The new service combines the IP Telephony and converged network data infrastructure of Banking Infrastructure and Technology Service (BITS) with Compushare managed services content. Community bank branches can connect into the regulatory compliant and secure utility services, leveling the playing field against their mega-banks competitors.
Compushare and Atlantic Central Bankers Bank (ACBB) announced a partnership alliance in June of 2007 and have moved quickly to combine their banking expertise, technology advancements and offerings into the I2 Bank Network brand.
Chuck Daniels, CEO of BITS, said: Simply connect branches into the I2 Bank Network and begin enjoying significant infrastructure cost savings, improved network performance and lowered system and data integrity risks.
Combined with the robust suite of managed services from Compushare now available over our private BITS infrastructure, a bank can get all their data, voice and network services over a single connection. The total cost of ownership savings is immediate — between 25% and 40% on average.
Romir Bosu, CEO of Compushare, said: We are celebrating this joining of competencies that will greatly benefit the community banking industry. The I2 Bank Network is the first of its kind in the nation and can be delivered safely and successfully through partnership with ACBB and BITS. ACBB’s credibility in the Mid-Atlantic Community is impeccable and CEO Jon Evans is nationally recognized as a visionary with his creation of BITS some years ago.
