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================ Interface eBriefs May 8, 2000 ================ In this Edition:
COMPANY NEWS 1. Stifel Nicolaus Upgrades MyCopy to Deliver Trade Confirmations to Clients 2. J.C. Bradford & Company taps Interface for broker statement delivery software 3. Bob Nero explores the Legacy-to-Internet dilemma during Killen & Associates Webcast
UPCOMING EVENTS 4. National Investment Company Service Association (NICSA) Technology Forum 2000
INTERFACE IN THE NEWS 5. The Detroit News spotlights Interface's Legacy-to-Internet Technology
INTERNET INSIGHT 6. Financial Services Firms Spending Less On Online Advertising
======================================= DON'T FORGET TO REGISTER FOR INTERFACE'S WIRELESS SEMINAR!
There are still a few openings available in both the morning and afternoon sessions for "The Growing Demand for Wireless and Web Services in Financial Services" seminar at the Marriott Financial Center in New York City, May 17.
Join Interface Systems, Killen & Associates and Tumbleweed Communications as their top executives explore the impact of wireless/cell technology and electronic services in the financial services industry.
Space is limited so register now at:
intface.com
or call 1-800-544-4072 Ext. 1680 ===========================================
=================== COMPANY NEWS ===================
1. STIFEL NICOLAUS UPGRADES MYCOPY TO DELIVER TRADE CONFIRMATIONS
What's better than delivering electronic copies of client statements to your brokers? How about delivering online trade confirmations to your brokers.
Look for Stifel Nicolaus and Company to do exactly that thanks to a new agreement between Interface and Stifel that will help the St. Louis-based brokerage firm upgrade its existing MyCopy system to deliver online trade confirmations.
"The Interface solution has exceeded our expectations of cutting printing costs and providing our sales force with an extremely efficient product," explains David Sliney, Director of Strategic Planning and Technology for Stifel. "With the addition of MyCopy's trade confirmation capability, we will be able to deliver trade confirms to our brokers via the company Intranet, further enhancing our potential for cost savings and broker efficiency.
Read the complete Press Release at: intface.com For more on Stifel Nicolaus & Company, visit: stifel.com ............................................................................ ................
2. J.C. BRADFORD & COMPANY TURN TO MYCOPY FOR BROKER STATEMENT DELIVERY
What do you do when your clients receive their account statements before their brokers? At J.C. Bradford & Co., they turned to Interface's MyCopy electronic statement delivery software.
The Nashville, Tenn., securities and investment firm is now using MyCopy to provide its brokers with duplicate electronic statements within minutes of the paper copies being mailed to the clients. The result? Now when a client has a question about her statement, the broker has instant access to the account information exactly as the client sees it.
"Interface's MyCopy has enabled us to substantially reduce our statement delivery time to our investment representatives, while improving service," says Steve Johnson, J.C. Bradford Vice President. "Interface's extensive experience adapting legacy information to the Web resulted in a product that not only met our expectations, but actually exceeded them."
J.C. Bradford & Co. has more than 900 brokers in 86 offices in 16 states.
For the complete story go to: intface.com
For more on J.C. Bradford, visit their Website at: jcbradford.com ............................................................................ ........................
3. BOB NERO EXPLORES THE LEGACY-TO-INTERNET DILEMMA DURING KILLEN & ASSOCIATES WEBCAST
What does it take to successfully bridge the Legacy-to-Internet gap? Interface CEO Robert Nero took on that very question during a recently released WebCast with Michael Killen, founder and chairman of Internet market research firm Killen & Associates.
"Most large firms have a distinct infrastructural dependence on legacy systems, which have been continuously improved and refined," Nero told Killen. "At the same time, these firms are giving birth to e-commerce initiatives involving completely different people in the organization, and yet there is a distinct dependence on the legacy systems in making the new initiatives work well. Interface's L2i(TM) vision is designed to bridge the gap between legacy systems and the Internet to ensure that enterprises achieve their e-commerce or Internet objectives."
