APR 4, 1997,
Edify Corporation, the leading provider of self-service software, has announced that it has entered into an alliance with Hewlett-Packard to offer customers comprehensive and security- enhanced Web banking solutions. This follows Edify's recent announcement in the US that it has signed an agreement with Hewlett-Packard Company to support HP's VirtualVault security solution as part of Edify's fully integrated Web banking offering. Also, under the terms of that agreement, Edify has become an HP Independent SoftwareVendor (ISV) Partner and Edify products will be promoted as part of HP's offerings or electronic commerce solutions. Edify's support of HP VirtualVault expands Edify's security offerings, building on its comprehensive strategy for security.
"The recent breach of ActiveX security by the German hackers club has highlighted the importance of protected online transactions. The partnership between HP and Edify offers the best of both worlds - the industry's leading security system together with comprehensive customer and employee self service on the Web," said Chris Thompson, HP's Retail Programmes Manager, Financial Services Europe.
"Our partnership with HP further underlines our superiority in the Electronic Banking Arena," said Philip Kennell, Regional Sales Manager for Edify Europe. "Edify, the market leaders in Self Service Banking Applications teaming up with HP, the leader's in Internet Security products must surely be a massive boost to European Financial Institutions seeking to offer their services across the web."
Edify first introduced the Electronic Banking System in May 1996. EBS is a self-service application product that offers a comprehensive suite of electronic banking services that enable fully branded personalized service on the World Wide Web. The Edify Electronic Banking System includes a fully integrated application suite for Web banking; multiple electronic delivery options including telephone, fax and personal financial managers; and visual development tools for rapid customization and integration with a wide range of back-office systems.
Electronic Banking and Security. With the customer solutions now being offered by HP and Edify, financial institutions can be first to market with innovative services that are fully protected by the industry's leading security system. VirtualVault is the leading solution available that allows businesses to provide new, innovative Internet services for their customers while protecting business-critical applications. It enables electronic transactions end-to-end without compromising the integrity of internal computing environments and now provides a complete, fully integrated solution for the banking community.
Edify and VirtualVault.
Edify's software, the Electronic Workforce and the Electronic Banking System, have both been certified to work with HP VirtualVault to ensure protected transactions electronically - both within a corporation and via the World Wide Web. Edify software, combined with HP VirtualVault, will provide security-enhanced, Web-based customer and employee self service solutions for a variety of industry segments. Edify and HP's worldwide sales forces will promote the Electronic Workforce and the Electronic Banking System as part of their solutions for customer self service on the Web.
Edify's Security Strategy.
Support for HP VirtualVault expands upon Edify's already comprehensive security strategy which encompasses the following: - support for open standards, including Secure Sockets Layer (SSL), an industry-standard protocol and Digital ID, a widely-used form of digital identification;
- partnerships with leading security vendors, such as HP;
- Edify-specific security innovations such as Intelligent SSL and telephony-aided authentication;
- integration with leading Web servers, screen routers and firewall solutions to deliver an end-to-end security capability for Edify customers.
Notes to Editors
HP's Financial Services Business Unit, part of the company's Computer Systems Organization, works closely with world-class partners to design and build industry-specific and customized open-computing solutions for banks, insurance companies, securities firms and other global financial-services organizations.
The FSBU's clients include some of the largest, most profitable and most respected institutions in the world. HP's solutions for the financial-services industry are on the Internet's World Wide Web at hp.com.
Hewlett-Packard company is a leading global manufacturer of computing, communications and measurement products and services recognized for excellence in quality and support. HP has 110,800 employees and had revenue of $31.5 billion in its 1995 fiscal year.
Information about HP and its products can be found on the World Wide Web at hp.com.
Edify Corporation is a leading supplier of self service software products that enable organizations to provide automated services via the Internet, corporate Intranets and the telephone. The company's software accesses multiple back office systems and integrates and extends those systems to provide customers, suppliers and employees with direct access to information and services.
Edify solutions offer customers a secure, fast, scaleable and cost effective way to deliver self service capabilities to high volume mission critical business applications. Over the past four years, Edify has licensed its software to over 550 customers for Web and telephone self service applications such as bank account inquiries, employee benefit enrolments, inventory status and automatic shipment notifications. In May 1996, Edify introduced its first fully integrated application product, the Edify Electronic Banking System (EBS), targeting the emerging market for anytime, anywhere banking services. The company distributes its products directly and through leading solutions providers, application partners and distributors worldwide. With over 250 employees, Edify Corporation is headquartered in Santa Clara, California.
Additional information about Edify may be obtained via the World Wide Web at edify.com. |
