London Bridge lands Kansas bank Phoenix contract

London Bridge lands Kansas bank Phoenix contract

First National Bank of Olathe has selected London Bridge's Phoenix software as its core processing system.

The Kansas-based bank, with assets of approximately $500 million, has chosen to run the Phoenix system as an in-house solution and is scheduled to convert in February 2003.

A key factor in the bank's selection was the Phoenix system's relational database architecture.

Brian Roby, president and CEO of the bank, says: "Phoenix's use of a relational database will provide us with a host of unique possibilities we would not have had otherwise. This will allow us to not only continue providing current services, but also provide several new services to our customers."

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