It was last November and if it were a football game, Ted Spooner, Andrew White and Steven Sipowicz would have been kissing each other. It was like winning the Super Bowl. The characters are Corillian's top management and they had just snatched a huge client--Chase Manhattan Corp.--from archrival, S1 Corp.Founded in 1997 as a spinoff of Checkfree, Corillian is a relative upstart in the online banking software game. Although S1 was founded only three years earlier, it is seen as the veteran after creating the first Internet bank. It has 1,850 employees and offers software for a variety of banking operations. In contrast, Corillian has 400 employees and a one-track mind: the provision of software for online banking. In the past year, Corillian, headquarted in Beaverton, OR, has made great strides, giving giant S1 a real run for its money.
Corillian now provides online banking software to five of the nation's top 20 financial institutions, compared with only two for S1. (Boston-based S1 remains the paramount supplier to big financial institutions outside the U.S.)