Greenwich Study Recognizes ACI Enterprise Banker Quality
Wednesday, July 18, 2007
(Omaha, Neb. – 18 July 2007) – ACI Worldwide (NASDAQ: TSAI), a leading international provider of software for electronic payment systems, has been recognized by Greenwich Associates for the quality of its ACI Enterprise Banker solution. In Greenwich Associates’ Online Services Benchmarking study, which compares the features and functionality of leading online banking platforms, ACI’s Enterprise Banker receives high marks on platform navigability, ease of setting up new users and its strength in several product categories, notably ACH. The study is based on in-depth evaluations of Web-based platforms performed by Greenwich consultants.
Speaking at the ACI Enterprise Banker Client Conference, Marc Harrison, a consultant with Greenwich and program manager for the benchmarking study, shared the results with attendees from over 30 financial institutions. “In addition to the benchmarking data, our core Greenwich research in the commercial segment indicates that, similar to banks in the U.S. that lead the market in terms of overall penetration, banks using the ACI platform have been very successful in moving a significant proportion of their lead customers online,” said Harrison.
“The results of the Greenwich studies demonstrate the Enterprise Banker value proposition,” said Ralph Dangelmaier, president of the Americas channel at ACI. “The benchmarking data suggests that ACI provides financial institutions with comparable functionality to costly bank platforms developed internally. We are extremely pleased with the results of the Greenwich study. Coupled with our recent Best-in-Class awards from Aite, the Greenwich study confirms that Enterprise Banker has a proven track record of service excellence and value.”
The ACI Enterprise Banker solution recently received Best-in-Class awards for Most Large and Mid-Size Bank Deployments, Greatest Depth of Functionality, Best New Release of a Solution, and Most Innovative New Product Feature. The four awards were presented by Aite Group in its recent report on cash management systems.
About Greenwich Associates
Greenwich Associates is the premier strategic consulting and research source for providers and users of financial services worldwide. Founded in 1972, Greenwich provides institutional financial services firms and those who participate in its research (Research Partners) with systematic and tailored management information — market intelligence — that helps them meet their business needs.
The firm offers over 100 research-based consulting programs and custom research spanning the following markets: investment management, fixed income equities, investment banking, large corporate banking, foreign exchange, derivatives and small business/middle market banking.
About ACI Worldwide
Every second of every day, ACI solutions are at work processing electronic payments, managing risk, automating back office systems and providing application infrastructure services. Founded in 1975, ACI is a leading international provider of solutions for retail banking, wholesale banking and cross-industry systems. ACI serves more than 800 customers in 84 countries including many of the world's largest financial institutions, retailers and payment processors. Visit ACI Worldwide on the Internet at www.aciworldwide.com.
Any statements in this press release regarding projected results are preliminary and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, this press release may contain other forward-looking statements including statements regarding Transaction Systems Architects, Inc.’s (“TSA”), its subsidiaries or third parties’ expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect. The forward-looking statements in this press release are subject to a variety of risks and uncertainties. Actual results could differ materially.
For a detailed discussion of these and other risk factors, interested parties should review the Company's filings with the Securities and Exchange Commission, including the Company’s Form 10-K filed on May 11, 2007 and the Company’s 10Q filed on June 29, 2007.