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COCC
TEAMS WITH BAKER HILL FOR BUSINESS BANKING SOLUTION
AVON, Conn.--(BUSINESS WIRE)--Jan. 6, 2003--COCC, Inc., a leading provider of information technology services to community financial institutions, has teamed with Baker Hill, a leading provider of banking process solutions. Together, COCC and Baker Hill will introduce new commercial lending customer management capabilities integrated with COCC's core processing system.
“COCC will employ Baker Hill's OnePoint business banking Relationship Management solution as a decision-support tool for COCC's fully integrated core processing solution for banks, thrifts and credit unions. OnePoint is designed specifically for business banking and adds substantially to COCC's suite of next-generation processing capabilities for community financial institutions.
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"The Baker Hill relationship further enhances COCC's commercial banking capabilities and keeps our customers a step ahead of the business banking trend," said Richard A. Leone, president of COCC. "Baker Hill's solution provides the industry's best features so that bankers can continue to compete and serve business customers more effectively."
"COCC has an excellent record of delivering innovative solutions to its customers," said Mark Hill, president of Baker Hill. "OnePoint will enable COCC's customers to leverage Baker Hill's best practices approach to business relationship management. We are proud to partner with this leading company."
With OnePoint, COCC customers will have a common view into a business customer's total relationship with the institution. Data is shared, communications are improved, and administration is streamlined to give senior management and calling officers a more complete picture of sales activity and the sales pipeline.
COCC has integrated a full suite of next generation technologies in support of every aspect of financial information processing. COCC's core processing system is built around a single, integrated database that ties all customer relationship information to electronic banking, item processing, financial management and centralized reporting systems. COCC has migrated more than 60% of its 91 customers to the advanced core platform -- the only information service to do so since the advent of next generation technology.
The Baker Hill - COCC relationship was the result of COCC's analysis and client input. The ensuing negotiations resulted in a relationship that capitalizes on the strengths of both organizations. In the coming months, COCC clients will enjoy a robust, custom interface to the Baker Hill solutions.
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