Bluepoint Solutions, Inc. and Open Solutions Inc. Announce Strategic Partnership
–Open Solutions to Offer Bluepoint’s Teller Capture Solution to its Financial Institution Clients–
Glastonbury, Conn./ Vista, Calif. — Dec. 16, 2008 – Bluepoint Solutions, Inc., an innovator in Check 21, remote deposit capture, image-based item processing, electronic document management and multi-factor identification software technology for financial institutions, and Open Solutions Inc., a leading provider of integrated, enterprise-wide core processing technologies for banks and credit unions throughout the United States, Canada and other international markets, today announced a strategic reseller agreement under which Open Solutions will offer Bluepoint’s teller capture solution to its bank and credit union clients.
Under the name tMagicTM, Bluepoint’s teller capture product will be available to more than 5,200 Open Solutions bank and credit union clients. tMagic teller capture will enable tellers to efficiently capture and process checks at the teller line. As a result, additional cost savings, operational efficiencies and positive environmental impact will be realized while preventing fraud and improving the client experience.
According to Ron Young, Open Solutions VP, Product Strategy and Management, “Our partnership with Bluepoint is based on a shared commitment to help institutions achieve higher returns from their investment in Check 21 technology. By providing a teller capture solution, we continue to enhance our distributed capture offering and are able to deliver even greater business benefits to our clients. We are excited about our new relationship with Bluepoint and believe their teller capture solution will give our clients a distinct technological, service and competitive advantage in their respective markets.”
Hal Tilbury, Bluepoint Solutions Chairman said, “Bluepoint and Open Solutions share the same core business values of service and employing the very best and latest technology to improve our clients’ institutional performance. This agreement allows us to focus on our core competencies while offering the financial industry the most advanced, real-time, fully integrated, best of breed Check 21 solution. We anticipate a mutually beneficial relationship for both of our businesses.”
About Open Solutions
Open Solutions Inc. offers a fully-featured strategic information management product platform that integrates core processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting and management tools, profitability tools, wealth management, imaging, digital documents, interactive voice response, technology services, HSAs, payments and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts, credit unions and financial services providers in the United States, Canada and internationally to better compete in today’s aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.
For more information about Open Solutions, contact Mickey Goldwasser at firstname.lastname@example.org, phone 860.652.3153 or fax 860.652.3156. Visit Open Solutions on the Web at www.opensolutions.com.
Open Solutions Inc. is a registered trademark of Open Solutions Inc. All other company and product names may be trademarks of their respective owners. Copyright 2008. Open Solutions Inc. All rights reserved.