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CA`s CleverPath Portal enables rapid expansion of OneUnited Bank

Highly adaptable intranet solution provides critical support for bank`s acquisition strategy
By Computer Associates Africa
Johannesburg, 13 Mar 2003

Computer Associates International, Inc (CA) today announced that OneUnited , the nation`s largest interstate bank currently under African-American management, has deployed CA`s CleverPath Portal to support the rapid expansion of its business through the acquisition of new member .

OneUnited Bank, the only interstate bank currently under African-American management, helps communities overcome the challenges created by poverty, economic disenfranchisement and community stagnation. The newly combined entity comprises Boston Bank of Commerce, Peoples Bank of Commerce in Miami, and Founders Bank of Commerce and Family Savings Bank in Los Angeles, and has reached $500 million in assets through its aggressive acquisition strategy.

CleverPath Portal has played a key role in enabling the assimilation of member banks into the OneUnited family - allowing disparate systems to be quickly integrated into common, intuitive workspaces customised to meet the needs of individuals and departments across the country.

"It used to take us months to integrate new acquisitions into our system," said Jim Barry, vice-president, Information Technology, OneUnited Bank. "Now, with the single management interface of CleverPath Portal, we can integrate new member banks into our system within days. This is critical because we`re growing very quickly through acquisitions outside of our geographic area."

OneUnited Bank evaluated competitive products including Plumtree, Sun iPlanet and ATG before choosing CleverPath Portal. Key factors in the bank`s decision included CleverPath`s ease of implementation, its powerful technical capabilities, its robust controls and CA`s cost-effective processor-based licensing model.

In addition to centralising disparate systems, CleverPath Portal provides a standardised, browser-based operating environment for users throughout the organisation - from tellers and branch managers to marketing, finance, retail, loan, deposit, administration and back office. This substantially reduces training costs while ensuring high productivity and staffing flexibility.

CleverPath Portal also ensures the integrity of business processes by providing a single, easily managed point-of-execution for multiple related tasks.

"With CleverPath Portal, we have improved our communications, regulatory compliance, phone book, content and application management," said Barry. "All of this helps lower the cost of product delivery and increases our flexibility in pricing and fee structures."

Barry gives high marks to CA Services for the support his company received designing and implementing its solution.

"Computer Associates invested a lot of time with us to learn about our mission and understand our requirements," said Barry. "With CleverPath Portal, they have delivered a solution that meets our needs instead of trying to have us fit their model. The CA Services team was always available to point us in the direction of any resource we needed."

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OneUnited Bank

OneUnited Bank (www.oneunited.com) is revolutionising financial services in urban communities from coast-to-coast by uniquely offering affordable banking services for all and fostering economic growth and individual opportunity. As the first inter-state and fastest growing African-American bank in the US with $500 million in assets and branches in Massachusetts, Florida and California, OneUnited Bank is the premier banking institution for inner city communities across America. OneUnited Bank is backed by A-list celebrity shareholders, including NBA Hall of Famer turned businessman, Earvin "Magic" Johnson; entertainer, Janet Jackson and music executive Jheryl Busby; and led by Kevin Cohee, chairman and CEO and Kenneth T Lombard, vice-chairman of OneUnited Bank and president of Johnson Development Corporation and Magic Johnson Theaters.

CA

Computer Associates International, Inc (NYSE:CA), one of the world`s largest software companies, delivers software and services that enable organisations to manage their IT environments. Focus areas include network and systems management, storage and security management, portal and business intelligence, and application lifecycle management. Founded in 1976, CA is headquartered in Islandia, New York, and operates in more than 100 countries. For more information on CA, please visit http://ca.com.