm's Dollar System. The integrated product will run in the Windows NT environment.

Community Savings Bank of West Palm Beach, Fla., has committed to test the product early next year, executives at FIS said.

Florida Informanagement executives said the company will market the system to about 50 banks that currently use a DOS version of the Dollar System.

"If our customers want to compete with First Union and Chase Manhattan, they need to have the same tools," said Charles Pelton, senior vice president of bank services at the Florida firm. "This product will help them automate and customize sales and marketing efforts."

The system also will be used to bring Windows-based technology to bank call centers, self-service kiosks, and consumer lending departments, technology company executives said.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER