Bank of Mauston selects IBT core system
05 October 2009 | 1355 views | 0
Source: Integrated Bank Technology
Integrated Bank Technology (IBT), a company that specializes in providing core processing and imaging software applications for in-house and ASP environments for financial institutions and provides 24/7 support services, announced that one of its existing customers, Wisconsin-based Bank of Mauston, has selected its new core system. The bank currently uses several IBT applications and with the core system, Bank of Mauston will eliminate its interfaces and use one fully integrated system
"Our current core system is being discontinued, so I was trying to find a new system that would come as one integrated package but it wasn't offered by the seven companies that I contacted," JoAnn Johnson, COO at Bank of Mauston, said. "When IBT announced its new core system, I saw that it has the integration, cost effective pricing and user friendly environment that we needed. Most of the other systems use old technology with a new interface wrapped around it, but IBT gives us the newest, best technology out there."
Bank of Mauston uses IBT's check imaging, document imaging and Internet banking products. Once the new core system is installed, the bank will be able to always give its customer up-to-date information using one product without the interface and training across all the delivery channels. Bank of Mauston will outsource all of its services to IBT and use the company's data center to take advantage of the real-time replication to enhance the bank's business continuity in the event of a disaster.
"Bank of Mauston has been a customer for six years and we are pleased to expand our relationship and provide the bank with the core system that it has been seeking," Mike Golebiowski, president at IBT, said. "Our introduction of our new core system at the beginning of the year was designed to offer our existing and prospective customers with all of the benefits that a fully integrated suite of modern technology offers. We are very pleased to see that Bank of Mauston has recognized those benefits."