To: TLindt who wrote (832 ) 12/23/1998 1:18:00 PM From: K9 Read Replies (1) | Respond to of 20297
Good or Bad? Will CKFR compete w NSCP Netscape and EEI Team to Offer Online Banking and Brokerage Solutions to the Financial Industry Tuesday, December 22, 1998 03:36 PM Mail this article to a friend new! Companies to Enable Financial Service Providers to Expand their Breadth of Services on the Internet NEW YORK, Dec. 22 /PRNewswire/ -- Enterprise Engineering, Inc. (EEI), a top systems integrator to financial services companies, today announced that they have signed an agreement with Netscape Communications Corporation (Nasdaq: NSCP) to market, sell and share technology solutions to help speed the delivery of online banking and brokerage services. Under the terms of the agreement, EEI will use Netscape(R) Application Server and Netscape(R) Enterprise Server Software as part of the technology infrastructure for EEI's online financial services offering, Enterprise Financial Transaction Exchange (EnterpriseFTX(TM)). The problem a financial services firm faces in delivering real-time services is the ability to connect its back office systems through the Web, and to its front-end customers in a comprehensive and cost-effective way. By leveraging Netscape's powerful server software and EEI's EnterpriseFTX(TM) and implementation services, the two companies can offer a total solution that is scalable, extensible and cost-effective for financial institutions. "This relationship with Netscape will allow both parties to provide robust, scalable solutions to the financial marketplace, while providing best-of-breed technology," said George Anderson, president and CEO of EEI. "Together, we can help usher in the era of value-added, real-time Internet banking and brokerage." "In the Net economy, companies are searching for ways to leverage the Internet to enhance business processes and find competitive advantage," said Maneesh Dhir, vice president and general manager of The Application Platform and Managed Content Division at Netscape. "EEI's EnterpriseFTX(TM) solution for Netscape Application Server enables banks and brokerages to leverage existing systems to build new Internet applications running Netscape Application Server that bring financial services to their customers on the Internet." In addition, Netscape has authorized EEI's Learning Center to offer training and education on Netscape enterprise software. As an authorized OFX solution provider, EEI helps financial organizations harness OFX technology to create secure home and business-to-business applications via the Internet. EnterpriseFTX(TM) supports OFX, the industry's standard protocol for the electronic exchange of financial information. Three-and-a-half year-old EEI is emerging as a force in financial services, with a track record of success in application development, re-engineering, and systems integration projects for Web-based services, trading floors, back-office capabilities for European Monetary systems, and Y2K. The firm has grown from three people in 1995 to more than 100 professionals today. EEI provides consulting, education, and systems integration services for the likes of Chase Manhattan Bank, Deutsche Bank, and Prudential. The New York-based company has extraordinary expertise for real-time online banking and brokerage. Enterprise Engineering, Inc. (EEI), is a leading consulting and systems integration firm for the financial industry. Based in New York, EEI provides information technology consulting and education services to Fortune 500 companies. The company specializes in back-office integration of Web-based services and legacy systems. Its Enterprise Financial Transaction Exchange (EnterpriseFTX(TM)) solution allows financial enterprises to deliver financial transaction services online, thus, offering a variety of financial applications to online users. The company's homepage is joineei.com . Netscape, Netscape Navigator, Netscape Certificate Server, Netscape Fasttrack Server, Netscape One, Suitespot, and The Netscape N and Ship's Wheel Logos are registered trademarks of Netscape Communications Corporation in the United States and other countries. Other Netscape Logos, Product Names, and Service Names are also trademarks of Netscape Communications Corporation, which may be registered in other countries.