In Brief: E-Profile to Process Lehman Accounts

MALVERN, Pa. - Sanchez Computer Associates Inc. said Lehman Brothers Bank, the banking unit of Lehman Brothers Inc., has become a customer of Sanchez' e-Profile subsidiary.

Lehman, which plans to go into online banking this year, signed the contract for e-Profile to process its customer accounts, which the vendor will do at its bank operations and data center near Pittsburgh.

E-Profile is offering the back-office portion of Internet banking for Lehman, and Corillian Corp., through an agreement signed last month, will provide the front-end interface.

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