To view the entire WebCast, visit: killen.com
For more on Interface's Legacy-to-Internet (L2i) technology, visit intface.com
================== UPCOMING EVENTS ================== 4. NATIONAL INVESTMENT COMPANY SERVICE ASSOCIATION (NICSA) TECHNOLOGY FORUM
Join Interface at this year's NICSA Technology Forum, May 10-11 at the Boston Park Plaza hotel in Boston, Mass. In addition to being an official sponsor of the event, Interface will be demonstrating its MyCopy software, built on the company's L2i technology platform.
For more information on the conference, visit: nicsa.org ............................................................................ .................. ======================== INTERFACE IN THE NEWS ======================== 5. MAINFRAMES GET NEW LEASE ON LIFE From the Detroit News Technology Section, April 9, 2000 Believe it or not, there are still corporations in this new era economy using ancient mainframe computers for the basics -- like customer billing. Sure, they'll talk about e-commerce and pledge allegiance to the Internet Revolution, but their backbone computer systems can't easily generate customized account information directly, electronically, on-demand and in real-time to employees and clients. They live in a world where stockbrokers put customers on hold before rifling through rolls of microfiche and bankers wait for statements to arrive as printouts from the home office. These are Fortune 1000 companies -- banks and utilities among them -- racing to become e-businesses, but held back by reality: a deep dependence on dinosaurs built before the Internet Age. Interface Systems, Inc. has a solution, and it's getting lots of applause on Wall Street. The Ann Arbor firm has enjoyed the biggest market run-up of any major publicly traded company in Michigan over the past twelve months -- more than 2,500 percent -- a period in which many Michigan stocks faltered.
"Any company that wants to do e-commerce and has legacy systems has to combine the two to be successful," said Robert Granger, vice-president of Internet applications. "We sit at the juncture."
"Legacy" is a general term used to describe older computer systems, including mainframes, that companies have built their operations around over time. Many include components dating back to the early 1960s. Interface develops software it says amounts to a quick-fix for Mainframe America. Read the entire article at the Detroit News: detnews.com
===================== INTERNET INSIGHT ===================== 6. NEW STUDY SHOWS FINANCIAL SERVICES COMPANIES AD SPENDING INCREASING AT A SLOWER RATE
Financial services companies, which represent the third-largest online ad spenders, are increasing their ad spending at a slower rate than other Internet advertisers as a whole, says a new study by AdRelevance.
The study says that advertising impressions for financial services companies grew at an average weekly rate of 1 percent over the past three months, compared to the industry average of 4 percent.
The study also found that roughly one-quarter of Web users are visiting financial sites, and that their popularity continues to grow. According to the latest Media Metrix data, traffic to financial Websites increased 27 percent, versus a 9 percent increase in overall Web traffic.
For more findings, visit: adrelevance.com
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If you received a copy of this message from someone else and would like to subscribe to Interface's eBriefs, you can do so by visiting: intface.com
*********************************************************** Interface Systems develops and markets Legacy-to-Internet software and services solutions under the L2i(TM) brand. The company's products, which include MyCopy(TM), eBill Bridge(TM) and Document Server, enable large organizations to re-deploy information stored on legacy systems as the foundation for their strategic e-commerce or Internet applications. Interface's products, geared primarily toward the fast-growing customer statement delivery and online billing markets, offer rapid, cost- effective implementation without having to alter the legacy applications. Interface's growing customer base includes leaders in the brokerage, banking, insurance and processing services industries.
Interface Systems 1-800-544-4072 Ext. 1680 (734) 769-5900 Ext. 1680 e-mail: marketing@intface.com intface.com
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Copyright 2000, Interface Systems, Inc. All rights reserved. Interface permits reproduction of the contents of this message for publicity and promotional purposes. MyCopy, eBill Bridge, L2i and the Interface Logo are trademarks of Interface Systems, Inc.
Other product and company names mentioned herein may be trademarks of their respective companies. Mention of third-party products is for informational purposes only and constitutes neither |