IBM and Viewpointe Announce End-to-End Solution for Check Image

IBM AND VIEWPOINTE ANNOUNCE END-TO-END SOLUTION FOR CHECK IMAGE EXCHANGE
Solution offers banks complete solution for Check 21

May 19, 2004. Las Vegas, Transpay. IBM and Viewpointe today announced an industry leading end-to-end solution for Check 21, providing the most comprehensive, scalable, and resilient solution in the banking industry.

With IBM and Viewpointe’s end-to-end solution for Check21, banks will now have flexible deployment options for check 21, including:

Highly scalable, effective e-business on-demand solution featuring utility-based pricing
Lowest cost solution for check image products and services while moving fixed cost overhead to a variable cost model
Market leadership and broad competency in IT, check processing, image archive/exchange while providing high quality, on-time and on-budget delivery
Rapid, one-stop-shop implementation for speed to market, with typical realization of benefits within 3-6 months.
The IBM solution provides a complete set of products and services necessary to allow banks to participate in national check image exchange, reaching all end-points. The solution spans check image capture through image archive, image sharing and image exchange while offering targeted solutions for Day
Two processing, image quality analysis and fraud management services.

“One of the major issues we’re hearing from bank customers is the burden that banks have in evaluating what it means to be Check 21 ready,” said June Felix, Global GM of Risk, Compliance and Payments at IBM. “This expanded relationship
with Viewpointe enables IBM to give a complete solution from image capture to storage to exchange and sharing, removing many of the barriers to readiness,” Felix concluded.

With today’s announcement, IBM will combine Viewpointe’s check image products and services with IBM’s own expanding suite of check image products and services to directly offer customers a “best of breed - one stop” solution for Check 21, including:

Viewpointe’s Imagepointe ™ for check image archival and high speed image retrieval, Hotpointe ™ for redundancy and disaster recovery; and Decisionpointe™ for data analysis

Viewpointe’s ImageShare™ and Exchangepointe ™ for check image sharing within the archive and check image exchange with all end-points external to the archive
Viewpointe solutions for fraud detection and Day Two application processing

IBM industry leading check image solution, imageCPCS™, CPCS, Gateway and IQA ™ (Image Quality Analysis). The IBM Gateway provides for expanded options to process and reliably exchange check images and capture checks as early as possible in the payment cycle, from a wide range of sources, including bank branches, ATMs and retail point of sale.

IBM thought leadership, project management, application integration and process re-engineering services for check image architecture, image exchange, Check 21 and related payment solutions through IBM’s Business Consulting Services (BCS) and Application Management Services (AMS)
Industry leading hardware solutions for check Image sorters (3890-XP) and Check Image Cameras (3897 – Model 4)