LAKE MARY, Fla. (6/28/12)--Harland Financial Solutions' PhoenixEFE enterprise solution has received an XCelent Technology Award from Celent for its performance in the advanced technology category.
PhoenixEFE is used by hundreds of credit unions and banks worldwide, ranging from community to multi-billion dollar institutions.
The award was announced as part of a study of financial institutions with less than $1 billion in assets. It examined 13 providers in the financial services sector using the Celent ABCD Vendor View to show the relative position of vendors in the areas of advanced technology, breadth of functionality, customer base and depth of client services.
The report cites trends among financial institutions, including a drive to replace older legacy systems with more efficient and flexible hosted core banking systems, as firms look for a better return on investment through automation and flexibility. The report also stressed the need for multi-channel technologies that help attract members and maintain member loyalty, and the importance of increased integration that provides a single view of the member.
"Banks are, more than ever, looking for vendors with highly integrated core solutions that facilitate their forays into multiple channel technologies, such as ATM, Internet, interactive voice response and mobile," said Stephen Greer, analyst with Celent's Banking Group, and co-author of the report.
"Customer centricity is becoming increasingly important for financial institutions to compete, and banks desire solutions that facilitate product development and provide a wide array of customization capabilities," he said.
MIDDLETOWN, Pa. (6/28/12)--Mid-Atlantic Corporate FCU, Middletown, Pa., will hold its second annual Information Technology (IT) and Security Conference, Aug. 13-14.
"The agenda includes guest experts who will discuss new types identity theft and deception practices, vulnerability assessments, and how the expansion of cloud computing is changing the face of technology," said Richard Carberry, Mid-Atlantic Corporate FCU's security administrator.
James Munton, an expert on deception and author of the book "The Con: How Scams Work, Why You're Vulnerable and How to Protect Yourself," will serve as the event's keynote speaker. Munton is an authority on identity theft and data breaches.
Scott Sutherland, a special agent with the FBI for more than 24 years, will serve as the conference's closing speaker. Sutherland will discuss various forms of technology and data risk for financial institutions and society. During his tenure with the FBI, Sutherland was assigned to Washington, D.C., and Philadelphia, where his work included investigating white-collar crime, public corruption and computer intrusion. He currently serves in the Philadelphia Division Field Intelligence Group.
Other topics to be addressed at the conference include virtualization and virtual security, cloud computing, new types of criminal threats, incident response plans and guidance on the 2011 Federal Financial Institutions Examination Council Supplemental Authentication in an Internet Banking Environment.