CoreStates Offers 2 Cash Management Programs for Windows

CoreStates Financial Corp. has announced two new Windows-based cash management products.

One, CoreStation 6.0, is an information-reporting application designed for large- and middle-market corporate customers. The other, Imagexcept, is a lockbox exceptions program.

The move to Windows does not mean the bank has abandoned other operating systems.

"We have been providing and continue to provide DOS-based information reporting," said Ana M. Southern, senior vice president of cash management sales and treasury consulting.

The products are designed to take advantage of local area network environments.

"Clearly, that LAN environment is the way that most of corporate America has gone," Ms. Southern said.

CoreStation already is available, Ms. Southern said. Imagexcept is in the pilot stage and should be released in the first quarter, she said.

The $45 billion-asset bank believes these additions to their cash management suite of applications will assist businesses with electronic commerce "by giving them information at their fingertips," Ms. Southern said.

"It's the information component that has become more and more critical to our customers - how I get it, when I get it," Ms. Southern said.

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