First Union National Bank renews ISS securities contracts

First Union National Bank renews ISS securities contracts

First Union National Bank has extended its licence with Integrated Software Solution (ISS) for its Corporate Universe and ISSMoneyMarket products.

Corporate Universe provides both debt and equity securities processing on a single system for banks. Its open systems environment and object-oriented database allows for Internet access, IVR integration, and rapid development.

ISSMoneyMarket is an Internet-based commercial paper issuance system that provides short-term debt processing. The system minimises paper instructions and person-to-person contact, and allows real-time interaction between client and company.

First Union has been an ISS customer since 1995.

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