IBM and M&I Eastpoint, an operating group of M&I Data Services, a leading software products and services provider in banking and finance, have announced the signing of a partnership agreement to promote, license, distribute, market and support top-of-the-line banking software solutions to the worldwide market, excluding North America.
IBM will complement its line of products and services for the banking and financial industries with the Eastpoint Banking System, a UNIX-based software solution that supports the core processing needs of today’s small- to medium-sized financial institutions. M&I Eastpoint provides complete information management for banks, finance companies and other specialized financial institutions.
“This marketing and support agreement with IBM offers financial customers worldwide a modern, functionally innovative open-system solution,” said Joseph Delgadillo, president and COO of M&I Data Services. “We at M&I Data Services are excited to team up with IBM worldwide which will lead the marketing efforts and customer support.”
According to Dan Shannon, president of M&I Eastpoint, the Eastpoint Banking System stands out among software programs in the financial marketplace by offering flexibility and ease-of-use, along with strong company support. “It is a proven solution that has been jointly installed with IBM in several financial institutions in Europe,” he said. “Based on customer needs, financial institutions can choose from a complete turnkey solution, licensed product and consulting services or full-facilities management.”
The M&I Eastpoint Banking System encompasses Customer Information, Deposits, Loans and Product Builder. In addition, the product provides Loan Collections, Financial Management and Teller Systems with more modules available.
M&I Eastpoint has more than 60 customers throughout Europe, South America, Australia and the United States. The company is part of M&I Data Services, which offers financial software products and services to institutions worldwide. M&I Data Services is a division of Marshall & Ilsley Corporation, a $15.4 billion holding company. M&I Eastpoint is located in Bedford, N.H., while both M&I Data Services and Marshall & Ilsley Corporation are located in Milwaukee, Wis.Details