Unisys Corporation and IDOM, Inc. today announced a business alliance that will enable the companies to deliver a fully integrated front-to-back-office e-business banking solution that enhances the accuracy and integrity of financial reports while increasing reporting efficiency. The new solution, the Unisys e-@ction Capital Markets Solution and IDOM`s REG-Reporter, will support straight-through processing with full regulatory reporting for international, commercial, and retail banks.
The Capital Markets Solution is a fully integrated, customer-focused solution designed to support all of a bank`s international business operations, including treasury, retail, and corporate banking. REG-Reporter automates compliance with reporting requirements to regulatory authorities, management, and head offices.
Unisys and IDOM both have global alliances with CMG, a leading European IT services company with offices in the United Kingdom, The Netherlands, Germany, France, United States, Belgium, and Ireland. IDOM will provide regulatory reporting for North and South American banks, and CMG will offer international regulatory reporting and risk management. These global alliances offer best-of-breed regulatory reporting systems for banks to meet the requirements of regulators in the world`s major financial centers, including London, New York, and Frankfurt.
"This alliance with Unisys better positions IDOM to achieve our goal of expanding REG-Reporter and our Global Banking Services into international locations such as Latin America," said Vincent J. Raniere, president and CFO of IDOM, Inc. "With the support of Unisys and this worldwide partnership, I am confident that together we can be successful in the marketplace and an asset to the financial community."
"We are excited to bring IDOM`s solutions to the portfolio of Unisys e-@ction Banking Solutions," said Bradie Barr, director of international banking at Unisys. "The combination of the Unisys Capital Markets Solution and REG-Reporter will enhance our ability to offer our solutions, enable our banking clients to provide new and comprehensive services that help improve operational efficiency, and deliver real value to the bank`s customers."
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IDOM
IDOM, Inc. is a leading provider of management consulting services and banking automation products to the financial sector. In business since 1988, the firm, headquartered in Newark, New Jersey, with subsidiary locations in Miami and London, is comprised of career bankers and system specialists whose knowledge lies in the banking and technology industries, with expertise in financial operations, management, accounting, and reporting. The company`s software products include its industry-leading REG-Reporter, an automated regulatory solution, and DOC-Tracker document management software. For more information on IDOM products and services, please contact the sales department at (973) 648-0900, or visit the IDOM, Inc. web site at www.idomusa.com
Unisys
Unisys is an electronic business solutions company whose 36,000 employees help customers in 100 countries apply information technology to seize opportunities and overcome challenges of the Internet economy. Unisys people integrate and deliver the solutions, services, platforms and network infrastructure required by business and government to transform their organizations for success in this new era. The company offers a rich portfolio of Unisys e-@ction Solutions for electronic business based on its expertise in vertical industry solutions, network services, outsourcing, systems integration and multivendor support, coupled with enterprise-class server and related technologies. The primary vertical markets Unisys serves worldwide include financial services, transportation, communications, publishing and commercial sectors, as well as the public sector, including federal government customers. Unisys is headquartered in Blue Bell, Pennsylvania, in the Greater Philadelphia area. For more information on the company, access the Unisys home page on the World Wide Web at www.unisys.com. Investor information can be found at www.unisys.com/investor