LaSalle Bank renews Digital Insight preferred partner contract
Digital Insight Corp. (NASDAQ:DGIN), the leading online banking provider, and ABN AMRO, parent company of LaSalle Bank Corporation, announced that the companies have renewed and extended their Preferred Partner Agreement with options extending through 2010.
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Under terms of the agreement, LaSalle Bank will continue to utilize Digital Insight Professional Services to play an integral role in developing advanced product features and functionality. Digital Insight will also continue to dedicate development and delivery resources to LaSalle Bank for the purpose of designing and deploying first-to-market online business banking solutions through its highly rated online banking service, CashPro.
"We look forward to furthering our relationship with Digital Insight. Our best-in-class research capabilities combined with Digital Insight's technological capabilities will enable us to continue delivering the best online banking experience to our corporate clients," said Milton Santiago, senior vice president and department head of Electronic Banking, LaSalle Bank.
ABN AMRO/LaSalle Bank's CashPro was recently ranked the number one Internet application for cash management services in Greenwich Associates' 2005 Website Benchmarking study. In addition, a recent Celent Communications report notes: "LaSalle's attitude toward offering cash management services has helped them grow into a top competitive player in the space...the in-depth customer knowledge that the bank is constantly acquiring has also allowed them to regularly offer upgraded and advanced features and functionalities. Digital Insight works side-by-side with LaSalle to develop new software as well as maintain and enhance the existing offering."
CashPro leverages several core components of Digital Insight's Corporate Banking applications.
"As we help LaSalle Bank maintain its position of industry leadership, this agreement enables Digital Insight to continue to bring next-generation, award-winning online business solutions to the market," said Digital Insight Chairman, President and CEO Jeff Stiefler. "We look forward to working with LaSalle in the years to come and continuing to develop this mutually beneficial relationship."