FleetBoston chooses Venetica for wholesale portal

FleetBoston Financial has selected North Carolina-based Venetica Corporation to provide content management software for a new wholesale banking internal portal.

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FleetBoston chooses Venetica for wholesale portal

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The bank will deploy Venetica's VeniceBridge infrastructure software to enable Fleet to access, aggregate, deliver and exchange content stored in multiple, disparate content repositories through one single interface. Users will then be able to access and exchange documents, images and reports in real-time, drawing content from disparate Fleet databases throughout the enterprise.

Dean Athanasia, group executive FleetBoston Financial, says: "Using technology from Venetica, this new collaborative portal will allow Fleet to provide a real-time environment to complete deals and transactions, saving us all time and money while simplifying a wide variety of very complicated processes...With this application, we are able to significantly reduce the time to close the deal and significantly increase customer satisfaction."

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